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CIPS L4M4 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Understand key processes to analyse potential external suppliers25%- Supplier appraisal and evaluation
  • 1. Technical and operational capability
    • 2. Quality and performance standards
      • 3. Financial stability and risk assessment
        - Market analysis and intelligence
        • 1. Collecting and interpreting market data
          • 2. Supplier capacity and capability assessment
            Topic 2: Understand compliance issues when sourcing from suppliers25%- Organisational policies and procedures
            • 1. Code of ethics and professional conduct
              • 2. Governance and accountability frameworks
                - Legislative and regulatory requirements
                • 1. Labour laws, human rights and anti-corruption
                  • 2. Environmental regulations and sustainability
                    • 3. Ethical standards and codes of conduct
                      Topic 3: Understand ethical and responsible sourcing principles and practices25%- Ethical frameworks and concepts
                      • 1. Conflict of interest and transparency
                        • 2. CIPS Code of Ethics
                          • 3. Fairness, integrity and accountability
                            - Sustainable and responsible sourcing
                            • 1. Audit, monitoring and improvement
                              • 2. Supplier development and collaboration
                                • 3. Social, environmental and economic impact
                                  Topic 4: Understand options for sourcing requirements from suppliers25%- Sourcing approaches and strategies
                                  • 1. Single, multiple and sole sourcing
                                    • 2. Insourcing, outsourcing and offshoring
                                      • 3. Domestic vs international sourcing
                                        - Tendering and selection processes
                                        • 1. Award criteria and evaluation methods
                                          • 2. Open, restricted and negotiated procedures

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                                            CIPS Ethical and Responsible Sourcing Sample Questions (Q284-Q289):

                                            NEW QUESTION # 284
                                            Which of the following would you expect to find in an Invitation to Tender? Select THREE

                                            Answer: B,E

                                            Explanation:
                                            An ITT would include details on the awarding body (usually a brief overview of the buyer), the deadline (bids must be received by a certain date) and qualifications required (such as ISO requirements or competency certificates of staff members if it's a service contract). You wouldn'tfind pricing schedules in an ITT (this would be provided by the supplier in response to the ITT), nor would you find risk assessments (a supplier might be asked to provide one as part of the quality assessment of the tender though).
                                            Invitation To Tender Simply Explained I Thornton & Lowe (thorntonandlowe.com)


                                            NEW QUESTION # 285
                                            Which of the following can be undertaken by the buyer in relation to the governance of a supplier's ethical and sustainable behaviours?
                                            * Review the insurance clauses in the contract
                                            * Check that the supplier's internal policies are up to date
                                            * Check the supplier's conflict of interest register for their contract
                                            * Review the non-disclosure agreement for their contract

                                            Answer: B

                                            Explanation:
                                            Regularly checking supplier policies and conflict of interest registers helps ensure that suppliers are upholding ethical standards, which supports responsible sourcing practices. This governance activity aligns with ethical guidelines to promote transparency and prevent conflicts that could affect the integrity of the supply chain.


                                            NEW QUESTION # 286
                                            In which type of market would you be most likely to find a 'perfect competition'?

                                            Answer: B

                                            Explanation:
                                            An oligopoly. Perfect competition is a situation in a marketplace where there is plenty of competition. A monopoly or monopolistic competition would have 'imperfect competition'


                                            NEW QUESTION # 287
                                            In which type of sourcing arrangement would the development of astrategic alliancebe the most appropriate?

                                            Answer: D

                                            Explanation:
                                            Astrategic allianceis most appropriate in asingle sourcingarrangement where the buyer relies on one supplier for a significant proportion of supply. Single sourcing encourages long-term collaboration, trust, joint investment, innovation, and shared risk management. Strategic alliances are not suitable for competitive or multiple sourcing, where maintaining competition and switching flexibility is the priority. Internal sourcing does not involve an external supplier relationship. Ethical and responsible sourcing promotes strategic alliances where long-term value, sustainability, quality improvement, and supply continuity are critical to organisational success.
                                            Reference:CIPS L4M4 Ethical & Responsible Sourcing Study Guide (v2) - sourcing strategies; single sourcing and supplier relationships.


                                            NEW QUESTION # 288
                                            A Request for Quotation asks a supplier to submit a price only, with no other details provided. Is this TRUE?

                                            Answer: B

                                            Explanation:
                                            Request for Quotations can include more details than just prices. They can include specs and technical drawings and samples. It's like saying 'we can give you this price with these conditions'.
                                            The other no answer is wrong because RfQ don't always include samples. A sample wouldn't be possible for a quote for an IT consultancy piece of work.


                                            NEW QUESTION # 289
                                            ......

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