CIPS L5M7 Actual Free Exam Questions & Community Discussion

Exam Code/Number: L5M7
Exam Name/Title: Achieving Competitive Advantage Through the Supply Chain (L5M7)
Certification Provider: CIPS
Corresponding Certification: CIPS Level 5 Advanced Diploma in Procurement and Supply

Exam Questions: 90
Updated On: Oct 13, 2026

Question #1

RIDDORstatistics provide information on which of the following?

A. Speed of production

B. Conformance with specification

C. Health and safety

D. Financial standing

Discussion 0

Correct Answer: C Vote an answer

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Question #2

Which of the following are considered the'Golden Metrics'used to measure performance?
Select THREE.

A. Safety

B. Total Cycle Time

C. Ethics

D. Delivery Performance

E. Financial Stability

Discussion 0

Correct Answer: A,B,D Vote an answer

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Question #3

Which is the correct order that ensures quality is achieved in a business process?

A. Plan, Do, Check, Act

B. Check, Act, Plan, Do

C. Check, Do, Act, Plan

D. Plan, Check, Do, Act

Discussion 0

Correct Answer: A Vote an answer

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Question #4

Which of the following relationship styles has theleast amount of trust?

A. Transactional

B. Partnership

C. Closer Tactical

D. Outsourced

Discussion 0

Correct Answer: A Vote an answer

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Question #5

ACost Leaderis able to lower the price of an item or material within the marketplace. Is this true?

A. Yes - they are able to lower prices but not increase them

B. Yes - they set a price standard as well as lowering prices

C. No - a cost leader has no influence on market price

D. No - a cost leader holds the largest market share and never reduces prices

Discussion 0

Correct Answer: B Vote an answer

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Question #6

Which of the following isnota characteristic ofQuality Managementfound inISO 9001?

A. Protection of the environment

B. Customer focus

C. Involvement of people

D. Continuous Improvement

Discussion 0

Correct Answer: A Vote an answer

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Question #7

The80/20 ruleis also commonly referred to as what?

A. Kraljic Matrix

B. Pareto Principle

C. SWOT Analysis

D. Supplier Positioning

Discussion 0

Correct Answer: B Vote an answer

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Question #8

Plastic Fantastic Ltd manufactures plastic homeware. Customers can return used products to the retailer, who passes them back to the manufacturer for reprocessing. What type ofsupply chainis this?

A. Forward Loop Supply Chain

B. Manufacturing Supply Chain

C. Open Loop Supply Chain

D. Closed Loop Supply Chain

Discussion 0

Correct Answer: D Vote an answer

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Question #9

Kerry is a new department manager at XYZ Ltd. The company has several manufacturing divisions that serve different market segments. She is considering introducingTotal Quality Management (TQM)only in her division. Is this a good idea?

A. No - TQM is a holistic approach and should be implemented company-wide

B. No - TQM is not suitable in a manufacturing company

C. Yes - TQM will ensure her division outperforms the other divisions

D. Yes - staff will respond positively to the change

Discussion 0

Correct Answer: A Vote an answer

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