CIPS Exam L4M3 Topic 5 Question 10 Discussion

Actual exam question for CIPS's L4M3 exam

Question #: 10
Topic #: 5

[All L4M3 Questions]

You are to do the KPIs and targets for international supplier and the following was done

1. Delivery in an hour

2. Return orders in an hour

Is that a good thing or not?

AYes, because these targets will propel the suppliers to continuous improvement

BNo, the local suppliers are always the best choice

CNo, because the KPIs are not a realistic and justified

DYes, the higher the targets are, the better the outcomes will be

Show Suggested Answer

Suggested Answer: C

KPIs and the targets for supplier should be SMART:

- Specific: What exactly do you want to achieve?

- Measurable: How will you identify that you have achieved your goal?

- Achievable: Is your goal really attainable?

- Relevant: Is it relevant to you or, in other words, does it align with where you want to be?

- Time-bound (or timely): When will you deliver your goal, and what are the key milestones?

The two KPIs (Delivery in one hour, Return orders in one hour) are not realistic and achievable for international suppliers. Therefore, you should not put such high targets for supplier.

- What Are SMART KPIs? (Spoiler: They Don't Really Exist!)

- CIPS study guide page 107-108

LO 2, AC 2.2

by Janine at Dec 24, 2022, 01:50 PM

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