CIPS Level 2 – Certificate in Procurement andSupply OperationsModule 5 – Inventory, Logistics and ExpeditingSAMPLE EXAM QUESTIONSOBJECTIVE RESPONSE QUESTIONS AND ANSWERSThe correct answer will be identified as [key]1Leading global excellence in procurement and supplyL2M5 Sample Exam Questions Sep 2018
Q1. Which of the following explains the actions involved as part of an efficient expediting system?a. Checking requirements for export of goods from another countryb. Maintaining contact with important suppliers to reduce the likelihood of problems with orders[key]c. Updating users on progress and ensuring speedy release of the purchase orderd. Ensuring invoices are checked and supplier payment is not delayedLO: 3AC: 3.2Q2. Why might an organisation hold safety stock?a.b.c.d.To minimise the risk of stock outs [key]To increase stock recording accuracyTo reduce order and handling costsTo utilise available storage capacityLO: 1AC: 1.1Q3. Which of the following is an example of why an organisation might decide to hold inventory?a)b)c)d)To help production look busyTo maintain service level agreements [key]To make best use of warehousesTo maintain smooth productionLO: 1AC: 1.22L2M5 Exam Exemplar Questions Sep 2018
Q4. A example of system used to control inventory is a.b.c.d.TQMMRP [key]NLPOGMLO: 1AC: 1.3Q5. Drag and drop the correct option into the blank space.can be described as “the management of the flow of goods and services between the pointof origin and the point of consumption in order to meet customer requirements”.Logistics [key], Operations, Organisational success, ProcurementLO: 2AC: 2.1Q6. The rules that are used internationally to define the way in which goods can be purchased are knownas a.b.c.d.land and sea termsopen bordersclosed bordersincoterms 2010 [key]LO: 2AC: 2.33L2M5 Exam Exemplar Questions Sep 2018
Q7. Which of the following documentation would you associate with the transportation of supplies?a.b.c.d.SpecificationConsignment note [key]Purchase orderSupplier catalogueLO: 2AC: 2.5Q8. One of the major problems of transporting goods by sea is a.b.c.d.salt ingresslosing the ship in a stormtime of delivery [key]excessive costLO: 2AC: 2.2Q9. Air freight is often not considered to be an option to transport goods because a.b.c.d.aircraft can crashit is very expensive [key]the pressure at height can damage goodsloading is a problemLO: 2AC: 2.24L2M5 Exam Exemplar Questions Sep 2018
Q10. A stock out may lead to a.b.c.d.better use of warehouse spacereputational damage for the organisation [key]identifying ways to be more efficientincreased value for moneyLO: 3AC: 3.15L2M5 Exam Exemplar Questions Sep 2018
CIPS Level 2 – Certificate in . To maintain service level agreements [key] c) To make best use of warehouses d) To maintain smooth production LO: 1 AC: 1.2 . 3 L2M5 Exam Exemplar Questions Sep 2018 Q4. A example of system used to control inventory is a. TQM b. MRP [key] c. NLP d. OGM LO: 1 AC: 1.3 Q5. Drag and drop the correct option into the blank space. can be described as “the .
CIPS Asia PacificIG Rochester Drive, Level HJ, Singapore, GINLIM TPLK LNFN NMHG FPLK LNFN NMHH Einfosg@cips.org CIPS AustralasiaLevel H, KHF Collins Street, Melbourne, Victoria IFFF, Australia TGIFF MLK GJH/PLG (F)I OLHO LFFF FGIFF MLK GJI/PLG (F)I OLHF KJNN Einfo@cipsa.com.au CIPS MENAOffice GMFI, The Fairmont Hotel, Sheikh Zayed Road, PO Box GGOMMJ, Dubai, United Arab Emirates TPOMG (F)J IGG .
CIPS Level 5 5 Advanced Diploma in Procurement and Supply Ref: 603/3925/1 6\OODEXV Version 1 Fhyzics Business Consultants Pvt. Ltd. An Approved Study Centre of CIPS, UK www.IISCM.org cs@fhyzics.net 91 900-304-9000. Your TXDOLIÂFDWLRQ Next steps 7KLV TXDOL 4FDWLRQ SURYLGHV SURJUHVVLRQ WR WKH CIPS Level 6 Professional Diploma in Procurement and Supply. 5HIHUV WR OHYHOV ZLWKLQ WKH 8. 54 .
The University CIPS Level 3 Programme 2.1. About the CIPS Programme The University’s CIPS Level 3, Advanced Certificate in Procurement and Supply Operations programme is partly funded through the Finance Division. You may apply if you work in one of the University colleges, the University Press or Cambridge Assessment or other associated institution, although funding will be requested from .
Leading global excellence in procurement and supply 1 The Chartered Procurement Professional Duncan Brock, Director, CIPS duncan.brock@cips.org 44 (0)1780 761470 . Leading global excellence in procurement and supply 2 Introducing CIPS Chartered Body Charitable Status Awarding Body Membership Organisation CIPS for Business . Leading global .
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CIPS Position on Practice P&SM: Contract . Management . The activities of a buyer before, durin g and after a contract is signed, to ensure that all parties to the contract understand and fulfil their contractual obligations. CIPS members can record one CPD hour for reading a CIPS Knowledge
Past exam papers from June 2019 GRADE 8 1. Afrikaans P2 Exam and Memo 2. Afrikaans P3 Exam 3. Creative Arts - Drama Exam 4. Creative Arts - Visual Arts Exam 5. English P1 Exam 6. English P3 Exam 7. EMS P1 Exam and Memo 8. EMS P2 Exam and Memo 9. Life Orientation Exam 10. Math P1 Exam 11. Social Science P1 Exam and Memo 12.
L4M3 Sample Exam Questions Dec 2018 . 1 . CIPS Level 4 – Diploma in Procurement and Supply . Module 3 – Commercial Contracting . SAMPLE EXAM QUESTIONS . OBJECTIVE RESPONSE QUESTIONS AND