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CIPS L4M8 LO2 Questions and Answers with complete solution
CIPS L4M8 LO2
CIPS L4M8 LO2
what are the stages of ordering? - Answer-1) user need 2) raise requisition 3) approved process 4) issue PO 5) receive goods/service 6) approve invoice what are the stages of sourcing? - Answer-1) understand the need 2) develop strategy 3) raise requisition 4) source suppliers 5) issue ITT/RFQ 6) negotiate and award contract 7) SRM/contract management in what locations can sourcing take place? - Answer-- localised - regional - national - global what factors does the buyer need t...
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