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[General] Get Fantastic L4M6 Reliable Braindumps Book and Pass Exam in First Attempt

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【General】 Get Fantastic L4M6 Reliable Braindumps Book and Pass Exam in First Attempt

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CIPS L4M6 exam is a highly regarded qualification designed for procurement professionals who wish to enhance their knowledge and skills in managing supplier relationships. L4M6 exam is offered by the Chartered Institute of Procurement and Supply (CIPS), a global professional body that provides training and qualifications in procurement and supply chain management. The CIPS L4M6 Exam is the sixth module in the Level 4 qualification, which focuses on supplier relationships.
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CIPS Supplier Relationships Sample Questions (Q158-Q163):NEW QUESTION # 158
Which of the following are considered 'wastes' which can be removed from a business? Select THREE.
  • A. Transportation
  • B. Inventory
  • C. Stockout
  • D. Over-processing
  • E. Equity
Answer: A,B,D
Explanation:
The seven wastes (as defined by Taiichi Ohno) can be remembered as Tim Wood; transportation, inventory, motion, waiting, over-processing, over-production, defects. Some people add an S onto the end of Tim Wood to make Tim Woods (the s is for skills). In some modules of CIPS, they refer to 8 wastes and include skills, but in M6 they've only put the 7 on p.70.

NEW QUESTION # 159
The Managing Director of XYZ Ltd has asked the Procurement Manager to support the engineering team and ensure a new product design is suitable for volume manufacturing. The Procurement Manager arranged a series of meetings with suppliers and its internal development team, the XYZ manufacturing department, and research and development department to get their feedback on the proposed design. What are the activities undertaken by XYZ Ltd called?
* Early supplier involvement
* Benchmarking
* Cross-organisational involvement
* Subcontracting
  • A. 1 and 3 only
  • B. 3 and 4 only
  • C. 1 and 2 only
  • D. 2 and 3 only
Answer: A
Explanation:
Comprehensive and Detailed Explanation:
Early Supplier Involvement (ESI) refers to the practice of involving suppliers early in the product development process to leverage their expertise and capabilities. Cross-organisational involvement entails collaboration across various departments within the organization, such as procurement, engineering, manufacturing, and R&D, to ensure the product design is feasible and efficient for production.
Reference:
CIPS L4M6 Study Guide

NEW QUESTION # 160
A local government procurement team is undertaking a full review of their current internal working processes.
The team of buyers currently have a partnership-style relationship with their routine suppliers. Is this the best relationship style to use?
  • A. Yes, as they present a great deal of risk to the organization
  • B. No, as these are critical items to the buying organization
  • C. Yes, as these are low-value items
  • D. No, as there are many suppliers available
Answer: D
Explanation:
Routine suppliers typically supply low-value, low-risk items. Maintaining partnerships in such cases is inefficient since alternative suppliers are readily available. Adopting a transactional or adversarial relationship would be more appropriate.

NEW QUESTION # 161
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- so long as the manager kept the receipt
  • B. Yes- the lollypop sticks have gone mouldy- this is unacceptable
  • C. No- the manager cannot prove that the product is faulty
  • D. No- as this was not the lollypop sticks intended purpose
Answer: D
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 # 162
Within a supplier's terms and conditions, they have a 'mutual termination for convenience' clause, which requires either party to provide 30 days' notice. Before the buyer signed the agreement, a procurement colleague recommended that the buyer should request this be amended to 90 days' notice. Was this amendment the correct thing to do?
  • A. No, as this will be in breach of statutory contract law requirements
  • B. No, as this will guarantee a hostile end to the buyer-supplier relationship
  • C. Yes, as the buyer will then be responsible for providing additional business to the supplier
  • D. Yes, as this will allow the buyer enough time to mobilize a new contract
Answer: D
Explanation:
Comprehensive and Detailed Explanation:
Extending the notice period in a mutual termination for convenience clause provides the buyer with additional time to:
* Identify and engage alternative suppliers
* Ensure continuity of supply
* Mitigate risks associated with abrupt contract termination
This proactive approach aligns with best practices in contract management, allowing for smoother transitions and minimizing potential disruptions.
Reference:
CIPS L4M6 Study Guide

NEW QUESTION # 163
......
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