CIPS L4M8 theories Exam Questions With Verified Answers

CIPS L4M8 theories Exam Questions With Verified Answers Carters 10 C's - answerCompetence Capacity Commitment Control Cash Cost Consistency Clean Culture Communication CIPS relationship spectrum - supplier selection - answerAdversarial Arms length Transactional Bespoke Outsourced Strategic Collaborative Partnership Co-destiny / joint venture Carter's Outsource Matrix - answerStrategic Alliance - core Retain - core Eliminate Outsource TIMWOOD - answerTransportation Inventory Motion Waiting Over-processing Over-production Defects Kraljic Matrix - SRM - answerRoutine- low cost impact & low risk Leverage- high cost impact & low risk Bottleneck- low profit impact & high risk Strategic- high profit impact & high risk CIPS code of Conduct - 5 areas - answer1. Bribery & corruption - no gifts 2. Conflict of interest - ethics, due diligence, human rights 3. Continual development 4. Ethical and professional - don't breach confidentiality 5. Full compliance with laws & regs RAQSCI - structures business requirements - answerRegulatory Assurance of Supply Quality Service Cost Innovation RACI - define team roles - answerResponsible Accountable Consulted Informed Porter's 5 Forces - answer*Rivalry among competitors *Threat of new entrants