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CIPS L4M6 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Partnering and Collaboration | - Strategic partnerships
|
| Managing Supplier Relationships | - Supplier performance management
|
| Dynamics of Supplier Relationships | - Nature of buyer-supplier relationships
|
L4M6 Exam Details, Version Policy and Customer Perks
- Managing Supplier Relationships ()
- Dynamics of Supplier Relationships ()
- Partnering and Collaboration ()
CIPS Supplier Relationships Sample Questions:
Danny is procuring a new IT software, which he doesn't know much about. He has done a bit of research on the internet but is still unsure how much he can expect to pay. What should be Danny's next step?
- A. Issue a RFI
- B. Issue an ITT
- C. Issue an OJEU
- D. Issue a RFQ
Correct Answer: A 🗳️
Explanation: Only visible for NewPassLeader members. You can sign-up / login (it's free).
Effective cost modelling involves which of the following?
* Data gathering
* Analysis of facts
* Supplier negotiation
* Issuing a request for quotation
- A. 2 and 3 only
- B. 1 and 3 only
- C. 2 and 4 only
- D. 1 and 2 only
Correct Answer: D 🗳️
Explanation: Only visible for NewPassLeader members. You can sign-up / login (it's free).
A textile company is purchasing a new item which is low value. This item is likely never to be required again by the company and is widely available from many different suppliers. Which commercial relationship type would be most effective for the buyer to choose?
- A. Adversarial
- B. Outsourcing
- C. Partnership
- D. Closer tactical
Correct Answer: A 🗳️
Explanation: Only visible for NewPassLeader members. You can sign-up / login (it's free).
Stephen Jones is assessing the relationships he has with his supplier base. Which of the following would be drivers for Stephen to adopt a partnership relationship with a supplier?
- A. 2 and 3 only
- B. 1 and 4 only
- C. 2 and 4 only
- D. 1 and 2 only
Correct Answer: C 🗳️
Explanation: Only visible for NewPassLeader members. You can sign-up / login (it's free).
The Public Sector in the UK is unable to enter into formal partnership relationships with any supplier. Is this statement TRUE?
- A. Yes- the Public Sector is regulated by EU procurement regulations which prohibits this
- B. Yes- the Public Sector is unable to enter partnerships because they operate in a monopoly market
- C. No- the Public Sector can enter into partnership relationships when contracts are over the threshold value.
- D. No- the Public Sector can enter into partnership relationships with suppliers providing they have tendered the opportunity
Correct Answer: A 🗳️
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