Free CIPS L4M4 Exam Questions

Which of the following can be used to mitigate the risk of supply failure when sourcing a strategic product from oversea?

Which of the following are most likely to be assessment criteria of supplier's social performance? Select TWO that apply. 

Which of the following are reasons to outsource part of a business to an external supplier? Select TWO.c 

Klein worked as a procurement professional in the public sector for two years. He was responsible for sourcing and purchasing goods and services for various government projects. Due to some personal reasons, he moved to Charted A, a private company that provides consulting and engineering services. At his new company, he is assigned to be the procurement manager. He oversees the procurement process and ensures compliance with the company’s policies and standards. He had relationships with many competent suppliers in his previous company. He knew their capabilities, prices, and quality of work. In a tender at his current company, he invites them to submit bids. He thinks that they can offer the best value for money and meet the project requirements. Is Klein’s behaviour appropriate?

Incoterms are designed to be understood and interpreted on a worldwide basis. What is the interpretation for FOB (Free on Board)?