CIPS Supplier Relationships - L4M6 Exam Practice Test

Which of the following are the stages of team development?

A procurement category manager has been asked to advise the project team on the appropriate selection and awarding process for a complex procurement project in a multi-geographical organisation. It is likely the specification will be updated during the process, and several phases of negotiation will be required throughout. This will include final negotiations with the winning bidder. The team are therefore aware it will be a time-consuming project. Which process should be advised?

Which of the following are elements of a business that can develop a company's competitive advantage?
Select THREE.

An automotive company has hired Tom as the procurement manager. Tom is to manage a team of two people who have worked in the department for a number of years. Conflict exists between the two members of staff due to an overlap of responsibilities. Which of the following processes would be most appropriate for Tom to use to reduce this conflict?

A supermarket is struggling with sales and has done an analysis on its competitors. It has discovered that it has two major competitors; one provides groceries at a much cheaper price and another that provides only organic products. The supermarket has decided that it wants to continue providing groceries to a wide target audience but that it will compete by offering superior customer service. What is the supermarket's source of competitive advantage?

A company supplies IT equipment and buys most of its components from first-tier suppliers in the UK. It wants to analyse its supply market to develop the supply chain and is going to review the main factors that have an influence. The company wants to use the STEEPLED external environmental analysis framework to achieve the best result. Which of the following STEEPLED factors is most likely to have the greatest effect?

Which of the following is an advantage for the suppler of entering into a partnership with a buyer?

Effective cost modelling involves which of the following?
* Data gathering
* Analysis of facts
* Supplier negotiation
* Issuing a request for quotation

Which of the following are not a valid reasons to terminate a relationship with a supplier? Select TWO.

Which of the following are characteristics that differentiate between a partnership relationship and traditional contracting relationships? Select THREE.