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CIPS Quiz And Answers A+ RATED 100% GUARANTEE PACKAGE DEAL

CIPS Quiz And Answers A+ RATED 100% GUARANTEE PACKAGE DEAL

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CIPS L4M8 Exam Verified 100% Correct!!

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CIPS L4M8 Exam Verified 100% Correct!! Stage 13: Asset 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...

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CIPS L4M8 Chapter 1 Exam Verified 100% Correct!!

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CIPS L4M8 Chapter 1 Exam Verified 100% Correct!! The 13 Stages of the Procurement Cycle - ANS Stage 1 - Identify need and develop spec. Stage 2 - Market commodity/make or buy options. Stage 3 - Develop Strategy/Plan Stage 4 - Pre procurement market tests Stage 5 - Prepare Documentat...

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L4M8 Procurement & Supply in Practice

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L4M8 Procurement & Supply in Practice How many stages are there within the CIPS Procurement Cycle? - ANS The CIPS procurement cycle has 13 stages: 1. Understand the need and develop a high-level specification. 2. Market/commodity options including make-versus-buy assessment. 3. De...

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L4M8 - Theories

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L4M8 - Theories The CIPS Procurement Cycle Stage 1 - Understand need and develop a high-level specification Stage 2 - Market/commodity options including make-versus-buy assessment Stage 3 - Develop strategy/plan Stage 4 - Pre-procurement market tests and market engagement Stage 5 - Development...

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CIPS L4M8 Chapter 2

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CIPS L4M8 Chapter 2 Sourcing involves - ANS identifying and vetting those suppliers who are able to supply the product or service, as required in a specification from a procurement professional Different stages of Ordering - ANS - User need - Raise requisition - Approved process ...

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L4M4 - Chapter 2

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L4M4 - Chapter 2 How does the Pareto Principle differ to the ABC Analysis? - ANS Instead of the Pareto 80/20 split, the figure splits the suppliers into three categories. 'A', 'B', 'C'. They are categorized according to their levels of importance/spend to the buying organization. ...

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CIPS L4M7 Whole Life Asset Management

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CIPS L4M7 Whole Life Asset Management Causes of Obsolescence - ANS Technical Change Cultural Change Legislation 2D Barcode - ANS Types of Stock - ANS Opening Stock Raw Materials Secondary Components Work in Progress Finished Goods Safety/Buffer S...

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