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CIPS L4M4 New Questions - L4M4 Reliable Dumps Questions

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Free PDF 2025 Unparalleled CIPS L4M4: Ethical and Responsible Sourcing New Questions

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CIPS L4M4 Exam Syllabus Topics:

Topic
Details

Topic 1

Understand compliance issues when sourcing from suppliers: It explores legislative, regulatory, and organizational requirements for sourcing. It compares the use of audit and other mechanism of feedback.

Topic 2

Understand the key processes that can be applied to the analysis of potential external suppliers:

Topic 3

This section examines analyzing market data, obtaining quotations
tenders, and assessing responses. The sub-topics focus on key processes for evaluating potential suppliers.

Topic 4

Understand options for sourcing requirements from suppliers: This section covers the sourcing process, approaches, options, and award criteria for obtaining requirements from suppliers. The sub-topics provide a foundation for strategic sourcing.

CIPS Ethical and Responsible Sourcing Sample Questions (Q107-Q112):

NEW QUESTION # 107
Which of the following are remedial actions that may be undertaken by the purchasing organisation following a supplier audit? Select the TWO that apply.

A. Employing the supplier's staff for job training
B. Daily brainstorming meetings with the supplier
C. Violating the terms of the supplier contract
D. Running supplier development programmes
E. Define specific corrective actions for the supplier

Answer: D,E

Explanation:
Defining corrective actions and running supplier development programs are effective remedial actions following an audit. These approaches support continuous improvement, aligning with responsible sourcing by helping suppliers meet ethical and performance standards.

NEW QUESTION # 108
Guillerme is a Category Manager within the procurement department of a Manufacturing company. In his Category there are 200 items he procures, and he has recently undertaken an ABC analysis of these. Which of the following items would be C category items?

A. strategic sourcing
B. one-off purchases
C. high value items
D. tail spent

Answer: D

Explanation:
The C category is the 'tail spend' - it represents a large number of suppliers of small value items.
I recommend giving this a read ABC Classification & ABC Method | CIPS

NEW QUESTION # 109
When working closely with a supplier, waste can be reduced which can lead to improved business functions and cost savings. Which of the following are wastes that can be removed from the supply chain? Select THREE.

A. Waiting
B. Motion
C. Over-analyzing
D. Barriers
E. Inventory

Answer: A,C,E

Explanation:
The correct answers are; motion, waiting and inventory.
This is part of Ohno's 8 Wastes. You can remember this with the acronym Tim Woods; transportation, inventory, motion, waiting, over-production, over-processing, defects, skills.
This is only mentioned briefly in this module but comes up in other modules more in depth, so is worth memorising if you can.

NEW QUESTION # 110
Which of the following items would you expect to find on a balance sheet? Select THREE

A. gross product sales
B. stockholders' equity
C. current liabilities
D. net product sales
E. current assets

Answer: B,C,E

Explanation:
current assets, current liabilities and equity can be found on a balance sheet. Net and gross sales will be found on a profit and loss account.

NEW QUESTION # 111
ABC Ltd works with supplier XYZ Ltd who uses a variety of subcontractors. ABC has recently learned of an ethical breach being committed by one of XYZ's subcontractors. What should ABC do?

A. Terminate the contract
B. Seek compensation
C. Research alternative suppliers
D. Recommend remedial action

Answer: D

Explanation:
ABC should do a 'root cause analysis' to find out where the issue has come about, and why. From there, once they know what the breach is and how serious it is, they can suggest corrective action.
They can't jump straight to terminating the contract or seeking damages as it's not the supplier itself but rather the subcontractor. Also that would be really hasty considering we don't know what the issue is and what the market conditions are like. That supplier may be the only one who can provide the product. We also don't know if the supplier knows about the issue themselves.

NEW QUESTION # 112
......

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