Free CIPS L4M6 Exam Questions

Company C is preparing key performance indicators to monitor the performance of relationship with a strategic supplier. Among these KPIs, an indicator measures how the buyer perceives the effort of supplier regarding contract performance. Which of the following is the factor that is highlighted by this KPI?

RC Inc manufactures a range of high quality caravans in Europe. These caravans use several types ofequipment for the supply of electricity, gas and water. The technical equipment is sourced from well-knownbrands which supply all other caravan manufacturers. With RC Inc benefiting from the positive salesenvironment, output has risen by 20% over three years and projections indicate a further 15% increase inthe next three years. However, the financial director has recently flagged up concerns regarding falling grossand net margins. The procurement manager has pointed out that the cost of materials for the brandedelectrical, gas and water equipment is rising. Which of the following should be priority action of RCprocurement function?

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?

The Community Housing Agency has a number of housing projects under its management. The members of the project team had been asked to assemble in the conference room to prepare for the next important project: the Bradbury Housing. In the meeting, the housing manager speaks out his opinion: "I am a key sponsor of this project and I had to find this money from my own budget. I would like to take part in selecting the main building contractor from very first stage." Since the conceptual design phase of the project, most of housing manager's opinions and ideas have been strongly endorsed by project manager and project engineers. Which of the following is the right approach for managing stakeholder like housing manager according to Mendelow's theory?

Company A’s senior management sees a huge potential in the Asian retail sector. They want to expand their business unit to this market but they are worried about the profitability. What tool can they use to assess how profitable an industry is?