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CIPS Exam L4M4 Topic 1 Question 28 Discussion

Actual exam question for CIPS's L4M4 exam
Question #: 28
Topic #: 1
[All L4M4 Questions]

When working closely with a supplier, waste can be reduced which can lead to improved business functions and cost savings. Which of the following are wastes that can be removed from the supply chain? Select THREE.

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Suggested Answer: D

This is a facilitation payment. It's when a sum of money is given for 'helping to facilitate' a contract. E.g. a procurement manager may accept a facilitation payment from a supplier for selecting him to be a new supplier for a big contract.

In the UK this is definitely considered a bribe. It's also against the CIPS Code of Conflict


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Layla
2 days ago
I think the wastes that can be removed are Over-analyzing, Waiting, and Inventory.
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