Cips l4m1 - Study guides, Class notes & Summaries

CIPS L4M1 Scope and Influence of Procurement and Supply correctly answered 2024 What is Procurement? - correct answer Procurement is a STRATEGIC function of a business obtains something Tangible as goods or Intangible as services. Include Purchasing Inventory, Logistics, Supply, Waste Management Quality, Cost, Added Value What is Purchasing? - correct answer Is the ACT of physically ordering and buying something. What is Supply? - correct answer Is the INFRASTRUCTURE which ensures that...

CIPS L4M1 EXAM SOLVED 100% CORRECT!! Stakeholders In any activity an organization undertakes, whether strategic, operational or tactical, the activity can only be successful with the input, commitment and support of its key stakeholders. Gaining and maintaining the support and commitment of stakeholders requires a continuous process of engaging the right stakeholders at the right time and understanding and managing their expectations. Global Supply Chains a dynamic worldwide network when a...

CIPS L4M1 - Question & Answer 2024 with complete solutions O1. Outline FIVE differences between purchasing goods and purchasing services. - ANSWERS1. 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. Services 'perish' immediately on delivery whereas goods can be stored until required 5. Products are easier to specify, being tangible ...

CIPS L4M1 LO4 Exam Questions and Answers 100% CorrectCIPS L4M1 LO4 Exam Questions and Answers 100% CorrectCIPS L4M1 LO4 Exam Questions and Answers 100% CorrectCIPS L4M1 LO4 Exam Questions and Answers 100% CorrectCIPS L4M1 LO4 Exam Questions and Answers 100% Correct private sector - ANSWER-A sector of the economy that is owned, financed and run by private individuals public sector - ANSWER-Service organisations, run by the government, and usually funded by taxes Third sector or not for pro...

CIPS L4M1 Scope and Influence of Procurement and Supply Questions and Answers Graded A+ What is Procurement? Procurement is a STRATEGIC function of a business obtains something Tangible as goods or Intangible as services. Include Purchasing Inventory, Logistics, Supply, Waste Management Quality, Cost, Added Value What is Purchasing? Is the ACT of physically ordering and buying something. What is Supply? Is the INFRASTRUCTURE which ensures that products and services get from supplie...

CIPS L4M1 Scope and Influence of Procurement and Supply Exam Questions and Answers.CIPS L4M1 Scope and Influence of Procurement and Supply Exam Questions and Answers.CIPS L4M1 Scope and Influence of Procurement and Supply Exam Questions and Answers.

CIPS L4M1 PROCUREMENT AND SUPPLY EXAM QUESTIONS AND ANSWERS WITH EXPLANATIONS

CIPS L4M1Stakeholders - correct answer In any activity an organization undertakes, whether strategic, operational or tactical, the activity can only be successful with the input, commitment and support of its key stakeholders. Gaining and maintaining the support and commitment of stakeholders requires a continuous process of engaging the right stakeholders at the right time and understanding and managing their expectations. Global Supply Chains - correct answer a dynamic worldwide network w...

CIPS L4M1 - Question & Answer Past exam questions Latest Update Actual Exam Questions and 100% Correct Answers Guaranteed A+

CIPS L4M1 - Question & Answer Past exam questions latest 2023/2023