Cips exams4sure pass L4m6 Exam Guide by Noel q84 vce pdf

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Exam Name:	Supplier Relationships
Exam Code:	L4M6 Dumps
Vendor:	CIPS	Certification:	CIPS Level 4 Diploma in Procurement and Supply
Questions:	263 Q&A's	Shared By:	noel

Question 12

Which of the following are advantages of partnering?

Options:

Supply chain consolidation

Continual improvement

Hard to displace

Prioritization of transactions

Discussion

Question 13

Which of the following are typical drivers for a partnership between the buyer and the supplier? Select the THREE that apply.

Options:

The buyer has a high spend with the supplier

There are many suppliers in the market

The product is critical for the buyer

The product is a commodity

The product is technically complex

The supplier provides the product to a buyer's competitor

Discussion

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Question 14

One of the fist stages of designing a Partnership is to come up with joint KPIs. These should be:

Options:

Measurable, achievable and time-bound

Relatable, specific and measurable

Time bound, difficult and relevant

Significant, measurable and achievable