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CIPS L5M7 Exam Syllabus Topics:
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CIPS Achieving Competitive Advantage Through the Supply Chain (L5M7) Sample Questions (Q43-Q48):
NEW QUESTION # 43
The80/20 ruleis also commonly referred to as what?
- A. Supplier Positioning
- B. Pareto Principle
- C. Kraljic Matrix
- D. SWOT Analysis
Answer: B
Explanation:
ThePareto Principlestates that approximately80% of outcomesarise from20% of causes, applied in supply chain analysis to identify key value contributors.
Short cited extract: "Pareto (80/20) - a small number of causes create the majority of effects." (L5M7 Study Guide, p.141) Reference:CIPS L5M7 Study Guide, p.141.
NEW QUESTION # 44
Which of the following can have adetrimental effecton supply-chain relationships?Select TWO.
- A. Low spend
- B. Lack of feedback
- C. Mistrust
- D. Market segment
Answer: B,C
Explanation:
Relationship effectiveness is damaged bymistrustand poorfeedback/communication. Spend level alone is not inherently harmful if expectations are aligned. Short cited terms: "trust," "communication/feedback" (L5M7 Study Guide, p.93).
Reference:CIPS L5M7 Study Guide, p.93.
NEW QUESTION # 45
For items viewed asStrategic/Critical(high supply risk and high value), which sourcing strategy is best?
- A. Competitive bidding
- B. Arm's-length relationship with supplier
- C. Partnership or alliance approach
- D. Outsourcing
Answer: C
Explanation:
TheKraljic Matrixrecommendspartnership/alliancesfor strategic items to secure continuity, innovation, and joint value creation. Short cited term: "strategic items ... partnership" (L5M7 Study Guide, p.84).
Reference:CIPS L5M7 Study Guide, p.84.
NEW QUESTION # 46
Data needs to be collected, measured, and analysed to ensure quality in processes. Which of the following should the data be?
- A. Achievable, Time-bound, and Qualitative
- B. Specific, Measurable, Achievable
- C. Quick, Relevant, and Measurable
- D. Time-bound, Detailed, and Impartial
Answer: B
Explanation:
Effective quality measurement requiresSMART data-Specific,Measurable,Achievable,Relevant, and Time-bound-ensuring that data supports actionable improvement.
Short cited extract: "Data should be SMART to allow accurate performance analysis." (L5M7 Study Guide, p.
140)
Reference:CIPS L5M7 Study Guide, p.140.
NEW QUESTION # 47
RIDDORstatistics provide information on which of the following?
- A. Health and safety
- B. Conformance with specification
- C. Speed of production
- D. Financial standing
Answer: A
Explanation:
RIDDOR(Reporting of Injuries, Diseases and Dangerous Occurrences Regulations) relates tohealth and safetyperformance measurement-tracking workplace incidents and compliance.
Short cited extract: "RIDDOR statistics relate to health and safety reporting." (L5M7 Study Guide, p.141) Reference:CIPS L5M7 Study Guide, p.141.
NEW QUESTION # 48
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