CIPS L4M8

Experience can be exchanged between users

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Various forms of memory

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CIPS Procurement and Supply in Practice Sample Questions:

1. Which four procurement cycle stages happen after the award of the contract?

2. Explain which factors should be considered when deciding the quantity of a product to order.

3. Explain the concept of the 3Ps/TBL and how it can be used by an organization.

4. Explain why risk should be evaluated prior to the disposal of any assets.

5. Using the case study about Toyata, which type of benchmarking Tada has used when comparing the Toyata with Porsche?

Solutions: