CIPS L5M6 Actual Free Exam Questions & Community Discussion
The process of designing a product with a trusted supplier in order to eliminate costs that may appear at the delivery stage is known as which cost management strategy?
Correct Answer: D
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What is a General Ledger?
Correct Answer: C
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Which of the following industries is the only one that does not have a specific SIC code?
Correct Answer: C
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ABC Ltd wishes to ensure compliance across its supply chain.
Which of the following are steps that can be taken to ensure compliance with regulations and standards including CSR?
Which of the following are steps that can be taken to ensure compliance with regulations and standards including CSR?
Correct Answer: A,D
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Analytics data can be used in Category Management forecasting. Which of the following would be a form of Analytics Data?
Correct Answer: C
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Which category of spend item would be most suitable to purchase through an e-auction?
Correct Answer: A
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Category Management and Strategic Sourcing are terms which are interchangeable. Is this statement TRUE?
Correct Answer: D
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Caleb is completing a risk assessment on his supply chain using a matrix categorising risks on a scale of 1-5.
He identifies one risk with a score of 2. Which category of risk would this fall into?
He identifies one risk with a score of 2. Which category of risk would this fall into?
Correct Answer: B
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In order for Category Management to succeed, is business commitment and stakeholder buy-in essential?
Correct Answer: D
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Of the following 4 types of industries, which has the lowest barriers to entry?
Correct Answer: B
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