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| Section | Weight | Objectives |
|---|---|---|
| Strategic Sourcing and Category Management | 20-25% | - Spend analysis techniques - Strategic sourcing process - Supplier segmentation and criticality analysis - Category segmentation |
| Ethical and Sustainable Procurement | 15-20% | - Environmental sustainability in procurement - Corporate Social Responsibility (CSR) - Supply chain transparency - Ethical sourcing considerations - Modern slavery and fair trade |
| Supplier Relationship Management | 20-25% | - Supplier performance measurement (KPI, scorecards) - Supplier relationship types - Supplier development and improvement - Partnership and collaboration models - Risk management in supplier relationships |
| Procurement Process and Procedures | 25-30% | - Requirements gathering and specification - Purchase ordering and goods receipt - Procurement cycle stages - Supplier selection methods - Contract award criteria |
| Practical Application Scenarios | 15-20% | - Problem-solving and decision-making - Applying theory to real-world procurement situations - Case study analysis - Recommendation and justification skills |
>> L4M8 Zertifizierungsprüfung <<
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31. Frage
What effect is technology having on jobs within an organization with which you are familiar with?
Antwort:
Begründung:
See the answer in explanation.
Explanation:
Refer to the question column for response
32. Frage
Which products or services should not be considered for outsourcing, according to Carter's out-sourcing matrix
Antwort:
Begründung:
See the answer in explanation.
Explanation:
Carters outsource matrix is a useful tool that procurement professionals uses to decide which products or services has a high or low contribution to the organization operation performance and its strategic importance.
The matrix segments products/services into four quadrants. These are Eliminate, outsource, strategic alliance and retain.
According to Carters outsource matrix, all product/services that has a high strategic importance should not be outsourced. They should rather be retained in house or carefully chose suitable sup-pliers and go into strategic alliance.
33. Frage
What are the reasons that a contract can legally be terminated?
Antwort:
Begründung:
See the answer in explanation.
Explanation:
A contract is written or verbal agreement, made between two or more parties that are legally en-forceable. For a contract to be legally binding it must include intention of parties entering into the contracts. All parties must have the capacity to contract or be contracted. They must be of a sound mind, there should be a promise (offer) for performance from the other party and an exchange (consideration) of one thing for another within an agreement for contract to be binding, there must be an acceptance of the offeror's offer by the offeree.
There are many reasons contract can legally be terminated, including non-performance by one or both parties, a significant change in the requirement.
There are several reasons contract can legally be terminated, including non-performance by one or both parties; breach of material, failure to meet service level agreement, ethical breaches, a significant change in the requirement of either party caused by ethical change in the market, change in Demand, obsolescence, contract completion. The procurement professionals should get an exit strategy that should encourage a stress free disengagement should incase there are no profitable reason to continue with the contract.
* Refer to the question column for response
34. Frage
What is the retention of title clause also known as?
Antwort:
Begründung:
Retention of title (ROT) states when ownership transfers from supplier to buyer.
The retention of title terms also referred to as the Romalpa clause, which is related to a legal case from 1976 between Aluminum industries Vaassen BV and Romalpa Aluminum LTD
35. Frage
Describe a situation where amendment or an addendum would need to be created
Antwort:
Begründung:
See the answer in explanation.
Explanation:
After all the due diligence is carried out, before awarding contract to the best supplier, sometimes procurement professionals find themselves in some problem solving situation; this might have been emanated from supplier facing a financial challenge or problems from external environment. Responding to this might require an amendment or an addendum, depending on the case in hand.
An amendment is for a physical change in the existing contract for example; if a contract contains a negotiated and agreed fixed price for the period of the contract but unexpected market forces such as an economic down turn or force majeure occur, the supplier may have to request an amendment order to continue to make a profit.
An addendum is when an additional document is added to the existing contract for example, If a contract have a schedule of rates and the market forces prices up, an addendum can be added to an existing contract with a revised schedule. Once accepted, the addendum becomes part of the con-tract. Addendum are physically used when the forecasted cost of a project rises and approval is needed to increase the contract spend.
* Refer to the question column for response
36. Frage
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