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CIPS L4M8 Exam Syllabus Topics:

CIPS Procurement and Supply in Practice Sample Questions:

1. Describe three ways that hidden cost could present themselves within the logistics operation

2. Which Incoterm applies here?
The supplier is responsible for delivering the goods to a carrier or to an intermediate agreed place and should ensure that the goods have at least minimal insurance cover until this point. Again, the buyer is responsible for ensuring these goods reach their named destination from here.

A) CPT - Carriage Paid To
B) EXW - Ex Works
C) CIP - Carriage and Insurance Paid to
D) FCA - Free Career

3. Create a list of tangible, intangible, direct and indirect needs within an organization with which you are familiar.

4. What are the four quadrants within the Kraljic portfolio matrix?

5. Which sector most frequently uses invitation to tender?

Solutions: