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CIPS L4M6 Exam Syllabus Topics:
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Reference: https://www.cips.org/qualifications/diploma-in-procurement-supply/supplier-relationships/
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CIPS Supplier Relationships Sample Questions:
A procurement category manager has been asked to advise the project team on the appropriate selection and awarding process for a complex procurement project in a multi-geographical organisation. It is likely the specification will be updated during the process, and several phases of negotiation will be required throughout. This will include final negotiations with the winning bidder. The team are therefore aware it will be a time-consuming project. Which process should be advised?
- A. Competitive dialogue
- B. Request for quotation
- C. Restricted tender
- D. Open tender
Correct Answer: A 🗳️
Explanation: Only visible for VCE4Plus members. You can sign-up / login (it's free).
A local government procurement team is undertaking a full review of their current internal working processes.
The team of buyers currently have a partnership-style relationship with their routine suppliers. Is this the best relationship style to use?
- A. No, as there are many suppliers available
- B. Yes, as they present a great deal of risk to the organization
- C. No, as these are critical items to the buying organization
- D. Yes, as these are low-value items
Correct Answer: A 🗳️
Explanation: Only visible for VCE4Plus members. You can sign-up / login (it's free).
Early Supplier Involvement can be described as a collaborative relationship between a buyer and a supplier to develop a new project. Handfield's model describes four different levels of supplier involvement ranging from none to 'black box' (which is when the design is primarily driven by the supplier. What other level features on this model?
- A. White Box - when there is informal integration and the buyer consults with a supplier on a design
- B. Grey Box - when the involvement is buyer driven
- C. Red Box- when the supplier provides legal advice to the buyer on areas such as copywrite
- D. Blue Box - when the buyer creates the product without input from the supplier
Correct Answer: A 🗳️
Explanation: Only visible for VCE4Plus members. You can sign-up / login (it's free).
Which of the following are considered part of the '5 Rights of Procurement'? Select THREE.
- A. quality
- B. time
- C. place
- D. focus
- E. cost
Correct Answer: A,B,C 🗳️
Explanation: Only visible for VCE4Plus members. You can sign-up / login (it's free).
A software developer is seeking to develop a new fitness trends app. They are looking to create a contract with a fitness expert to give advice on the type of changing fitness trends. What agreement should the app developer aim to achieve?
- A. Partnering relationship
- B. Quality-based relationship
- C. Traditional contracting relationship
- D. Cost-based relationship
Correct Answer: A 🗳️
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