Kraljic matrix Guides d'étude, Notes de cours & Résumés
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CIPS L4M2 Exam Questions With 100% Correct Answers
- Examen • 14 pages • 2024
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CIPS L4M2 Exam Questions With 100% 
Correct Answers 
Re-buy - answerIt is not necessary to specify a new specification or to source the market. 
Call-off or framework agreement. A preferred supplier is in place 
Modified Buy - answerReview of existing contract requirements and making any necessary 
amendments such as to build additional benefits, streamline the business or to establish new 
KPIs/SLAs. Where some of the specification or requirements have changed. 
New Buy - answerA new purchase o...
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L4M8 CIPS level 4 Glossary 2 Questions and Answers 100% Pass
- Examen • 24 pages • 2024
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L4M8 CIPS level 4 Glossary 2 
Questions and Answers 100% Pass 
Name the 13 stages of the procurement cycle - Correct Answer ️️ -1. Understand the 
need. 
2. Market Commodity options. 
3. Develop Stratgey/ Plan. 
4. Pre-procurement / market test. 
5. Develop required documentation. 
6. Supplier Selection. 
7. Issue invitation to tender. 
8. Bid / tender evaluation. 
9. Contract Award. 
10. Warehouse logistics & receipt. 
11. Contract performance review and continuous improvement. 
12. Supplie...
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L4M8 CIPS level 4 Glossary 2 Exam Questions With Verified Answers
- Examen • 19 pages • 2024
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L4M8 CIPS level 4 Glossary 2 Exam 
Questions With Verified Answers 
Name the 13 stages of the procurement cycle - answer1. Understand the need. 
2. Market Commodity options. 
3. Develop Stratgey/ Plan. 
4. Pre-procurement / market test. 
5. Develop required documentation. 
6. Supplier Selection. 
7. Issue invitation to tender. 
8. Bid / tender evaluation. 
9. Contract Award. 
10. Warehouse logistics & receipt. 
11. Contract performance review and continuous improvement. 
12. Supplier relationshi...
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L4M8 CIPS level 4 Glossary 2 Exam Questions With Verified Answers
- Examen • 19 pages • 2024
-
Disponible en pack
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- €11,51
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L4M8 CIPS level 4 Glossary 2 Exam 
Questions With Verified Answers 
Name the 13 stages of the procurement cycle - answer1. Understand the need. 
2. Market Commodity options. 
3. Develop Stratgey/ Plan. 
4. Pre-procurement / market test. 
5. Develop required documentation. 
6. Supplier Selection. 
7. Issue invitation to tender. 
8. Bid / tender evaluation. 
9. Contract Award. 
10. Warehouse logistics & receipt. 
11. Contract performance review and continuous improvement. 
12. Supplier relationshi...
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CIPS Level 4 Module 1 questions and answers 2024/2025
- Examen • 55 pages • 2024
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CIPS Level 4 Module 1 questions and answers 2024/2025The Purchasing process - correct answer 1. Define Specification. 
2. Select Supplier 
3. Contract Agreement 
4. Ordering 
5. Expediting 
6. Evaluation Follow up 
 
Definition of Procurement & Supply - correct answer recognition of the fact that the purchasing function has a role in not just "buying inputs" but in "securing supply" 
 
Direct Costs - correct answer These are costs which can be identified directly with the production of a ...
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L4M8 CIPS level 4 Glossary 2 Questions and Answers 100% Pass
- Examen • 24 pages • 2024
-
Disponible en pack
-
- €11,51
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L4M8 CIPS level 4 Glossary 2 
Questions and Answers 100% Pass 
Name the 13 stages of the procurement cycle - Correct Answer ️️ -1. Understand the 
need. 
2. Market Commodity options. 
3. Develop Stratgey/ Plan. 
4. Pre-procurement / market test. 
5. Develop required documentation. 
6. Supplier Selection. 
7. Issue invitation to tender. 
8. Bid / tender evaluation. 
9. Contract Award. 
10. Warehouse logistics & receipt. 
11. Contract performance review and continuous improvement. 
12. Supplie...
-
CIPS Level 4 Module 1 Questions and Answers Rated A+
- Examen • 90 pages • 2024
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Disponible en pack
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- €11,05
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CIPS Level 4 Module 1 Questions and 
 
Answers Rated A+ 
 
The Purchasing process 1. Define Specification. 
2. Select Supplier 
3. Contract Agreement 
4. Ordering 
5. Expediting 
6. Evaluation Follow up 
 
Definition of Procurement & Supply recognition of the fact that the purchasing function has 
a role in not just "buying inputs" but in "securing supply" 
 
Direct Costs These are costs which can be identified directly with the production of a good 
or service; e.g. raw materials. 
Usually ...
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L4M8 - Theories Exam Questions And Answers
- Examen • 16 pages • 2024
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L4M8 - Theories Exam Questions And Answers 
 
 
The CIPS Procurement Cycle - ANS Stage 1 - Understand need and develop a high-level specification 
Stage 2 - Market/commodity options including make-versus-buy assessment 
Stage 3 - Develop strategy/plan 
Stage 4 - Pre-procurement market tests and market engagement 
Stage 5 - Development of required documentation, e.g. request for quotation (RFQ) 
Stage 6 - Supplier selection to participate in an invitation to tender (ITT) exercise 
Stage 7 - I...
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L4M8 CIPS level 4 Glossary 2 Exam Questions With Verified Answers
- Examen • 19 pages • 2024
-
Disponible en pack
-
- €11,51
- + en savoir plus
L4M8 CIPS level 4 Glossary 2 Exam 
Questions With Verified Answers 
Name the 13 stages of the procurement cycle - answer1. Understand the need. 
2. Market Commodity options. 
3. Develop Stratgey/ Plan. 
4. Pre-procurement / market test. 
5. Develop required documentation. 
6. Supplier Selection. 
7. Issue invitation to tender. 
8. Bid / tender evaluation. 
9. Contract Award. 
10. Warehouse logistics & receipt. 
11. Contract performance review and continuous improvement. 
12. Supplier relationshi...
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CIPS L4M8 theories Exam Questions and Answers 100% Pass
- Examen • 14 pages • 2024
-
- €11,51
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CIPS L4M8 theories Exam Questions and 
Answers 100% Pass 
Carters 10 C's - Correct Answer ️️ -Competence 
Capacity 
Commitment 
Control 
Cash 
Cost 
Consistency 
Clean 
Culture 
Communication 
CIPS relationship spectrum - supplier selection - Correct Answer ️️ -Adversarial 
Arms length 
Transactional 
Bespoke 
Outsourced 
Strategic 
Collaborative 
Partnership 
Co-destiny / joint venture 
Carter's Outsource Matrix - Correct Answer ️️ -Strategic Alliance - core 
Retain - core 
Elimin...
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