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CIPS L4M8 Exam Syllabus Topics:

SectionWeightObjectives
Whole Life Asset & Cost Management25%- Total cost of ownership concept
  • 1. Cross-functional collaboration and data use
    • 2. Hidden costs and supply chain risks
      • 3. Legal, environmental and waste management obligations
        • 4. Purchase, operation, maintenance and disposal costs
          Sourcing Process & Supplier Management25%- Stages of strategic sourcing
          • 1. Supplier evaluation, selection and award
            • 2. Stakeholder engagement and communication
              • 3. Supplier performance monitoring and development
                • 4. Creation of contract terms and specifications
                  Ethics, Responsibility & Compliance25%- Ethical and responsible sourcing application
                  • 1. CIPS Code of Conduct and professional standards
                    • 2. Regulatory compliance and ethical governance
                      • 3. Anti-bribery, corruption and human rights protection
                        • 4. Sustainability and ESG integration
                          Application of Procurement Cycle25%- Key stages of procurement cycle in practice
                          • 1. Defining business needs and requirements
                            • 2. Tendering and selection processes
                              • 3. Market analysis and supplier research
                                • 4. Contract formation and management

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                                  CIPS Procurement and Supply in Practice Sample Questions (Q77-Q82):

                                  NEW QUESTION # 77
                                  What Incoterm applies here?
                                  The goods are considered 'delivered' at the point of release from the supplier's premises or another name place. The supplier is not responsible for loading or transporting the goods and does not have to arrange export clearance - this must be arranged by the buyer. The risk is on the buyer from this point.
                                  a) EXW - Ex Works
                                  b) FCA - Free Career
                                  c) CPT - Carriage Paid To
                                  d) CIP - Carriage and Insurance Paid to

                                  Answer: C


                                  NEW QUESTION # 78
                                  Which theory relates to the 3Ps

                                  Answer:

                                  Explanation:
                                  See the answer in explanation.
                                  Explanation:
                                  Trying to measure how sustainable an organization was use to be challenging undertaking. However, during the 1990s, a concept brought up by American John Elkington change the way sustainability was measured.
                                  This framework is known as the triple bottom line (TBL) and measures sustainability in relation to organizational performance and investment against the 3Ps (1) Profits (2) People (3) Planet. For example; Profit: A packaging manufacturer reinventing its profits in a State- of-the-art recycling machinery for it wasted cardboard.
                                  People: A large privately owned call centre donate its end of life computers to a local youth clubs and social groups to help gain internet cases.


                                  NEW QUESTION # 79
                                  What happens in the public sector, regarding providing feedback?

                                  Answer:

                                  Explanation:
                                  A sector is an area of an industry, e.g., private, public or third sector.
                                  A public sector is a sector of the economy that is owned, finance and run by the government. This sector is financed with tax payer's money. And therefore owe the general public an ethical explanation towards all investment and decision.
                                  Once the supplier that is awarded the contract has accepted, the buyer can tell the unsuccessful bidders. This usually happens through email or letter. The public sector is more likely to give feedback to unsuccessful bidders and also have to respond to any stakeholders that request information on why a supplier is not successful.
                                  * Refer to the question column for response


                                  NEW QUESTION # 80
                                  Explain why it is deemed better to use Sea freight rather than air.

                                  Answer:

                                  Explanation:
                                  See the answer in explanation.
                                  Explanation:
                                  It would be rare to find a supplier who does not emit any form of pollution. However, part of ethical and responsible sourcing is to make effort to reduce impact of population on the planets. Pollution can be factory emission, Noise, smell, Transportation De-velopment, waste disposal. Transportation is a major cause of pollution. The carbon dioxide emitted from vehicles contributes greatly to air contamination. Yet it is better to use sea freight rather than air because it has a smaller impact on the environment.


                                  NEW QUESTION # 81
                                  Which Incoterm applies here?
                                  The supplier is responsible for delivering the goods to the buyer's premises, bearing all risk up until this point.

                                  Answer: D


                                  NEW QUESTION # 82
                                  ......

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