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TestPassed CIPS L4M6 Gives you the Necessary Knowledge to Pass

P.S. Free & New L4M6 dumps are available on Google Drive shared by TestPassed: https://drive.google.com/open?id=1zDBPeXlrROqWMt2JzQtW6Z-PAnsVK1Qa

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CIPS L4M6 exam is an advanced-level exam that requires candidates to have a sound understanding of procurement and supply chain management concepts. Candidates need to possess knowledge of procurement processes, supplier selection, and contract management. They also need to have experience working in a procurement or supply chain management role. L4M6 exam is ideal for procurement professionals who want to enhance their skills and knowledge in supplier relationship management.

CIPS L4M6 Exam, also known as the CIPS Supplier Relationships exam, is an important test for procurement and supply chain professionals looking to advance their careers. L4M6 exam covers a range of topics related to supplier management, including how to build and maintain effective relationships with suppliers, how to evaluate supplier performance, and how to manage supplier risk.

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CIPS Supplier Relationships Sample Questions (Q49-Q54):

NEW QUESTION # 49
Which of the following are recognised organisational culture types? Select THREE

A. Team
B. Power
C. Role
D. Person
E. Knowledge

Answer: B,C,D

Explanation:
The correct answer is power, role and person. This is part of Hardyman's Cultural Types on p.169 (there are four- the other one is task). There's quite a few questions on this in the exam, so it's worth doing some additional research on this prior to the exam as the study guide doesn't provide much detail on this.

NEW QUESTION # 50
A garden centre has recently purchased some lollypop sticks to use as plant labels. The staff have written the name of the plant on the lollypop stick and put it next to the plant. This helps them identify which plant is which. However, after a couple of weeks, the lollypop sticks have become mouldy and the writing has faded. Staff are now struggling to identity their plants. The Manager of the garden centre is considering returning the lollypop sticks and asking for a full refund as they were not fit for purpose. Can the Manager do this?

A. Yes- the lollypop sticks have gone mouldy- this is unacceptable
B. No- the manager cannot prove that the product is faulty
C. No- as this was not the lollypop sticks intended purpose
D. Yes- so long as the manager kept the receipt

Answer: C

Explanation:
The correct answer is 'no- as this was not the lollypop sticks intended purpose'. When deciding if something is fit for purpose, you must consider its intended and common purpose. In this case it would be for making lollypops. As the garden centre is using them for something other than their intended purpose, they can't complain if it doesn't work. Fit for purpose is discussed on p.65 p.s. there's a Question: like this in the real exam - it's just not lollypop sticks ; )

NEW QUESTION # 51
Harry runs a hotel and has recently decided to contract an external supplier to provide the cleaning of the rooms. What is a disadvantage of doing this?

A. This will be more expensive than providing the service in house
B. There is dependency on the supplier, which increases risk
C. The supplier will not perform as well as an internal team
D. This allows staff to focus on other areas

Answer: B

Explanation:
Using an external supplier always comes with increased risk, as you become dependant upon them, and have less control over their performance (compared to an in-house team). In this example Harry will have the increased risk that the contract cleaners turn up late to their shifts, or don't do a good job. However, there is no reason to believe that the supplier will not perform as well as an internal team- we don't have enough information from the Question: for this to be true. What is true is the RISK is greater. The other answers are incorrect; the Question: doesn't indicate whether outsourcing the cleaning will be more or less expensive for Harry. Allowing staff to focus on other areas is an advantage not a disadvantage. See p.4 for more information on 'External Suppliers'

NEW QUESTION # 52
Kinky Boots Ltd provides high heeled shoes in large sizes. Their target market are Drag Queens. There are a couple of rival shoe manufacturers in this market and Kinky Boots Ltd offer the cheapest high heels. What strategy is Kinky Boots Ltd employing in terms of competitive advantage?

A. cost focus
B. cost leadership
C. differentiation focus
D. differentiation

Answer: A

Explanation:
This is 'cost focus' - Kinky Boots is both focusing on being a cost leaser (by providing the cheapest products) and focusing on a niche market (drag queens). When these two strategies are combined it is called 'cost focus'.
There's a couple of questions on Porter's Generic Strategies in the exam- there's a useful diagram of this on P.
13

NEW QUESTION # 53
Beyond Say is a manufacturer of diamond rings. It sources a lot of different parts to create its products including diamonds, gold, cardboard boxes for the rings to go in, as well as stationary and copier paper for the offices. Although it doesn't buy many diamonds, these represent a large part of Beyond Say's spend. Which category of spend would diamonds represent?

A. Operational Spend
B. Critical/Strategic Spend
C. It isn't possible to tell
D. Tactical Spend

Answer: B

Explanation:
This is category 'A' spend in the ABC model - they represent a large value and a small number of purchases / suppliers. See p.17 for more information on the ABC Analysis

NEW QUESTION # 54
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