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CIPS L4M8 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Ethical and Sustainable Procurement | 15-20% | - Environmental sustainability in procurement - Supply chain transparency - Ethical sourcing considerations - Corporate Social Responsibility (CSR) - Modern slavery and fair trade |
| Supplier Relationship Management | 20-25% | - Supplier performance measurement (KPI, scorecards) - Partnership and collaboration models - Risk management in supplier relationships - Supplier development and improvement - Supplier relationship types |
| Procurement Process and Procedures | 25-30% | - Purchase ordering and goods receipt - Requirements gathering and specification - Contract award criteria - Supplier selection methods - Procurement cycle stages |
| Practical Application Scenarios | 15-20% | - Applying theory to real-world procurement situations - Case study analysis - Problem-solving and decision-making - Recommendation and justification skills |
| Strategic Sourcing and Category Management | 20-25% | - Supplier segmentation and criticality analysis - Category segmentation - Strategic sourcing process - Spend analysis techniques |
CIPS Procurement and Supply in Practice Sample Questions:
1. What matrix helps to define how to manage stakeholders?
2. Which contract term contains details of when a product or service should be delivered and ex-plained the potential loss of business?
3. What is Decommissioning?
4. Create a list of assets of a company with which you're familiar and divide them into standard and bespoke categorizing.
5. When benchmarking what other factors, apart from price should be considered to find the total cost of acquisition?
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 |
