L4m8 cips - Study guides, Class notes & Summaries

CIPS L4M8 Questions with Correct Answers

L4M8 CIPS

L4M8 CIPS

CIPS L4M8 QUESTIONS AND ANSWERS RATED A+ 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 in l...

L4M8 CIPS

CIPS L4M8 Exam Verified 100% Correct

CIPS L4M8 Exam Verified 100% Correct

CIPS L4M8 LO2what 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? - correct answer - localised - regional - national ...

CIPS L4M8 questions with complete solutions 2024/2025Stage 13: Assets management/end of life - correct answer 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 - correct answer -P...

CIPS L4M8 Chapter 1 latest 2024