Free CIPS L6M10 Exam Questions

A procurement professional is tasked with optimizing the global pipeline for a multinational organization. They want to eliminate non-value-adding processes and improve efficiency. What technique should they consider using?

The following five companies are dealing with the challenge of managing a product portfolio, catering to diverse customer segments across international territories. Each company manager is tasked with prioritizing specificfocus areasand allocatingresourcesto overcome challenges. Company A: A grocery store chain frequently offers special promotions and discounts, significantly affecting ordering patterns. Thesevolatile pricesmake it challenging to maintain aconsistent revenue stream. Company B: A growinge-commercebusiness experiencing increasedshipping costsdue to the rapid expansion of product offerings and customer base. To maintain profitability, they need toreduce costs. Company C: Acustom-made furniture manufacturerfacingorder processing delays, leading to longer lead timesandincreased customer complaints. Company D: Amanufacturer of high-demand electronic gadgetsexperiencing demandexceeding supply, requiring order rationing. Customers are frustrated due toerrors in the rationing systemand have attempted togame the system. Company E: Aglobal electronics manufacturerstruggling to manage itscomplex supply chainacross multiple regions. The company needs to leveragetechnologyto improve efficiency and reduce operational costs. Q: For Company E, what recommended action should the company manager take? Answer Options:

Why must organizations consider pressure groups’ influence? 

What explains the growing influence of reverse logistics? 

Why must organizations consider pressure groups’ influence?