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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:
Which of the following are possible drivers for partnership sourcing? Select THREE.
- A. The need to improve performance to satisfy the end customerTo increase production costs and lead- times
- B. The protection of intellectual property rights
- C. Working together will create synergies
- D. The marketplace has become more volatile
Correct Answer: A,C,D 🗳️
Explanation: Only visible for VCE4Dumps members. You can sign-up / login (it's free).
At what stage of the relationship cycle could you use Carter's 10 Cs?
- A. on-boarding
- B. qualification
- C. segmentation and risk management
- D. development and innovation
Correct Answer: B 🗳️
Explanation: Only visible for VCE4Dumps members. You can sign-up / login (it's free).
According to the STEEPLED analysis framework, what considerations are likely to be evaluated under the 'political' factor?
* Consumerism in the supply chains
* Grants and subsidies to the supply chains
* Civil unrest and war in the supply chains
* Wage rates in the supply chains
- A. 1 and 4 only
- B. 2 and 3 only
- C. 1 and 2 only
- D. 3 and 4 only
Correct Answer: B 🗳️
A supplier is working with a buyer who represents a large percentage of his business. Without this particular buyer, the supplier would likely go out of business. There has been a dispute in the last invoice which the buyer is not happy about. What technique should the supplier use when talking to the buyer about this?
- A. Avoiding- the supplier should avoid talking with the buyer as this may result in conflict
- B. Accepting - the supplier should accept that conflict should sometimes occur in buyer: supplier relationships and work hard to avoid them
- C. Accommodating- the supplier should show a large degree of co-cooperativeness as the buyer is important to their survival
- D. Competing- the supplier needs to earn more money as they are struggling financially
Correct Answer: C 🗳️
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One of the fist stages of designing a Partnership is to come up with joint KPIs. These should be:
- A. Significant, measurable and achievable
- B. Measurable, achievable and time-bound
- C. Time bound, difficult and relevant
- D. Relatable, specific and measurable
Correct Answer: B 🗳️
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