Free CIPS L4M6 Exam Questions
Try our Free Demo Practice Tests for Comprehensive L4M6 Exam Preparation
-
CIPS L4M6 Exam Questions
-
Provided By: CIPS
- Exam: Supplier Relationships
- Certification: CIPS Certification
-
Total Questions: 383
-
Updated On: Nov 14, 2024
-
Rated: 4.9 |
-
Online Users: 766
-
Question 1
-
Which of the following are Intellectual Property Rights that you would you encounter in procurement and supply contracts? Select THREE.
Answer: A,C,D
-
-
Question 2
-
RC Inc produces high-quality caravans in Europe that have various kinds of equipment for electricity, gas and water supply. The equipment comes from reputable brands that also serve other caravan makers. RC Inc has increased its output by 20% in three years due to strong sales demand and expects another 15% rise in the next three years. However, the financial director has raised worries about declining gross and net margins. The procurement manager has noted that the material costs for the branded electrical, gas and water equipment are going up. What should RC procurement function do first?
Answer: C
-
RC Inc produces high-quality caravans in Europe that have various kinds of equipment for electricity, gas and water supply. The equipment comes from reputable brands that also serve other caravan makers. RC Inc has increased its output by 20% in three years due to strong sales demand and expects another 15% rise in the next three years. However, the financial director has raised worries about declining gross and net margins. The procurement manager has noted that the material costs for the branded electrical, gas and water equipment are going up. What should RC procurement function do first?
-
Question 3
-
Buyer should use cost modelling for which segment of items?
Answer: B
-
Buyer should use cost modelling for which segment of items?
-
Question 4
-
A subcontractor agrees to provide cement for DOA Ltd, a main contractor building several Olympics facilities. However, the subcontractor does not cooperate. They ignore DOA’s requests for supply or deliver inadequate and low-quality cement. Finally, DOA ends the contract. What is the reason for the failure of the above relationship?
Answer: C
-
A subcontractor agrees to provide cement for DOA Ltd, a main contractor building several Olympics facilities. However, the subcontractor does not cooperate. They ignore DOA’s requests for supply or deliver inadequate and low-quality cement. Finally, DOA ends the contract. What is the reason for the failure of the above relationship?
-
Question 5
-
Delivery lead time has been becoming a headache for procurement team at Hanan Ltd. While its customer is demanding on high product availability, the suppliers have difficulties in meeting the lead time target. How can procurement team shorten the lead time?
Answer: A
-
Delivery lead time has been becoming a headache for procurement team at Hanan Ltd. While its customer is demanding on high product availability, the suppliers have difficulties in meeting the lead time target. How can procurement team shorten the lead time?