CIPS L4M8 : Procurement and Supply in Practice

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CIPS L4M8 Exam Syllabus Topics:

CIPS Procurement and Supply in Practice Sample Questions:

1. Explain how procurement should decide whether to make or buy a product or service.

2. Describe three ways in which a buyer could or test the market in other to assist with determining a need.

3. What are the four quadrants in the Mendelow stakeholder matrix?

4. Describe the seven stages of the Tender Process and explain the reasons why the stages must be followed.

5. Describe three types of fraud that could occur within the supply chain of an organization with which you are familiar.

Solutions: