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CIPS L4M4 Exam Syllabus Topics:

Section	Weight	Objectives
Topic 1: Understand key processes to analyse potential external suppliers	25%	- Market analysis and intelligence 1. Collecting and interpreting market data 2. Supplier capacity and capability assessment - Supplier appraisal and evaluation 1. Financial stability and risk assessment 2. Quality and performance standards 3. Technical and operational capability
Topic 2: Understand options for sourcing requirements from suppliers	25%	- Tendering and selection processes 1. Open, restricted and negotiated procedures 2. Award criteria and evaluation methods - Sourcing approaches and strategies 1. Single, multiple and sole sourcing 2. Insourcing, outsourcing and offshoring 3. Domestic vs international sourcing
Topic 3: Understand compliance issues when sourcing from suppliers	25%	- Organisational policies and procedures 1. Governance and accountability frameworks 2. Code of ethics and professional conduct - Legislative and regulatory requirements 1. Labour laws, human rights and anti-corruption 2. Ethical standards and codes of conduct 3. Environmental regulations and sustainability
Topic 4: Understand ethical and responsible sourcing principles and practices	25%	- Sustainable and responsible sourcing 1. Audit, monitoring and improvement 2. Social, environmental and economic impact 3. Supplier development and collaboration - Ethical frameworks and concepts 1. Conflict of interest and transparency 2. CIPS Code of Ethics 3. Fairness, integrity and accountability

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CIPS Ethical and Responsible Sourcing Sample Questions (Q160-Q165):

NEW QUESTION # 160
Why is it important to consider factors such as environmental, social, governance, and ethics (ESG) when analysing tenders?
* To ensure adherence to sustainability initiatives
* To improve process workflow
* To perform supplier spend and monitoring
* To identify potential risks within the supply chain

A. 1 and 2 only
B. 3 and 4 only
C. 2 and 3 only
D. 1 and 4 only

Answer: D

Explanation:
Including ESG criteria in tender analysis helps ensure suppliers align with the buyer's sustainability initiatives (1) and helps identify risks within the supply chain (4), such as unethical labour practices or environmental harm. Improving workflow (2) and spend monitoring (3) are operational concerns but not ESG drivers.
Responsible sourcing requires procurement professionals to integrate ESG into decision-making, ensuring not only cost-efficiency but also ethical compliance, resilience, and long-term value. This reflects the growing importance of corporate social responsibility (CSR) and stakeholder expectations.
Reference: CIPS L4M4 Study Guide (v2), LO: "Concepts" - ESG in sourcing decisions.

NEW QUESTION # 161
There has been a notable growth in international sourcing in the recent years, despite the many challenges involved. Buyers are therefore expected to develop their skills in this specialised area of sourcing. Which of the following factors may have contributed to this steady increase in international sourcing?

A. Different time zones and cultural norms in various markets
B. Exchange rate fluctuations and foreign exchange issues
C. The existence of trading blocs and a reduction in trade barriers
D. National legal frameworks and their interpretation

Answer: C

Explanation:
The growth in international sourcing has been significantly supported by theexistence of trading blocs and the reduction of trade barriers, such as tariffs and quotas. Trading blocs encourage cross-border trade by simplifying regulations, reducing duties, and improving market access between member countries. Exchange rate fluctuations, cultural differences, and varying legal frameworks representchallenges, not drivers, of international sourcing. Ethical and responsible sourcing requires procurement professionals to understand how global trade agreements and reduced barriers create opportunities for cost savings, supplier diversification, and access to global expertise, while still managing associated risks.
Reference:CIPS L4M4 Ethical & Responsible Sourcing Study Guide (v2) - international sourcing drivers; trade blocs and globalisation.

NEW QUESTION # 162
Which award criteria can be applied when sourcing requirements from external suppliers?

A. Understanding of supplier operations
B. Delivery promises of goods
C. Price and total life-cycle costs
D. Plans and manpower numbers

Answer: C

Explanation:
Responsible award decisions should consider price and total life-cycle cost (TCO) to capture acquisition, operation, maintenance, and end-of-life costs, aligning with sustainability. Other items may inform due diligence but are not, by themselves, robust award criteria without being translated into measurable value and risk outcomes.
Reference: CIPS L4M4 Study Guide (v2): LO "Implementation" - evaluation and award; TCO and sustainability in criteria setting.

NEW QUESTION # 163
A buyer is only interested in working with suppliers who have strong Environmental and Social Governance practices. It is therefore using ethical criteria as supplier selection stage to determine which suppliers to work with. Which of the following statements is true?

A. ethical behaviour is impossible to determine as issues such as Modern Slavery often go undetected
B. the buyer should ask suppliers to be accredited to ISO9001
a supplier who follows the CIPS Code of Conduct is more likely to meet the buyer's needs
C. compliance with Codes of Conduct from professional bodies is mandatory

Answer: B

Explanation:
A supplier who follows the CIPS Code of Conduct is more likely to meet the buyer's needs is the correct answer.
The other options are wrong:
1) Compliance with Codes of Conduct from professional bodies is optional. E.g. CIPS - no organi-sation is forced to comply with CIPS.
2) Unethical behaviour is not impossible to detect, it may be difficult but with correct due diligence and things like audits it's completely possible
3) ISO 14001 is quality management so is irelevent.

NEW QUESTION # 164
Luke has sent out a Request for Information to test the waters of the supply market for a new product he is sourcing. He has received a high number of detailed documents back from suppliers. Which of the following is Luke now likely to know about the marketplace? Select THREE

A. samples of the product
B. amount of product competition
C. acceptable lead times
D. expected changes in the marketplace
E. exact costs of the item he's procuring

Answer: B,C,D

Explanation:
The correct answers are; lead times, product competition and changes in the marketplace.
You wouldn't expect to receive samples or costings from a Request for Information - rather, these should be expected as part of the Tender Competition

NEW QUESTION # 165
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