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Download CIPS Supplier Relationships Exam Dumps
NEW QUESTION 22
Which of the following are considered 'wastes' which can be removed from a business? Select THREE.
- A. Transportation
- B. Inventory
- C. Equity
- D. Over-processing
- E. Stockout
Answer: A,B,D
Explanation:
The seven wastes (as defined by Taiichi Ohno) can be remembered as Tim Wood; transportation, inventory, motion, waiting, over-processing, over-production, defects. Some people add an S onto the end of Tim Wood to make Tim Woods (the s is for skills). In some modules of CIPS, they refer to 8 wastes and include skills, but in M6 they've only put the 7 on p.70.
NEW QUESTION 23
Janet runs a factory which produces 1 million bread rolls every day. It requires a large amount of flour, and for this to be delivered regularly- in time with manufacturing operations. There are very few suppliers in the market place that can deliver the quality of flour Janet requires in the quantities required. Janet has just established a contract with Friendly Flour Limited - what type of supplier is Friendly Flour Limited to Janet?
- A. leverage
- B. bottleneck
- C. routine
- D. strategic
Answer: D
Explanation:
Friendly Flour Ltd is a strategic supplier; this is a critical supplier, responsible for core products. They represent a high risk impact and a high cost impact. This is the top-right hand corner of the Kraljic matrix. There are lots of questions on Kraljic in the exam - do revise this topic and ensure you understand each of the four quadrants of the matrix (see p.20)
NEW QUESTION 24
Which of the following factors would you use to analyse the macro-environment? Select THREE.
- A. cultural
- B. legislative
- C. philosophical
- D. political
- E. social
Answer: B,D,E
Explanation:
STEEPLE is what is used to analyse the macro-environment; the factors are; social, technological, economic, environmental, political, legislative and ethical. Details of this can be found on p.43-44
NEW QUESTION 25
At what stage of the relationship cycle could you use Carter's 10 Cs?
- A. development and innovation
- B. segmentation and risk management
- C. qualification
- D. on-boarding
Answer: C
Explanation:
Carter's 10 Cs are a way to qualify (aka shortlist) a supplier. See p.11 for more details on this and p.10 for the stages of the relationship cycle.
NEW QUESTION 26
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