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| Certification Vendor: | CIPS (Chartered Institute of Procurement & Supply) |
|---|---|
| Exam Name: | Supplier Relationships |
| Exam Number: | L4M6 |
| Passing Score: | Approximately 50% (CIPS does not always publish a fixed numeric pass mark) |
| Exam Format: | Scenario-based questions, Multiple Choice Questions (MCQ), Objective Response Exam |
| Exam Price: | Varies by region (typically ~£80–£120 per module exam fee range in UK centres) |
| Certificate Validity Period: | 5 years (CIPS qualification validity / CPD requirement dependent) |
| Exam Duration: | 90 minutes |
| Real Exam Qty: | 60 (Objective Response MCQ) |
| Available Languages: | English |
| Related Certifications: | CIPS Level 4 Diploma in Procurement and Supply |
| Recommended Training: | CIPS Study Hub Approved CIPS Training Providers (search portal) |
| Exam Registration: | CIPS Official Qualifications Page |
| Sample Questions: | CIPS L4M6 Sample Questions |
| Exam Way: | Computer-based exam at authorised test centres or remote online proctored exam (depending on CIPS provider availability) |
| Pre Condition: | No formal prerequisite exams required, but Level 3 Diploma knowledge or equivalent procurement experience is recommended by CIPS. |
| Official Syllabus URL: | https://www.cips.org/qualifications/diplomas/diploma-in-procurement-and-supply/ |
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To take the CIPS L4M6 certification exam, candidates must have completed the CIPS Level 4 Diploma in Procurement and Supply or an equivalent qualification. L4M6 exam is delivered in a computer-based format, and candidates have two hours to complete it. L4M6 exam consists of 60 multiple-choice questions, and a pass mark of 70% is required to obtain the certification.
One of the key benefits of passing the CIPS L4M6 exam is that it demonstrates a high level of expertise in the area of supplier relationships. This is an essential skill for anyone working in procurement or supply chain management, as suppliers play a critical role in ensuring the success of a business. By passing L4M6 Exam, professionals can show that they have the knowledge and skills needed to manage suppliers effectively and help their organization achieve its goals.
NEW QUESTION # 69
Which of the following characteristics would appear in the Supplier Preferencing Model when a buyer has a high spend with a supplier? Select TWO that apply.
Answer: A,B
Explanation:
In the Supplier Preferencing Model:
* Core: A buyer with high spend and high attractiveness is viewed as critical by the supplier, encouraging strategic collaboration.
* Exploitable: Where buyer spend is high but power is lower, suppliers may exploit the situation by raising prices or setting unfavorable terms.
These are the two scenarios associated with high spend buyers.
NEW QUESTION # 70
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?
Answer: A
Explanation:
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 arediscussed 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.
NEW QUESTION # 71
Which stage of team development is usual at the outset of working with stakeholders?
Answer: B
Explanation:
In Tuckman's model of team development, the Forming stage occurs at the outset. Team members meet, roles are unclear, and there is little conflict. Stakeholder teams will be in this stage initially before moving into storming (conflict), norming (agreement), and performing (high productivity).
NEW QUESTION # 72
In a partnership who is responsible for decision making?
Answer: A
Explanation:
The correct answer is both the supplier and the buyer- joint decision making is a key aspect of partnership relationships. A project steering committee decides on priorities, suggests improvements, conducts audits etc. See p.152
NEW QUESTION # 73
Tim manages the procurement department at a large retailer. He wants to ensure that his team are achieving value for money in their procurement activities. Which of the following should Tim set up?
Answer: C
Explanation:
Tim should do an audit. P.71 of the textbook says "to ensure that a procurement department is achieving value for money, an audit should be undertaken"
NEW QUESTION # 74
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