CIPS D1 Questions and answers graded A+ 2024

CIPS D1 QuestionsQ1 (a) Define the term 'stakeholder' in relation to an organization. (5 marks) (b) Describe the interests of TWO internal stakeholders of the procurement function. (10 marks) (c) Describe how the TWO internal stakeholders, identified in part (b), might contribute to procurement activities. (10 marks) Q2 (a) Outline THREE pre contract award stages of the sourcing process. (9 marks) (b) Explain FOUR advantages for an organisation of following a structured sourcing process. (16marks) Q3 (a) Explain FOUR advantages for an organisation of adopting a centralised procurement structure. (16 marks) (b) Explain the following IT systems used by the procurement or supply chain function: (i) 'Enterprise Resource Planning' (ii) 'Materials Requirement Planning' (iii) 'Purchase to Pay (P2P)'. (9 marks) Q4 Compare FIVE characteristics of manufacturing sector organizations with those of retail sector organizations. (25 marks) - correct answer Q1 (a) Explain, with examples, the differences between direct and indirect procurement. (10 marks) (b) Explain, in procurement terms, THREE distinctive features of services. (15 marks) Q2 (a) Explain THREE reasons why clearly defining needs adds value in the sourcing process. 9 (b) Describe FOUR types of electronic system that can be used in the sourcing process. (16 marks) Q3 (a) Define the term 'Corporate Governance'. (5 marks) (b) Explain FOUR reasons why it is important to maintain effective governance standards within the procurement function. (20 marks) Q4 (a) Compare a private sector organisation with a public sector organisation in the following THREE areas: (i) Legal and regulatory environments (ii) Organisational objectives (iii) Importance of corporate social responsibility. (15 marks) (b) Describe FIVE ways in which charitable status of a third sector organisation impacts on its procurement functio - correct answer Q1 (a)Outline, using examples, FIVE elements of the total cost of ownership of capital equipment. 10 (b) It is widely believed that it is important to attempt to reduce costs and add value throughout the supply chain. Explain THREE innovative strategies that might achieve such goals. (15 marks) Q2 (a) Explain THREE ways in which electronic systems can be used in the sourcing process. 9 (b) Describe FOUR ways in which added value may be created for a buying organisation through an effective sourcing process. (16 marks) Q3 (a) Explain THREE advantages to an organisation when adopting a devolved procurement structure. (9 marks) (b) Describe FOUR benefits delivered to an organisation by an outsourced procurement function. 16 Q4 Discuss FIVE ways in which the objective of profitability, in a private sector organisation, might impact on its procurement activities. (25 marks) - correct answer Q1 (a) Explain FIVE potential benefits of a supply chain management (SCM) approach to procurement and supply. (20 marks) (b) Outline why supply chain management (SCM) may be unattractive for some organisations. 5 Q2 (a) Explain the activities that could be undertaken by an organisation to identify and appraise potential suppliers as part of a sourcing process. (16 marks) (b) Explain THREE activities that take place post contract award. (9 marks) Q3 (a) Define the term 'ethics'. (5 marks) (b) Discuss FIVE examples of ethical or unethical behaviour that could be addressed in an ethical code for procurement professionals. (20 marks) Q4 Explain FIVE factors that impact on purchasing activities in the retail sector. (25 marks) - correct answer Q1 Explain FIVE differences between operational expenditure and capital expenditure. (25 marks) Q2 (a) Identify the main stages of a sourcing process (also known as the purchasing or procurement cycle). (9 marks) (b) Describe FOUR benefits of using electronic systems in the sourcing process. (16 marks) Q3 (a) Describe the roles typically undertaken within an organisation by: