Free CIPS L4M6 Exam Questions

Become CIPS Certified with updated L4M6 exam questions and correct answers

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Total 524 Questions | Updated On: Jul 25, 2026

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Question 1

To procure items that have a high impact on your profits and a high risk of supply shortages, what are the most effective strategies to build relationships with your suppliers? Select TWO that apply.

A : Co-destiny relationship

B : Forming purchase consortia

C : Using one-off contract

D : Using online catalogues

E : Strategic relationship

Answer: A,E

Question 2

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?

A : Power

B : Transparency

C : Communication

D : Commitment

Answer: D

Question 3

What are the factors that make an Early Supplier Involvement (ESI) project successful? Select the THREE that apply

A : Increased cost saving

B : Equivocal specifications

C : Shortened time to market

D : Non-disclosure agreement

E : Mutual collaboration

F : Effective cross-functional team

Answer: D,E,F

Question 4

What should procurement professional do to convince senior leaders and other departments to support partnership sourcing? Select THREE that apply

A : Finding out the level interest and influence of the concerned stakeholders

B : Presenting the business case to senior management

C : Embedding force majeure into contracts

D : Conducting a competitive tendering

E : Creating corporate social responsibility policies

F : Handling the changes in the organisation

Answer: A,B,F

Question 5

The main purpose of early supplier involvement (ESI) is:

A : To enable suppliers to receive and raise orders before 10am to relieve administrative burdens

B : To ensure that the procurement budget is fully spent as early as possible

C : To enable the supplier to make proactive suggestions relating to improvements in product or service design

D : To ensure that suppliers can set their pricing strategy as early as possible

Answer: C

Page: 1 / 105

Total 524 Questions | Updated On: Jul 25, 2026

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