從Google Drive中免費下載最新的PDFExamDumps L4M8 PDF版考試題庫：https://drive.google.com/open?id=1W1EwZ6di8pJA7c4QxE0HFCOLi3aqU9U0
作為IT業界的頂級公司，CIPS 通過其認證確定了產品專家的標準，可以說 CIPS 在業界的聲望和 CIPS 產品的市場佔有率提升了其認證工程師的含金量，一個 CIPS 認證工程師獲取在優秀企業工作的機會比普通工程師大60％－80％，平均薪水高出30％-50％。世界500強企業中，有超過2/3的企業選擇了CIPS電子商務軟體產品作為其核心的運用。因此，獲得L4M8 的證照，即使在強手林立的競爭環境中，你同樣能夠脫穎而出。
| Section | Weight | Objectives |
|---|---|---|
| Ethics, Responsibility & Compliance | 25% | - Ethical and responsible sourcing application
|
| Whole Life Asset & Cost Management | 25% | - Total cost of ownership concept
|
| Sourcing Process & Supplier Management | 25% | - Stages of strategic sourcing
|
| Application of Procurement Cycle | 25% | - Key stages of procurement cycle in practice
|
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問題 #68
Why is it important to have adequate procedures in place within an organization in relation to bribery?
答案：
解題說明：
See the answer in explanation.
Explanation:
Bribery is the act of giving someone something of value to persuade them to do something that benefits you.
Ethical and responsible sourcing requires conducting due diligence on bribery before going into contractual relationship because failure to this might lead to loss in reputation.
In other for an organization to defend itself against a case of suspected bribery, the United Kingdom bribery Act introduced in 2010 suggests that organizations should have adequate procedures' in place.
The following are six procedures an organization should have in place to be able to defend itself against bribery
1) Proportionate procedure
2) Top level commitment
3) risk assessment
4) due diligence
5) communication
6) monitoring and reviewing
問題 #69
Describe two negative factors associated with ordering excess inventory.
答案：
解題說明：
See the answer in explanation.
Explanation:
In the decision to not run out of supplies, organizations can anticipate a peak were by it products will be in a high demand or a period of scarcity of raw materials and may want to increase the in-ventory. However, if this forecast is not accurate, it may lead the organization to holding excess inventory. This can expose the organization to some negative factors.
Acquisition Cost: The organization will incur an acquisition cost for the excess inventory which is inclusive of the cost of placing the order and the cost of purchasing the goods.
Holding Cost: The organization will spend more money holding the stock, trying to keep it in good condition by providing the required light, temperature, skilled handlers and so on.
Working Capital not adding value: This will off shoot the holding cost. Also valuable working capital in excess stock which in the time not adding value, can affect the liquidity of the business. This is also an opportunity cost and increase solvency.
* Refer to the question column for response
問題 #70
What two areas of an organization do the Kraljic Portfolio matrix uses to establish the category of a product or service?
答案：
解題說明：
See the answer in explanation.
Explanation:
The Kraljic Portfolio Matrix shows where a product or services fits into in an organization. It is based on two areas 1) the risk of supply (Risk Impact). 2) Effect it has on profit (cost impact).
問題 #71
How can procurement professionals select suppliers?
答案：
解題說明：
During the sourcing stage of the procurement cycle, the procurement professional needs to identify and select suppliers to fulfill the business needs. Supplier selection involves evaluating suppliers against predetermine criteria to assess their suitability in working with the buying organization. Suppliers can be evaluated according to Carter's 10Cs which are as follows: (1) Competency (2) capacity (3) consistency (4) control (5) cost (6) commitment (7) cash (8) Clean (9) culture (10) communication.
Procurement professionals can decide to evaluate and select suppliers based on the overall strategy and the business objectives. After that, it most suitable suppliers receive the documentation (Invitation to tender/ request for quotation).
* Refer to the question column for response
問題 #72
Which contract term contains details of when a product or service should be delivered and ex-plained the potential loss of business?
答案：
解題說明：
See the answer in explanation.
Explanation:
Contract terms are the right and duties agreed between parties with which are then documented in contract.
Terms can be either implied or expression.
Implied terms are always present in a contract and are set by national laws; like the sales of goods act, whereas express terms are negotiated and created, for example; time is of the essence. When the procurement professional is setting key performance indicators, where which the supplier's performance will be monitored and managed, the KPI is expected to be SMART. The SMART is an acronym that is used to set KPI and specification. It means:
Specific
Measurable
Achievable
Relevant
Time bound
問題 #73
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從Google Drive中免費下載最新的PDFExamDumps L4M8 PDF版考試題庫：https://drive.google.com/open?id=1W1EwZ6di8pJA7c4QxE0HFCOLi3aqU9U0