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CIPS L4M8 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Practical Application Scenarios | 15-20% | - Recommendation and justification skills - Applying theory to real-world procurement situations - Case study analysis - Problem-solving and decision-making |
| Topic 2: Ethical and Sustainable Procurement | 15-20% | - Environmental sustainability in procurement - Corporate Social Responsibility (CSR) - Modern slavery and fair trade - Ethical sourcing considerations - Supply chain transparency |
| Topic 3: Supplier Relationship Management | 20-25% | - Supplier development and improvement - Supplier relationship types - Risk management in supplier relationships - Partnership and collaboration models - Supplier performance measurement (KPI, scorecards) |
| Topic 4: Strategic Sourcing and Category Management | 20-25% | - Category segmentation - Spend analysis techniques - Supplier segmentation and criticality analysis - Strategic sourcing process |
| Topic 5: Procurement Process and Procedures | 25-30% | - Requirements gathering and specification - Purchase ordering and goods receipt - Supplier selection methods - Contract award criteria - Procurement cycle stages |
CIPS Procurement and Supply in Practice Sample Questions:
1. Justify which of the five approaches to condition performance monitoring you think is the most cost effective within whole life asset management.
2. What advantages could there be to holding excessive inventory?
3. Which products or services should not be considered for outsourcing, according to Carter's out-sourcing matrix
4. What are the eight elements of whole life asset management?
5. In relation to the case study 'Walmart and H & M in spotlight regarding human rights in media ex-plain which human rights are not being granted to the workers.
Solutions:
| Question # 1 Answer: Only visible for members | Question # 2 Answer: Only visible for members | Question # 3 Answer: Only visible for members | Question # 4 Answer: Only visible for members | Question # 5 Answer: Only visible for members |
