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CIPS L4M8 Exam Syllabus Topics:

CIPS Procurement and Supply in Practice Sample Questions:

1. Describe two negative factors associated with ordering excess inventory.

2. Explain why it is deemed better to use Sea freight rather than air.

3. When benchmarking what other factors, apart from price should be considered to find the total cost of acquisition?

4. What are the definition of a new buy and a modified re-buy?

5. What are the four methods that can be used to try to resolve dispute?

Solutions: