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[Hardware] L4M6 Valid Dumps - L4M6 Latest Exam Fee

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【Hardware】 L4M6 Valid Dumps - L4M6 Latest Exam Fee

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P.S. Free 2026 CIPS L4M6 dumps are available on Google Drive shared by PDFVCE: https://drive.google.com/open?id=1Yvc46F4XrzuU9tALSDkVbba-0GFMMTJY
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The CIPS Supplier Relationships certification exam is intended for procurement and supply chain professionals seeking to enhance their skills and knowledge in managing supplier relationships. These professionals may include procurement managers, supply chain managers, category managers, and purchasing professionals. L4M6 exam is designed to assess the candidates' understanding of the key concepts and principles of supplier relationship management and their ability to apply them in real-world scenarios.
One of the key benefits of taking the CIPS L4M6 Exam is that it provides procurement professionals with a recognized qualification that demonstrates their expertise in managing supplier relationships. This can be highly valuable for career advancement, as many organizations value CIPS qualifications when hiring or promoting procurement professionals. Additionally, the knowledge gained from the exam can help procurement professionals to make better decisions and achieve better outcomes in their day-to-day work.
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CIPS Supplier Relationships Sample Questions (Q66-Q71):NEW QUESTION # 66
Which of the following relationship types would you consider using for a Main Contractor on a building construction project, who will be responsible for co-ordinating the activities of other suppliers?
  • A. closer tactical
  • B. co-destiny
  • C. transactional
  • D. partnership
Answer: A
Explanation:
in tiered supply chains, a closer-tactical relationship could be used between a buyer and a supplier who will be responsible for co-ordinating the activities of other suppliers (p.8 of the textbook).

NEW QUESTION # 67
A company's analysis shows that some of their products from a supplier fall into the 'strategic' segment of the supply positioning grid. They are meeting with the supplier with the intention that they enter into a partnership. The supplier views the company as 'core' to their business. Which one of the following factors would be most important in determining that a partnership agreement would be good for both companies?
  • A. There are many suppliers in the market
  • B. They have a high spend with the supplier
  • C. They have a low spend with the supplier
  • D. Their products are technically simple
Answer: B
Explanation:
For partnerships to succeed, both buyer and supplier must see significant value in the relationship. High spend indicates strategic importance, ensuring mutual commitment. If the buyer is a core customer for the supplier, and has a high spend, partnership sourcing is mutually beneficial.

NEW QUESTION # 68
Under what circumstances should a competitive tender not be completed? Select TWO.
  • A. When there is a clear specifications
  • B. When there is not a clear specification
  • C. When the items are of high value
  • D. When the items are of low value
Answer: B,D
Explanation:
Note the word 'NOT' in the question. In order for a competitive tender to be successful, there should be a clear specification in place (i.e. you need to know what you want, in order for suppliers to bid for it). Competitive tendering should also only be used for high value purchases; it's time consuming to do, so you wouldn't do it for low value items such as pens for the office. Therefore the correct answer to this question is 'items are of low value' and 'there isn't a clear specification'. There's a useful table on p.73 of when you would and wouldn't use a competitive tender.

NEW QUESTION # 69
Sugar Doughnut Ltd has a jam supplier that they have used successfully for over ten years. They have made investments in the supplier's factory to support them with capital equipment upgrades in return for cost reduction on jam. The two companies also collaborate on bids for large supermarkets when looking to supply doughnuts and work together on quality improvements. No contracts exist between the two companies. Could this relationship be said to be a partnership relationship?
  • A. Yes, because they have demonstrated close collaboration on various projects
  • B. No, because they have only worked together for ten years
  • C. No, because contracts do not exist between the two companies
  • D. Yes, because they both operate in the food sector
Answer: A
Explanation:
The relationship qualifies as a partnership due to their collaboration, shared investments, and mutual efforts toward improvement, regardless of the absence of formal contracts. Partnerships focus on shared goals, trust, and strategic alignment rather than mere documentation.

NEW QUESTION # 70
A partnership was created between a company and one of its local suppliers when the managing directors of each company met and thought partnering could be a good idea. No other departments were included in the discussions. The partnership has been in place for over a year, but neither of the companies has achieved any additional benefits. The company has been unable to offer any increased business to the supplier, and the supplier has been unable to improve on the quality of its products. The partnership is going to be terminated.
What is a possible main reason for the failure of the partnership?
  • A. Cultural differences
  • B. Poor planning
  • C. Market changes
  • D. Distance barrier
Answer: B
Explanation:
Partnerships require careful planning, including alignment of goals, stakeholder involvement, and clear expectations. Poor planning leads to unmet objectives and lack of value generation, as highlighted by CIPS.

NEW QUESTION # 71
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