CIPS Procurement and Supply in Practice : L4M8 exam

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CIPS L4M8 Exam Syllabus Topics:

CIPS Procurement and Supply in Practice Sample Questions:

1. Which Incoterm applies here?
The supplier is responsible for delivering the goods to the buyer's premises, bearing all risk up until this point.

A) DAP - Delivered At Place
B) DAT - Delivered At Terminal
C) FAS - Free Alongside Ship
D) DDP - Delivery Duty Paid

2. The supplier is responsible for delivering the goods to a named port or destination (such as an air-port or warehouse), as well as unloading them from the terminal from this point, risk passes to the buyer.

A) DP - Delivery Duty Paid
B) DAP - Delivered At Place
C) DAT - Delivered At Terminal
D) FAS - Free Alongside Ship

3. What is contract performance review and continuous improvement?

4. Write all of factors that contribute towards value for a product that you regularly purchase.

5. When benchmarking what other factors, apart from price should be considered to find the total cost of acquisition?

Solutions: