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| Certification Vendor: | CIPS (Chartered Institute of Procurement & Supply) |
|---|---|
| Exam Name: | Supplier Relationships |
| Exam Number: | L4M6 |
| Exam Duration: | 90 minutes |
| Exam Format: | Objective Response Exam, Multiple Choice Questions (MCQ), Scenario-based questions |
| Real Exam Qty: | 60 (Objective Response MCQ) |
| Passing Score: | Approximately 50% (CIPS does not always publish a fixed numeric pass mark) |
| Exam Price: | Varies by region (typically ~£80–£120 per module exam fee range in UK centres) |
| Available Languages: | English |
| Certificate Validity Period: | 5 years (CIPS qualification validity / CPD requirement dependent) |
| Related Certifications: | CIPS Level 4 Diploma in Procurement and Supply |
| Recommended Training: | Approved CIPS Training Providers (search portal) CIPS Study Hub |
| 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/ |
>> Reliable L4M6 Study Notes <<
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The CIPS L4M6 Exam is structured in a way that enables candidates to demonstrate their understanding of the concepts and principles of supplier relationship management. L4M6 exam format includes multiple-choice questions, scenario-based questions, and short-answer questions. It is important that candidates have a good understanding of all the concepts covered in the exam, and are able to communicate their ideas effectively.
NEW QUESTION # 35
A low-cost fashion retailer based in Europe is looking at adding value in their procurement activities. The retailer buys clothing for re-sale with a very small profit margin applied, relying on volume salesto make profit. Which of the following added-value approaches will be the most critical for the procurement team of the retailer to focus on with their supply chain?
Answer: C
Explanation:
For low-cost, high-volume business models, maintaining profitability depends on tightly controlled procurement costs. Price management is critical for ensuring competitive pricing while safeguarding slim margins. CIPS L4M6 highlights that effective cost management and price negotiation are essential in such scenarios.
NEW QUESTION # 36
An IT company is developing and launching a new product to the market. The project requires experts from different divisions of the business. What type of team should run this project?
Answer: A
Explanation:
Across-organisational teambrings together specialists from various departments-such as R&D, marketing, finance, and production-to collaborate on complex projects. This team structure enables diverse perspectives, innovative solutions, and efficient decision-making, which are crucial when developing and launching new products. The CIPS L4M6 guide emphasizes the importance of integrated teamwork in achieving strategic outcomes in procurement and supply chain projects.
NEW QUESTION # 37
Red Manufacturing work with around 40 different suppliers. One of these suppliers is Blue Business. Red Manufacturing order regularly from Blue Business, and have never had any issues with their performance.
The materials Blue Business supply are of low value and there are several other suppliers of these materials in the market. What type of relationship should Red Manufacturing seek to have with Blue Manufacturing?
Answer: A
Explanation:
The correct answer is 'arms length'. This is a tactical purchase (as it is low value) and keeping the supplier at arms-length means that Red Manufacturing could possibly exploit them to reduce their prices (think back to the Kraljic matrix and where Blue Business would likely fall). A Partnership or Single- Source relationship requires investment into the relationship, and as the products are low value and Red Manufacturing have a lot of other suppliers, they should not be investing time in developing that relationship with Blue Business. An adversarial relationship wouldn't be advantageous as it may lower the performance of the supplier. See the relationship spectrum on p.5 - this is a hot topic for the exam
NEW QUESTION # 38
Which of the following are stages in team development? Select the THREE that apply:
Answer: B,D,E
Explanation:
CIPS refers to Tuckman's team development model, which identifies the following stages:
* Forming - team comes together
* Storming - conflict and challenge
* Norming - cooperation and cohesion
* Performing - effective performance
* Adjourning - team disbands
From the options provided:
* Norming #
* Forming #
* Adjourning #
Achieving, Presenting, and Grieving are not recognised stages in Tuckman's model.
L4M6 Reference:
* Learning Outcome 3: Understand teamworking and collaboration
* Topic: Team development and behaviour
* CIPS L4M6 Study Guide - Tuckman's team development theory
NEW QUESTION # 39
In the relationship spectrum, which of the following describes the most competitive relationship?
Answer: A
Explanation:
An adversarial relationship is highly competitive, often win:lose, focusing on cost and negotiation power rather than collaboration. It contrasts with partnerships or strategic alliances.
NEW QUESTION # 40
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