Free CIPS L4M6 Exam Questions

Lene Group plans to start a Supplier Development Programme (SDP) to help small and medium sized suppliers improve their performance and expand their business in key areas for the Group. Lara needs to discover the objectives and advantages of this programme for both the Group and the suppliers. What is a fact about supplier development programme?

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?

Sugar Doughnut Ltd has a jam supplier that they have used successfully for over ten years. They have made investments in the supplier’s factory to support them with capital equipment upgrades in return for cost reduction on jam. The two companies also collaborate on bids for large supermarkets when looking to supply doughnuts and work together on quality improvements. No contracts exist between the two companies. Could this relationship be said to be a partnership relationship? 

Sugar Doughnut Ltd has a jam supplier that they have used successfully for over ten years. They have made investments in the supplier’s factory to support them with capital equipment upgrades in return for cost reduction on jam. The two companies also collaborate on bids for large supermarkets when looking to supply doughnuts and work together on quality improvements. No contracts exist between the two companies. Could this relationship be said to be a partnership relationship? 

FreezeIT is a big company that sets up refrigeration systems for skating stadiums. It needs a special part for the systems. The procurement manager of FreezeIT finds out that there is only one supplier who makes this part because it has the patent for the technology. Which of the following is right course of action that might help FreezeIT open up the opportunity for new suppliers?