CIPS L4M1 Valid Dump : Scope and Influence of Procurement and Supply

L4M1 real exams

Exam Code: L4M1

Exam Name: Scope and Influence of Procurement and Supply

Updated: Nov 16, 2024

Q & A: 42 Questions and Answers

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CIPS L4M1 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Understand and analyse the need for compliance: This section measures skills of compliance officers and sector-specific procurement managers in understanding different economic and industrial sectors such as
Topic 2
  • Understand and analyse the key steps when procuring goods or services: This section measures that skills of purchasing managers and procurement officers in identifying and evaluating stages in the sourcing process, planning, supplier selection, and contract management.
Topic 3
  • Public, private, charity, not-for-profit, manufacturing, retail, construction, financial, agriculture, and service sectors. It also covers analyzing the impact of the public sector on procurement and supply chain activities public sector objectives, regulations, competition, accountability, and value for money. It finally covers the impact of the private sector on procurement or supply chain activities.
Topic 4
  • Procedures, strategies, manuals, and internal function involvement.
Topic 5
  • Understand and analyse aspects of organisational infrastructure that shape the scope of procurement and supply chain functions: This section measures that skill of supply chain strategists and organizational analysts in understanding corporate governance, documented policies, accountability, and ethics. It also covers the impact of organisational policies and procedures on procurement and supply

Reference: https://www.cips.org/qualifications/diploma-in-procurement-supply/scope-and-influence-of-procurement-and-supply

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