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CIPS L4M8 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Strategic Sourcing and Category Management | 20-25% | - Strategic sourcing process - Spend analysis techniques - Category segmentation - Supplier segmentation and criticality analysis |
| Topic 2: Procurement Process and Procedures | 25-30% | - Requirements gathering and specification - Supplier selection methods - Contract award criteria - Purchase ordering and goods receipt - Procurement cycle stages |
| Topic 3: Practical Application Scenarios | 15-20% | - Applying theory to real-world procurement situations - Case study analysis - Problem-solving and decision-making - Recommendation and justification skills |
| Topic 4: Ethical and Sustainable Procurement | 15-20% | - Modern slavery and fair trade - Environmental sustainability in procurement - Supply chain transparency - Corporate Social Responsibility (CSR) - Ethical sourcing considerations |
| Topic 5: Supplier Relationship Management | 20-25% | - Risk management in supplier relationships - Supplier development and improvement - Supplier performance measurement (KPI, scorecards) - Partnership and collaboration models - Supplier relationship types |
CIPS Procurement and Supply in Practice Sample Questions:
1. Describe three types of fraud that could occur within the supply chain of an organization with which you are familiar.
2. What are Carter's 10Cs?
3. When should whole life asset management be applied?
4. Describe two negative factors associated with ordering excess inventory.
5. Explain the difference between bonded and forced labor.
Solutions:
| Question # 1 Answer: Only visible for members | Question # 2 Answer: Only visible for members | Question # 3 Answer: Only visible for members | Question # 4 Answer: Only visible for members | Question # 5 Answer: Only visible for members |
