CIPS L5M4 Exam Dumps (V8.02) – Reach Success with the Latest L5M4 Questions and Answers

1. SIMULATION

What are KPIs and why are they used? Give examples.

2. SIMULATION

A company is keen to assess the innovation capacity of a supplier. Describe what is meant by 'innovation capacity' and explain what measures could be used. (25 marks)

3. SIMULATION

Describe 4 strategies a company could use to develop a supplier. (25 marks)

4. SIMULATION

Describe the principles of Simultaneous Engineering (25 marks)

5. SIMULATION

Describe 5 ways in which you could track the performance of a services contract such as the provision of IT services to an office. (25 marks)

6. SIMULATION

What is a ‘Balanced Scorecard’? (15 marks).

What would be the benefits of using one? (10 marks)

7. SIMULATION

XYZ Ltd is a manufacturing organisation who is looking to appoint a new supplier of raw materials. Describe 5 selection criteria they could use to find the best supplier. (25 marks)

8. SIMULATION

Describe what is meant by Early Supplier Involvement (10 marks) and the benefits and disadvantages to this approach (15 marks).

9. SIMULATION

Describe what is meant by ‘Supply Chain Integration’ (8 marks).

How would a buyer go about implementing this approach and what benefits could be gained from it? (17 marks).

10. SIMULATION

John is looking at the potential of three different projects and is considering the Return on Investment.

What is meant by this, and what are the benefits and disadvantages of using this method?

Which option should he choose? (25 marks)