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CIPS L4M8 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Procurement Process and Procedures | 25-30% | - Requirements gathering and specification - Purchase ordering and goods receipt - Contract award criteria - Supplier selection methods - Procurement cycle stages |
| Strategic Sourcing and Category Management | 20-25% | - Supplier segmentation and criticality analysis - Strategic sourcing process - Spend analysis techniques - Category segmentation |
| Supplier Relationship Management | 20-25% | - Risk management in supplier relationships - Supplier development and improvement - Supplier performance measurement (KPI, scorecards) - Supplier relationship types - Partnership and collaboration models |
| Ethical and Sustainable Procurement | 15-20% | - Environmental sustainability in procurement - Supply chain transparency - Ethical sourcing considerations - Modern slavery and fair trade - Corporate Social Responsibility (CSR) |
| Practical Application Scenarios | 15-20% | - Applying theory to real-world procurement situations - Case study analysis - Recommendation and justification skills - Problem-solving and decision-making |
CIPS Procurement and Supply in Practice Sample Questions:
1. Describe three benefits of working cross-functionally
2. Explain why you think quality should be investigated before working with potential supplier?
3. What is the retention of title clause also known as?
4. What potential costs could an organization face if it fails to conduct Due diligence effectively?
5. Which products or services should not be considered for outsourcing, according to Carter's out-sourcing matrix
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 |
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