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CIPS L4M8 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Supplier Relationships and Performance | - Performance improvement
|
| Contracting and Legal Principles | - Contract management
|
| Procurement and Supply Context | - External business environment
|
| Risk, Ethics and Sustainability | - Procurement risk management
|
| Procurement Technology and Innovation | - Innovation in supply management
|
| Procurement Process and Sourcing | - Supplier selection and evaluation
|
CIPS Procurement and Supply in Practice Sample Questions:
1. The supplier is responsible for delivering the goods to a named port or destination (such as an air-port or warehouse), as well as unloading them from the terminal from this point, risk passes to the buyer.
A) DAT - Delivered At Terminal
B) FAS - Free Alongside Ship
C) DP - Delivery Duty Paid
D) DAP - Delivered At Place
2. Explain why the behavior of an organization with which you are familiar could affect its business.
3. Describe what should be considered when creating damages terms in a contract.
4. Explain which factors should be considered when deciding the quantity of a product to order.
5. Think of a supply chain with which you are familiar and distinguish between the primary, second-ary and tertiary sector organization within it.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: Only visible for members | Question # 3 Answer: Only visible for members | Question # 4 Answer: Only visible for members | Question # 5 Answer: Only visible for members |







