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CIPS Level 4 Diploma in Procurement and Supply Supplier Relationships

Supplier Relationships

Last Update Jun 15, 2025
Total Questions : 226

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Questions 2

Harry has just entered into a partnership with a key supplier. Although he is excited about the prospect, he thinks it’s a good idea to set some goals and KPIs. Which of the following criteria should Harry use to decide if a KPI is appropriate?

Options:

A.  

Measurable, achievable and relevant

B.  

Relatable, precise, and measurable

C.  

Time bound, difficult and relevant

D.  

Significant, measurable and achievable

Discussion 0
Nell
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Questions 3

The use of technical jargon can result in what?

Options:

A.  

Misunderstanding

B.  

Lack of trust

C.  

Increased price

D.  

Lack of transparency

Discussion 0
Questions 4

How would a buyer measure value for money from a relationship with a new supplier for goods?

Options:

A.  

Audit of how suppliers promise

B.  

Lowest possible cost

C.  

Balance of quality and cost

D.  

Quality and volume of goods

Discussion 0
Questions 5

Which of the following would you use to qualify new suppliers? Select THREE.

Options:

A.  

competency

B.  

cash

C.  

culture

D.  

cooperation

E.  

coordination

Discussion 0

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