CIPS Achieving Competitive Advantage Through the Supply Chain (L5M7) : L5M7

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CIPS L5M7 Exam Syllabus Topics:

Reference: https://www.cips.org/qualifications/advanced-diploma-in-procurement-supply/achieving-competitive-advantage-through-the-supply-chain

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CIPS Achieving Competitive Advantage Through the Supply Chain (L5M7) Sample Questions:

Question #1
According to theKraljic Matrix, suppliers are classified based on which TWO factors?

A. Position in the supply chain
B. Cost impact
C. Level of co-operation
D. Risk impact

Question #2
Guppy Fish Ltd manufactures machinery. A rival is releasing automated technology that could replace manual operation. What type of threat does this pose?

A. Bargaining power of buyers
B. Bargaining power of suppliers
C. Threat of new entrants
D. Threat of artificial intelligence

Question #3
For which of the following supply examples istrustin the supplierleast important?

A. A leverage item with high profit impact
B. A non-critical item with low supply risk
C. A bottleneck item critical to production
D. A strategic item with high supply risk

Question #4
InSix Sigma, aBlack Beltis the highest level that can be achieved. Is this correct?

A. No - Green Belt is the highest
B. No - there are higher levels such as Master Black Belt and Champion
C. Yes - a Black Belt trains project teams
D. Yes - a Black Belt implements Six Sigma full-time

Question #5
To analyse thevalue of inventory held, which data points must be collected? Select TWO.

A. Number of items sold
B. Expiry date
C. Purchase price
D. Number of items held in storage

Solutions: