Cips l4m8 Study guides, Class notes & Summaries

what are the stages of ordering? - Answer-1) user need 2) raise requisition 3) approved process 4) issue PO 5) receive goods/service 6) approve invoice what are the stages of sourcing? - Answer-1) understand the need 2) develop strategy 3) raise requisition 4) source suppliers 5) issue ITT/RFQ 6) negotiate and award contract 7) SRM/contract management in what locations can sourcing take place? - Answer-- localised - regional - national - global what factors does the buyer need t...

CIPS L4M8 theories Exam Questions With Verified Answers Carters 10 C's - answerCompetence Capacity Commitment Control Cash Cost Consistency Clean Culture Communication CIPS relationship spectrum - supplier selection - answerAdversarial Arms length Transactional Bespoke Outsourced Strategic Collaborative Partnership Co-destiny / joint venture Carter's Outsource Matrix - answerStrategic Alliance - core Retain - core Eliminate Outsource TIMWOOD - answerTransportation Inv...

CIPS L4M8 theories Exam Questions With Verified Answers Carters 10 C's - answerCompetence Capacity Commitment Control Cash Cost Consistency Clean Culture Communication CIPS relationship spectrum - supplier selection - answerAdversarial Arms length Transactional Bespoke Outsourced Strategic Collaborative Partnership Co-destiny / joint venture Carter's Outsource Matrix - answerStrategic Alliance - core Retain - core Eliminate Outsource TIMWOOD - answerTransportation Inv...

CIPS L4M8 EXAM QUESTIONS AND ANSWERS 100% SOLVED Stage 13: Assest management/end of life The procurement professional should evaluate whether the need is still current. If it is and unchanged, the procurement cycle process commences again but from a different stage as the need is already known and understood. If the need is not required the buyer should manage the end of life by reducing stock levels and informing the supplier Anti-bribery procedures -Proportionate procedures: should be ...

CIPS L4M8 LO3 Exam Questions and Answers 100% Pass what is a fixed asset? - Correct Answer ️️ -assets that are purchased for long-term use and not intended to be converted directly into cash what is included in whole life asset management? - Correct Answer ️️ -- lessons learned feeds into identification of needs/specification - pre-acquisition costs - acquisition costs - installation and commissioning costs - operating costs - maintenance costs - performance/downtime monitorin...

CIPS L4M8 LO3 Exam Questions With Verified Answers what is a fixed asset? - answerassets that are purchased for long-term use and not intended to be converted directly into cash what is included in whole life asset management? - answer- lessons learned feeds into identification of needs/specification - pre-acquisition costs - acquisition costs - installation and commissioning costs - operating costs - maintenance costs - performance/downtime monitoring - end of life disposal/recyclin...

CIPS L4M8 LO3 Exam Questions With Verified Answers what is a fixed asset? - answerassets that are purchased for long-term use and not intended to be converted directly into cash what is included in whole life asset management? - answer- lessons learned feeds into identification of needs/specification - pre-acquisition costs - acquisition costs - installation and commissioning costs - operating costs - maintenance costs - performance/downtime monitoring - end of life disposal/recyclin...

CIPS L4M8 LO2 Exam Questions and Answers 100% pass what are the stages of ordering? - Correct Answer ️️ -1) user need 2) raise requisition 3) approved process 4) issue PO 5) receive goods/service 6) approve invoice what are the stages of sourcing? - Correct Answer ️️ -1) understand the need 2) develop strategy 3) raise requisition 4) source suppliers 5) issue ITT/RFQ 6) negotiate and award contract 7) SRM/contract management in what locations can sourcing take place? - Cor...

CIPS L4M8 Exam Questions and Answers | GRADED A | 100% Verified Elaborations

CIPS L4M8 EXAM QUESTIONS AND ANSWERS 100% SOLVED Stage 13: Assest management/end of life The procurement professional should evaluate whether the need is still current. If it is and unchanged, the procurement cycle process commences again but from a different stage as the need is already known and understood. If the need is not required the buyer should manage the end of life by reducing stock levels and informing the supplier Anti-bribery procedures -Proportionate procedures: should be ...