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CIPS L4M6 Exam Questions
- Topic 1: Matrices to identify supply, supplier and purchaser positioning/ Supplier identification, assessment and selection
- Topic 2: The link between relationships as a process and the achievement of added value outcomes/ Understand the dynamics of relationships in supply chains
- Topic 3: Understand processes and procedures for successful working with stakeholders/ Identify items potentially suitable for partnership sourcing
- Topic 4: Appraise portfolio analysis techniques to assess relationships in supply chains/ Analyse the concept of partnering and where it is a suitable approach
- Topic 5: Define the standards that potential partners will be expected to meet/ Identify the competitive forces that impact on relationships in supply chains
- Topic 6: Lack of senior management support and trust/ Lack of commitment by one or both parties
- Topic 7: Positive relationships through positive contributions/ Differentiate between different types of commercial relationships in supply chains
- Topic 8: Analyse the purpose of organisational procedures and processes in sourcing goods and/or services/ The link between organisations in supply networks
- Topic 9: Compare team management techniques to ensure positive stakeholder relationships/ Identify the processes for terminating stakeholder relationships
- Topic 10: Compare the practical considerations of stakeholder management/ Compare the sources of added value that can be achieved through supply chain relationships
Free CIPS L4M6 Exam Actual Questions
Note: Premium Questions for L4M6 were last updated On Nov. 20, 2024 (see below)
Jenny is a procurement manager who works in the public sector. She has been charged with organising a tender to source new Xray machines for a hospital and to ensure that they receive 'value for money'. Which of the following should Jenny consider when drafting her ITT?
Jenny should consider whole life costing. Ensuring value for money means considering a combination of price and quality throughout the lifetime of the product. See p.65 for more on 'Achieving Value for Money'
A 'synergy' within a partnership can lead to what?
The correct answer is 'greater creativity'. A synergy is the concept that the value and performance of two companies combined will be greater than the sum of the separate individual parts. P.160
Robbie is a procurement manager at a public sector organisation. He is running a tender which is worth 2m and so will advertise this on OJEU. His manager has reminded Robbie to include CPV codes on the tender. What purpose would this serve?
CPV codes help suppliers find opportunities they can bid for. CPV codes are a numerical classification for products e.g. Strawberry Jam is 15332296 and when they are included on a Tender, any supplier who is registered with that same CPV code will get a notification that the tender is live. CPV codes are discussed on p.72 but not in much detail- so don't worry if you don't know much about them. So long as you know the above, you'll be fine.
Debbie is a procurement manager at a small manufacturer company. She had a contract in place with a company that provides uniforms, but finds that she doesn't need to order much from them as the staff re-wear the same clothes to work. The contract has now expired. Should Debbie do a Competitive Tender to source a new contract?
The correct answer is 'no-the contract is not of significant value'. CIPS state that competitive tenders should only be used when 'the item or service is of significant value' p.73. Debbie could continue using the same supplier, but she should organise a contract extension or a new contract if she does.
Danny is procuring a new IT software, which he doesn't know much about. He has done a bit of research on the internet but is still unsure how much he can expect to pay. What should be Danny's next step?
Danny should issue a RFI (Request for Information). His next step would be to find out more about the products available by asking suppliers for information- this will help him put a spec together before he goes out to tender. The other options mean; RFQ - request for quotation- when you ask suppliers to submit a price. ITT- Invitation to tender -- a document you send out to suppliers which details all the information about the tender (this usually involves both price and quality components of assessment). OJEU- Official Journal of the European Union- where tenders for the Public Sector are published. For more info on RFI see p.74
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