CIPS L5M6 Actual Free Exam Questions & Community Discussion
Why would a company use a Technology Roadmap?
Correct Answer: B
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A 'should cost' analysis and value analysis can be completed on items procured by a buyer. Which of the following categories of spend are these tools most applicable for?
Correct Answer: A
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Which of the following approaches to managing cost, common in Category Management, results in the most reduced costs from suppliers and increased value?
Correct Answer: C
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A category which includes raw materials required in large quantities and high volumes is often known as what?
Correct Answer: D
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Which of the following forms of historical data can be used to inform Category Management expenditure?
Select THREE.
Select THREE.
Correct Answer: A,C,E
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There are three types of forecasting used in category management that require data. Which from the list below is not a type of forecasting used in category management?
Correct Answer: C
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Which of the following are key components to the success of a CFT (cross-functional team)? Select TWO.
Correct Answer: B,C
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Bill is collecting data on a mobile phone category item. Which of the following can he find from the phone's
'line item' details? [Select TWO]
'line item' details? [Select TWO]
Correct Answer: C,D
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A list of direct costs within a manufacturing organisation could be found on which of the following?
Correct Answer: C
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Barb is a Category Manager at XYZ Logistics. She is putting together a Category Plan. Which of the following sections should she include? Select THREE.
Correct Answer: A,B,E
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