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CIPS L4M8 Exam Syllabus Topics:

CIPS Procurement and Supply in Practice Sample Questions:

1. Describe three ways that hidden cost could present themselves within the logistics operation

2. What are the 3Ps in the triple bottom line.

3. What is depreciation and deterioration?

4. Which Incoterm applies here?
The supplier is responsible for delivering the goods to a carrier or to an intermediate agreed place and should ensure that the goods have at least minimal insurance cover until this point. Again, the buyer is responsible for ensuring these goods reach their named destination from here.

A) CIP - Carriage and Insurance Paid to
B) EXW - Ex Works
C) FCA - Free Career
D) CPT - Carriage Paid To

5. Which products or services should not be considered for outsourcing, according to Carter's out-sourcing matrix

Solutions: