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CIPS L4M6 Exam Dumps (V10.02) - Ultimate Guide to Exam Preparation

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Preparing for the Supplier Relationships L4M6 exam can be a daunting challenge, requiring the right study materials to ensure success. DumpsBase offers the latest L4M6 exam dumps (V10.02), with reliable and effective exam questions, covering the key exam topics. Access the latest CIPS L4M6 exam dumps at DumpsBase and take the first step toward acing your CIPS L4M6 exam. #L4M6

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Supplier Relationships

,1.Which of the following are typical drivers for a partnership between the buyer and
the supplier? Select the THREE that apply.
A. The buyer has a high spend with the supplier
B. There are many suppliers in the market
C. The product is critical for the buyer
D. The product is a commodity
E. The product is technically complex
F. The supplier provides the product to a buyer’s competitor
Answer: A,C,E


2.Which of the following options are legitimate reasons for terminating a contract?
Select TWO that apply.




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A. You ordered 10,000 items instead of 1,000




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B. One of the contracted parties has clearly failed to perform its duties




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C. There has been a serious breach of contract terms




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D. Your internal stakeholder requested the wrong items




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E. Your MRP system placed a replenishment order that you do not need


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Answer: B,C ui
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3.Products or services that are more suitable for partnership sourcing match which of
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the following criteria?
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A. 1 and 2 only
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B. 2 and 3 only
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C. 1 and 3 only
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D. 2 and 4 only
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Answer: A
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4.Stephen Jones is assessing the relationships he has with his supplier base.
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Which of the following would be drivers for Stephen to adopt a partnership
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relationship with a supplier?
A. 1 and 2 only
B. 2 and 3 only
C. 1 and 4 only
D. 2 and 4 only
Answer: D


5.Sugar Doughnut Ltd has a jam supplier that they have used successfully for over
ten years. They have made investments in the supplier’s factory to support them with
capital equipment upgrades in return for cost reduction on jam. The two companies

, also collaborate on bids for large supermarkets when looking to supply doughnuts
and work together on quality improvements.
No contracts exist between the two companies. Could this relationship be said to be a
partnership relationship?
A. No, because contracts do not exist between the two companies
B. No, because they have only worked together for ten years
C. Yes, because they have demonstrated close collaboration on various projects
D. Yes, because they both operate in the food sector
Answer: C


6.A company supplies IT equipment and buys most of its components from first-tier
suppliers in the UK. It wants to analyze its supply market to develop the supply chain




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and is going to review the main factors that have an influence. The company wants to




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use the STEEPLED external environmental analysis framework to achieve the best




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result.




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Which of the following STEEPLED factors is most likely to have the greatest effect?




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A. Sociocultural


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B. Technological de
C. Economic
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D. Ethical
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Answer: B
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7.An amicable style approach to ending a buyer-supplier relationship would be most
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appropriate in which of the following circumstances?
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A. 1 and 2
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B. 1 and 3
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C. 3 and 4
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D. 1 and 4
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Answer: A
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8.When a large organization partners with a small supplier to develop new
technology, it is necessary for regular communication.
Is this statement true?
A. No, because partnerships do not require regular communication during
development of new technology
B. Yes, because partnerships require regular communication to succeed in meeting
mutual objectives
C. Yes, because a small supplier must be told what to do and when, because they
have fewer employees
D. No, because regular communication will stop a small supplier from doing their work
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