Cips - Study guides, Revision notes & Summaries

L4M3 - CIPS: Commercial Contracting Questions with Correct Answers

L4M3 - CIPS: Commercial Contracting Questions and Answers 100% CorrectL4M3 - CIPS: Commercial Contracting Questions and Answers 100% CorrectL4M3 - CIPS: Commercial Contracting Questions and Answers 100% Correct Ad-Hoc Purchase - ANSWER-An item bought for a single and non-recurring use or purpose Alternative Dispute Resolution (ADR) - ANSWER-Any method of resolving a dispute between two parties which does not involve court action, including escalation to higher levels of authority, mediation,...

Exam of 14 pages for the course CIPS at CIPS (CIPS L4M2 EXAM 2023)

CIPS L4M2 Exam Questions and Answers Total cost of ownership Correct Ans-Is how much it costs to own the product over its lifetime until disposal.

CIPS L4M1 Scope and Influence of Procurement and Supply Questions with Complete Solutions

CIPS L4M1 - Question & Answer Past Exam 100% CorrectCIPS L4M1 - Question & Answer Past Exam 100% CorrectCIPS L4M1 - Question & Answer Past Exam 100% CorrectCIPS L4M1 - Question & Answer Past Exam 100% Correct O1. Outline FIVE differences between purchasing goods and purchasing services. - ANSWER-1. Goods are tangible, services are intangible: 2. Services cannot be separated from their supplier: 3. Heterogeneity: goods are usually uniform in nature while services are unique at each delivery 4...

CIPS L4M8 Chapter 1 Questions and Answers 100% CorrectCIPS L4M8 Chapter 1 Questions and Answers 100% CorrectCIPS L4M8 Chapter 1 Questions and Answers 100% CorrectCIPS L4M8 Chapter 1 Questions and Answers 100% CorrectCIPS L4M8 Chapter 1 Questions and Answers 100% Correct The 13 Stages of the Procurement Cycle - ANSWER-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 - Prepa...

CIPS Module 1 - Introduction to Procurement and Supply - 1.1 Questions with Complete Solutions

CIPS L4M8 Chapter 1- Questions and Answers 100% Solved To fully understand the market pricing, procurement professionals should research the level of competition. The .... .... ... model is an established way of assessing the competition Correct Ans-Porter's Five Forces

L4M8 CIPS level 4 Glossary 2 Questions and Answers 100% Pass Name the 13 stages of the procurement cycle - Correct Answer ️️ -1. Understand the need. 2. Market Commodity options. 3. Develop Stratgey/ Plan. 4. Pre-procurement / market test. 5. Develop required documentation. 6. Supplier Selection. 7. Issue invitation to tender. 8. Bid / tender evaluation. 9. Contract Award. 10. Warehouse logistics & receipt. 11. Contract performance review and continuous improvement. 12. Supplie...