CIPS Procurement and Supply in Practice : L4M8

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CIPS L4M8 Exam Syllabus Topics:

CIPS Procurement and Supply in Practice Sample Questions:

1. What are the ILO and ETI?

2. Explain the concept of the 3Ps/TBL and how it can be used by an organization.

3. Research the values and ethical code of practice of an organization with which you are familiar.

4. Describe two ways in which an organization with which you are familiar could use continuous im-provement as part of whole life asset management.

5. Which Incoterm applies here?
The supplier is responsible for delivering the goods directly onto the vessel that will transport them to their named destination, covering the cost of both the transport and the insurance to cover this. Again, the supplier bears all risks until the goods are delivered to the buyer at their named place.

A) CIF - Cost Insurance and Freight
B) FAS - Free Alongside Ship
C) FOB - Free On Board
D) DAP - Cost and Freight

Solutions: