Free CIPS L4M6 Exam Questions

Mendelow's theory requires procurement professionals to understand which aspects of stakeholders? Select TWO that apply.

Which of the following are most likely to be the right relationship strategies with suppliers when procuring items that have high profit impact and high supply risk? Select TWO that apply.

Judy, new vice president of supply chain management of XYZ Ltd., decides that the company's supply chain strategy should be changed to maintain the competitive advantage. She and the procurement team had reduced the company’s supplier base, consolidating to 225 suppliers. The team also needs to find a potential supplier for partnership from the consolidated supplier base. They decide to engage with PCR Corp., who has been working with them for a long time. Learned from failed relationship in the past, Judy understood that cultural incompatibility between the company and its supplier may lead to failure. She arranged some visits to PCR premise so that she could observe supplier's culture. She realises that in PCR, the employees have clearly delegated authorities within a highly defined structure. However, if needed, cross-functional team can be formed to solve a specific problem such as new product development. PCR is most likely to adopt which recognised organisational culture types?

1. Power

2. Role

3. Task

4. People

Mandy is looking to source windows and doors for a new build apartment block. She has done some initial research and has discovered that there are many suppliers in the marketplace that can supply the items she needs. As it is a high-value project she is thinking of running a formal tender. What should be Mandy's first step?