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?

A university wants to improve its information systems by moving all student records and data files to a new database system. A contractor has been hired just for this project. The procurement manager cares a lot about keeping the business running smoothly. He checks the contractor’s past performance, the market and other outside factors to list all possible risks. At what stage in business continuity planning should the procurement manager do this activity?

A team within a manufacturing company have been tasked to develop a new product for production. Initially, the team had a lot of ideas but disagreed on the design. They have now agreed and finalised the design and have assigned roles within the team, but are yet to complete the first production run. What stage of development is the team? 

Eric, a senior buyer at a mobile manufacturer, is disappointed by a supplier. This supplier provides one of the key components to Eric's company and the supply market is so narrow that not many suppliers are able to provide this component. Which of the following is a right course of action for Eric?

The CEO of a business has asked his procurement manager to source new machinery for the factory. This machinery will help create a new line of products which will give the company a competitive edge. The CEO is heavily invested in this procurement activity as profits have been lower than expected this year and this new line of products could help increase profitability. How should the procurement manager include the CEO in the procurement activity?