CIPS Level 4 Module 8 Questions with Verified Answers | Level 4 Diploma in
Procurement and Supply | 2026/2027 | Complete Exam Preparation Study
Guide
Name the 13 stages of the procurement cycle - (ANSWER)1. Understand the need.
2. Market Commodity options.
3. Develop Stratgey/ Plan.
4. Pre-procurement / market test.
5. Develop required documentation.
6. Supplier Selection.
7. Issue invitation to tender.
8. Bid / tender evaluation.
9. Contract Award.
10. Warehouse logistics & receipt.
11. Contract performance review and continuous improvement.
12. Supplier relationships / contract management.
13. Asset management / end of life.
Porters 5 Forces - (ANSWER)*Rivalry among competitors;
*Threat of new entrants;
*Threat of substitute products;
*Bargaining power of buyers;
*Bargaining power of suppliers;
Carters outsource matrix - (ANSWER)Strategic Alliance
Retain
Eliminate
Outsource
,CIPS Level 4 Module 8 Questions with Verified Answers | Level 4 Diploma in
Procurement and Supply | 2026/2027 | Complete Exam Preparation Study
Guide
Carters 10C's - (ANSWER)Competency
Capacity
Consistancy
Control
Cost
Commitment
Cash
Clean
Culture
Communication
The continuous improvement Cycle - (ANSWER)Identify
Plan
Execute
Review
Kraljic Matrix - (ANSWER)Leverage Suppliers
Strategic Suppliers
Routine Suppliers
Bottleneck Suppliers
a requisition can take the following forms - (ANSWER)Verbal
Handwritten
E-mail
Automated
, CIPS Level 4 Module 8 Questions with Verified Answers | Level 4 Diploma in
Procurement and Supply | 2026/2027 | Complete Exam Preparation Study
Guide
Whats is included in a requisition - (ANSWER)Date
Description
Supplier
Quantity
When
Where
Why
Who
Approval
MRP V ERP - (ANSWER)Material resource planning
Enterprise resource planning
Levels of competition - (ANSWER)Perfect competition
monopolistic competition
oligopoly
monopoly
Supplier Segmentation - (ANSWER)Transactional
Collaborative
Strategic
Integrated
Ansoff matrix - (ANSWER)market penetration
Procurement and Supply | 2026/2027 | Complete Exam Preparation Study
Guide
Name the 13 stages of the procurement cycle - (ANSWER)1. Understand the need.
2. Market Commodity options.
3. Develop Stratgey/ Plan.
4. Pre-procurement / market test.
5. Develop required documentation.
6. Supplier Selection.
7. Issue invitation to tender.
8. Bid / tender evaluation.
9. Contract Award.
10. Warehouse logistics & receipt.
11. Contract performance review and continuous improvement.
12. Supplier relationships / contract management.
13. Asset management / end of life.
Porters 5 Forces - (ANSWER)*Rivalry among competitors;
*Threat of new entrants;
*Threat of substitute products;
*Bargaining power of buyers;
*Bargaining power of suppliers;
Carters outsource matrix - (ANSWER)Strategic Alliance
Retain
Eliminate
Outsource
,CIPS Level 4 Module 8 Questions with Verified Answers | Level 4 Diploma in
Procurement and Supply | 2026/2027 | Complete Exam Preparation Study
Guide
Carters 10C's - (ANSWER)Competency
Capacity
Consistancy
Control
Cost
Commitment
Cash
Clean
Culture
Communication
The continuous improvement Cycle - (ANSWER)Identify
Plan
Execute
Review
Kraljic Matrix - (ANSWER)Leverage Suppliers
Strategic Suppliers
Routine Suppliers
Bottleneck Suppliers
a requisition can take the following forms - (ANSWER)Verbal
Handwritten
Automated
, CIPS Level 4 Module 8 Questions with Verified Answers | Level 4 Diploma in
Procurement and Supply | 2026/2027 | Complete Exam Preparation Study
Guide
Whats is included in a requisition - (ANSWER)Date
Description
Supplier
Quantity
When
Where
Why
Who
Approval
MRP V ERP - (ANSWER)Material resource planning
Enterprise resource planning
Levels of competition - (ANSWER)Perfect competition
monopolistic competition
oligopoly
monopoly
Supplier Segmentation - (ANSWER)Transactional
Collaborative
Strategic
Integrated
Ansoff matrix - (ANSWER)market penetration
