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| Certification Vendor: | CIPS |
|---|---|
| Exam Name: | Procurement and Supply in Practice |
| Exam Number: | L4M8 |
| Available Languages: | English |
| Exam Format: | Multiple choice questions, Objective test, Computer-based exam |
| Exam Duration: | 120 minutes |
| Certificate Validity Period: | No expiry (qualification does not expire once awarded) |
| Related Certifications: | CIPS Level 4 Diploma in Procurement and Supply |
| Recommended Training: | CIPS Study Resources CIPS Official Learning |
| Exam Registration: | CIPS Qualifications Page Pearson VUE CIPS Exams |
| Sample Questions: | CIPS L4M8 Sample Questions |
| Exam Way: | Computer-based exam delivered via Pearson VUE test centres or authorised CIPS assessment centres (some regions may offer remote proctoring) |
| Pre Condition: | No formal prerequisite; CIPS Level 3 Diploma (or equivalent experience) is recommended |
| Official Syllabus URL: | https://www.cips.org/qualifications/diploma-level-4-procurement-and-supply/ |
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CIPS L4M8（實踐中的採購和供應）考試是一個全球認可的認證計劃，為個人在採購和供應鏈管理方面的成功職業生涯做好準備。該計劃專為希望增強其實際採購和供應鏈活動的知識和理解的專業人士而設計。該計劃要求個人通過完成模擬真實世界採購情境的任務來展示其實踐技能和知識。
CIPS L4M8 考試適合想要增強自己在採購和供應領域的技能和知識的採購和供應專業人士。對於那些希望在採購和供應鏈管理行業中晉升到更高級別的角色的人來說，這也是理想的考試。該考試涵蓋了廣泛的主題，包括採購流程、合同管理和供應商績效管理。它還探討了採購和供應的法律和道德考慮因素，這使得它成為想要在這個領域工作的專業人士的必要資格。
問題 #78
What are the four quadrants in the Mendelow stakeholder matrix?
答案：
解題說明：
See the answer in explanation.
Explanation:
Stakeholder are individuals or organizations that can be affected directly or indirectly by any project or decision. For successful procurement activities to take place, stakeholders must be identified, engaged and managed. Not all stakeholders require the same level of engagement and management. To appropriately manage identified stakeholders, the Mendelow management matrix has categorized stakeholders in four quadrants, according to how low or high their power and interest in the project could be. The four categories are:
1) Minimum effort (low power-Low interest)
2) Keep satisfied (high power-Low interest)
3) Keep informed (Low power - high interest)
4) Manage closely (High power- High interest)
問題 #79
When should whole life asset management be applied?
答案：
解題說明：
See the answer in explanation.
Explanation:
When organization has made the decision about which option is best for sourcing the asset, it can then begin to work on the whole life asset management strategy.
Whole life asset management is the process of evaluating the total price and all associated costs of a product to make an informed decision as to which option will provide the organization with the best value for money.
This strategy is only under taken for large-value procurements because; 1) It takes considerable time (2) It involves many stakeholders and require numerous resources; If whole life asset management were conducted on every purchase it would not create value for the organization and that may tie up valuable resources.
* Refer to the question column for response
問題 #80
What advantages could there be to holding excessive inventory?
答案：
解題說明：
See the answer in explanation.
Explanation:
Holding excessive inventory can reduce the impact of extended lead time. i.e. by saving the buying organization from downtime, reputation loss, and also it can generate revenue for the organization if there is a sudden increase in demand.
問題 #81
Explain why you think quality should be investigated before working with potential supplier?
答案：
解題說明：
See the answer in explanation.
Explanation:
Quality is fitness for purpose. It is important that quality is investigated by procurement professionals before forming relationship with potential supplies.
If quality is not investigated before selecting supplier the organization might stand the risk of facing the following disadvantages; Reputational Damages Cost of Rework Cost of Downtime Cost of Material Cost of being stocked with the wrong supplier Cost of being stocked in a project that may not come to an end at the forecasted time.
How buyer can choose a supplier with a good quality culture is first by defining the quality of the product or services to be carried out .Having knowledge of the product or service quality, supplies can rightly select and evaluated supplier with total quality management (TQM) in their system, ISO 9001 accreditation. TQM includes everyone in the organization with knowledge on the required quality; there would be little or no rejection/reworks. Thus is an added value to the organization.
問題 #82
Write all of factors that contribute towards value for a product that you regularly purchase.
答案：
解題說明：
Factors that contribute towards value for clothe gum in a fashion firm;
1) How much money does the gum cost?
2) How much is the benefits of using the clothe gum?
3) Does customers prefer clothe gum at the bottom of their garment?
4) Is the clothe gum difficult to use?
5) Does the clothe gum beautifies the fabric when placed properly?
6) Does it give a better finishing?
7) Is it ethical to use?
8) Is it from a sustainable source?
9) is it environmental friendly?
10) Does using clothe gum suggest innovation in fashion?
問題 #83
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