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CIPS L4M8 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Whole Life Asset & Cost Management | 25% | - Total cost of ownership concept
|
| Topic 2: Sourcing Process & Supplier Management | 25% | - Stages of strategic sourcing
|
| Topic 3: Application of Procurement Cycle | 25% | - Key stages of procurement cycle in practice
|
| Topic 4: Ethics, Responsibility & Compliance | 25% | - Ethical and responsible sourcing application
|
CIPS Procurement and Supply in Practice Sample Questions:
1. What are five recognized types of modern slavery?
2. Explain three strategic decisions that could be made or enhanced by using the STEEPLE or SWOT analysis
3. Describe a situation where amendment or an addendum would need to be created
4. Describe three types of fraud that could occur within the supply chain of an organization with which you are familiar.
5. Explain how influencing, can relate to corruption within procurement.
Solutions:
| Question # 1 Answer: Only visible for members | 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 |







