Procurement professional - Study guides, Class notes & Summaries

CIPS L4M8 Chapter 1 Questions and Answers 100% Pass The 13 Stages of the Procurement Cycle 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 Documentation Stage 6 - Supplier Selection Stage 7 - Send ITT Stage 8 - Receive & Evaluate Bids Stage 9 - Award contract Stage 10 - Warehouse/logistics prep Stage 11 - Contract management Stage 12 - Relationship m...

ANECEPHALIC An infant born without a brain BEREAVEMENT Sorrow following the death of a loved one BRAIN DEATH Final cessation of activity in the central nervous system, as indicated by a flat EEG or absence of cerebral blood flow for a predetermined period of time CARDIAC DEATH Final cessation of activity in the cardiovascular system involving the heart and blood vessels CESSATION The final stoppage of action CORONER Typically an elected official who decid...

CIPS L4M8 Chapter 1 Questions and Answers 100% Pass The 13 Stages of the Procurement Cycle - Correct 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 - Prepare Documentation Stage 6 - Supplier Selection Stage 7 - Send ITT Stage 8 - Receive & Evaluate Bids Stage 9 - Award contract Stage 10 - Warehouse/logistics prep Stage 11 - Contract management Sta...

The 13 Stages of the Procurement Cycle - correct 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 - Prepare Documentation Stage 6 - Supplier Selection Stage 7 - Send ITT Stage 8 - Receive & Evaluate Bids Stage 9 - Award contract Stage 10 - Warehouse/logistics prep Stage 11 - Contract management Stage 12 - Relationship management Stage 13 - End of life/asset...

CIPS L4M8 Exam Verified 100% Correct!! 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 line with...

CIPS L6M8 - Innovation in Procurement and Supply Exam Questions & Answers Supply chain integration - ANSWERSSupply chain integration requires the procurement professional to develop strategic collaboration with key supply chain partners and understand customer requirements. Behaviours to enhance innovation - ANSWERSPellathy identified 3 key behaviours that affect how individuals engage with each other: 1, Task behaviours - how an individual executes tasks of their role 2, Organisatio...

PMP EXAM PREP SYMPLIFIED A Comprehensive Study Guide to Ace the PMP Exam with Practice Questions, Detailed Answers, Insightful Rationale, and Exam Strategies for Success CONTENTS Chapter 1 Introduction About the PMP Exam Exam Preparation Strategy Exam Taking Tips Chapter 2 Basics of Project Management Definition and Characteristics of a Project Project Life Cycle and Project Management Processes The Role of the Project Manager ...

System Security - Requires unique User ID and password Provides inactivity logoff Limited number of logon attempts - number set by system administrator Locked out after set number of logon attempts are unsuccessful Menu Security - Controls menus access Based on your procurement role and functions Unavailable menu items are greyed out Document Security - Controls access to documents - based on your procurement functions and responsibilities Rights include creating, editing, dragging, ...

Supply chain integration - correct answer Supply chain integration requires the procurement professional to develop strategic collaboration with key supply chain partners and understand customer requirements. Behaviours to enhance innovation - correct answer Pellathy identified 3 key behaviours that affect how individuals engage with each other: 1, Task behaviours - how an individual executes tasks of their role 2, Organisational citizenship - the quality of a person's interpersonal actio...

CIPS L4M8 Chapter 1 Exam Questions And Answers 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 Documentation Stage 6 - Supplier Selection Stage 7 - Send ITT Stage 8 - Receive & Evaluate Bids Stage 9 - Award contract Stage 10 - Warehouse/logistics prep Stage 11 - Contract management Stage 12 - Relatio...