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Exam L4M6 Bible | Certification L4M6 Sample Questions

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The CIPS L4M6 pdf questions learning material provided to the customers from Pass4suresVCE is in three different formats. The first format is PDF format which is printable and portable. It means it can be accessed from tablets, laptops, and smartphones to prepare for the CIPS Supplier Relationships (L4M6) exam. The CIPS L4M6 PDF format can be used offline, and candidates can even prepare for it in the classroom or library by printing questions or on their smart devices.

CIPS L4M6 Certification Exam is a valuable qualification for procurement and supply chain professionals who want to demonstrate their ability to manage supplier relationships effectively. CIPS Supplier Relationships certification covers a range of topics related to supplier management, including ethical and sustainable practices. L4M6 exam is internationally recognized and can help professionals advance their careers in this field.

CIPS L4M6 Certification Exam is an excellent opportunity for procurement and supply chain professionals to enhance their knowledge and skills in managing supplier relationships. It is a globally recognized certification that can boost their career prospects and help them stand out in a competitive job market. By passing L4M6 Exam, candidates can demonstrate their expertise in supplier relationship management and their commitment to professional development.

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The Chartered Institute of Procurement and Supply (CIPS) L4M6 exam is designed for individuals who want to enhance their understanding of supplier relationship management. Supplier relationship management is a crucial aspect of procurement and supply chain management that involves developing and maintaining strong relationships with suppliers to achieve mutually beneficial outcomes. L4M6 Exam covers topics such as supplier segmentation, supplier performance management, contract management, and supplier development.

CIPS Supplier Relationships Sample Questions (Q145-Q150):

NEW QUESTION # 145
A partnership approach to a buyer-supplier relationship, as opposed to a traditional adversarial approach, would have which of the following characteristics?

A. Shared cost benefits
B. Increased supplier contractual terms
C. Greater levels of transparency
D. Specifications designed by the buyer

Answer: A,C

Explanation:
Partnerships are built on trust and transparency, with shared benefits such as cost reductions and improved processes. Adversarial relationships, in contrast, focus on price and contractual obligations.

NEW QUESTION # 146
When outsourcing, which legislation details the rights of employees who may find themselves now working for the outsourcing company?

A. ITT
B. TUPE
C. OJEU
D. PCR 2015

Answer: B

Explanation:
The correct answer is TUPE: Transfer of Undertakings (Protection of Employment). Details on TUPE can be found on p.115

NEW QUESTION # 147
At what stage of the relationship cycle could you use Carter's 10 Cs?

A. on-boarding
B. development and innovation
C. segmentation and risk management
D. qualification

Answer: D

Explanation:
Carter's 10 Cs are a way to qualify (aka shortlist) a supplier. See p.11 for more details on this and p.10 for the stages of the relationship cycle.

NEW QUESTION # 148
A restricted market is a market where there are only a small number of capable and competent suppliers.
Which of the following is not a reason for a marketplace to be restricted?

A. Low levels of profitability
B. Strong governmental regulation
C. High barriers to entry
D. The product is easy to source elsewhere

Answer: D

Explanation:
The correct answer is 'The product is easy to source elsewhere'. The other three are given as reasons a marketplace might be restricted on p.138. Other reasons also include; brand loyalty, difficult access to distribution channels, and companies colluding.

NEW QUESTION # 149
Which of the following are possible drivers for partnership sourcing? Select THREE.

A. The need to improve performance to satisfy the end customerTo increase production costs and lead- times
B. The marketplace has become more volatile
C. The protection of intellectual property rights
D. Working together will create synergies

Answer: A,B,D

Explanation:
The correct answers are; The marketplace has become more volatile, Working together will create synergies and The need to improve performance to satisfy the end customer. Further Drivers ofPartnership Sourcing can be found on p.127. The other answers are incorrect as entering a partnership won't protect intellectual property rights- in fact that's one of the big risks of entering into a partnership. Partnerships won't increase costs and lead-times, they're likely to decrease them.

NEW QUESTION # 150
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Certification L4M6 Sample Questions: https://www.pass4suresvce.com/L4M6-pass4sure-vce-dumps.html

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