HIGH-QUALITY L4M6 FREE TEST QUESTIONS SUPPLY YOU AUTHORIZED QUESTIONS FOR L4M6: CIPS SUPPLIER RELATIONSHIPS TO PREPARE CASUALLY

High-quality L4M6 Free Test Questions Supply you Authorized Questions for L4M6: CIPS Supplier Relationships to Prepare casually

High-quality L4M6 Free Test Questions Supply you Authorized Questions for L4M6: CIPS Supplier Relationships to Prepare casually

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Tags: L4M6 Free Test Questions, L4M6 Questions, Reliable L4M6 Test Experience, Dump L4M6 Torrent, L4M6 Valid Examcollection

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CIPS L4M6 certification exam is an advanced level certification exam that focuses on the key concepts and principles of supplier relationships. L4M6 exam is designed for procurement professionals who want to enhance their skills and knowledge in managing supplier relationships effectively. L4M6 Exam covers a wide range of topics related to supplier management, including contract management, supplier performance management, and supplier risk management.

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CIPS Supplier Relationships Sample Questions (Q173-Q178):

NEW QUESTION # 173
Robbie is a procurement manager at a public sector organisation. He is running a tender which is worth £2m and so will advertise this on OJEU. His manager has reminded Robbie to include CPV codes on the tender. What purpose would this serve?

  • A. To ensure only qualified suppliers bid for the tender
  • B. To ensure suppliers can find the opportunity
  • C. To ensure suppliers know the deadline for tender submission
  • D. To ensure more suppliers bid for the tender

Answer: B

Explanation:
CPV codes help suppliers find opportunities they can bid for. CPV codes are a numerical classification for products e.g. Strawberry Jam is 15332296 and when they are included on a Tender, any supplier who is registered with that same CPV code will get a notification that the tender is live. CPV codes are discussed on p.72 but not in much detail- so don't worry if you don't know much about them. So long as you know the above, you'll be fine.


NEW QUESTION # 174
A partnership was created between a company and one of its local suppliers when the managing directors of each company met and thought partnering could be a good idea. No other departments were included in the discussions. The partnership has been in place for over a year, but neither of the companies has achieved any additional benefits. The company has been unable to offer any increased business to the supplier, and the supplier has been unable to improve on the quality of its products. The partnership is going to be terminated.
What is a possible main reason for the failure of the partnership?

  • A. Market changes
  • B. Poor planning
  • C. Distance barrier
  • D. Cultural differences

Answer: B

Explanation:
Partnerships require careful planning, including alignment of goals, stakeholder involvement, and clear expectations. Poor planning leads to unmet objectives and lack of value generation, as highlighted by CIPS.


NEW QUESTION # 175
Which of the following would you use to qualify new suppliers? Select THREE.

  • A. competency
  • B. coordination
  • C. culture
  • D. cash
  • E. cooperation

Answer: A,C,D

Explanation:
This is based on a real exam question- it's looking to see if you can remember Carter's 10 Cs. These are; cash, cost, consistency, culture, clean, communication, competency, capacity, commitment and control. (p.12 in the text book)


NEW QUESTION # 176
A local government procurement team is undertaking a full review of their current internal working processes.
The team of buyers currently have a partnership-style relationship with their routine suppliers. Is this the best relationship style to use?

  • A. Yes, as these are low-value items
  • B. No, as these are critical items to the buying organization
  • C. No, as there are many suppliers available
  • D. Yes, as they present a great deal of risk to the organization

Answer: C

Explanation:
Routine suppliers typically supply low-value, low-risk items. Maintaining partnerships in such cases is inefficient since alternative suppliers are readily available. Adopting a transactional or adversarial relationship would be more appropriate.


NEW QUESTION # 177
A doctor's surgery requires a complex database system to manage all of its patients data, which is highly sensitive. The system also needs to link to other departments of the health service such as physiotherapy and intensive care. The Manager of the surgery is considering outsourcing the management of the database to an IT company. What is the Manager's main motivation for doing this?

  • A. The supplier is an expert in their field
  • B. This will result in cost-savings
  • C. This will free-up internal resources
  • D. This will result in economies of scale

Answer: A

Explanation:
The reason for outsourcing in this example is that the IT firm is an expert in their field. The requirement is complex and important and this is the reason why it is not being delivered in-house. The other answers given CAN be reasons for out-sourcing, but don't relate to this example. For a full list of reasons a company could use outsourcing see p. 4-5


NEW QUESTION # 178
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