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L4M1 practice test questions answers

CIPS L4M1 Dumps Questions Answers

Exam Code:
L4M1
Last Update: Dec 19, 2024
40 Questions Answers with Explanation Detail
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L4M1 Q&A's Detail

Exam Code:
L4M1
Total Questions:
40 Q&A's
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40 Q&A's

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CIPS L4M1 Exam Dumps FAQs

The CIPS L4M1 exam is part of the Level 4 Diploma in Procurement and Supply. It focuses on the scope and influence of procurement and supply within organizations.
The CIPS L4M1 exam is designed for procurement and supply professionals, buyers, and anyone involved in supply chain management.

The CIPS L4M1 exam focuses on a wide range of procurement fundamentals, including:

  • The role and importance of procurement within an organization.
  • Procurement and supply chain strategies.
  • Ethical procurement practices.
  • Contract formation and management.
  • Risk management in procurement.
  • Supplier relationship management.
  • Sustainability and social responsibility in procurement.
The CIPS L4M1 exam typically consists of 60 multiple-choice questions.
The CIPS L4M1 exam typically lasts for 1.5 hours (90 minutes).

Let’s explore the differences between the CIPS L4M1 and CIPS L4M4 certification exams:

  • CIPS L4M1 (Scope and Influence of Procurement and Supply): The CIPS L4M1 Exam focuses on understanding and analyzing the added value achievable through procurement and supply chain management.
  • CIPS L4M4 (Ethical and Responsible Sourcing): The CIPS L4M4 Exam explores options and processes available for sourcing with external suppliers. It emphasizes understanding sourcing requirements, supplier analysis, and sustainable procurement practices.
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Yes, Marks4sure's L4M1 dumps questions answers and L4M1 study guide are downloadable in PDF format for convenient offline access. You can study them anytime, anywhere, at your own pace.

Scope and Influence of Procurement and Supply Questions and Answers

Questions 1

Discuss the importance and role of an organisation’s branding in procurement and supply operations (25 marks)

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Questions 2

In the supplier selection part of the Procurement Cycle, what criteria can a Procurement Manager use to ensure they award to the best supplier? (25 points)

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Questions 3

Mo is the new Head of Procurement at Manufacturer X. Manufacturer X is a small organisation which creates bespoke robots for clients. Their supply chain is complex, sourcing many components from various suppliers. Mo has joined the company at a pivotal time of growth. The company wishes to expand the procurement department and formalise its policies. Discuss 5 areas that Mo should consider when drafting the department’s policies and manuals (25 points).

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