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Exam Name:	Ethical and Responsible Sourcing
Exam Code:	L4M4 Dumps
Vendor:	CIPS	Certification:	CIPS Level 4 Diploma in Procurement and Supply
Questions:	180 Q&A's	Shared By:	aniyah

Question 20

A buyer for a large manufacturing organisation is assessing a sole supplier tender opportunity. The buyer is finding it challenging to differentiate the proposals on unit purchase price. Are there any added values that the procurement manager can use to leverage the sole supplier proposal?

Options:

Yes, but only if the buyer decides to re-start the tender opportunity

No, the buyer must make the decision based on the existing information

No, because a buyer has no leverage over a sole supplier

Yes, the buyer can negotiate on aspects such as after-sales service

Discussion

Question 21

Ji Yuan is a procurement manager who is looking for a new supplier to complete reactive maintenance activities throughout his property portfolio. The reactive maintenance will include an array of plumbing tasks as well as fixing electrical items. Suppliers therefore need to be extremely skilled and knowledgeable about a variety of tasks. Ji Yuan has done some initial research and doesn't believe that there are many suppliers who can complete this type of contract. What type of tender should he use?

Options:

negotiated

restricted

open

competitive dialogue

Discussion

Question 22

Commodities can be traded on a stock exchange and are generally divided into one of four categories. Which of the following is not one of these four categories?

Options:

energy

livestock

metals

plastics

Discussion

Question 23

When using a 'credit account' payment mechanism, when does a supplier receive payment for the goods?

Options:

after delivery

in advance of delivery

when they receive the PO

before the order is placed

Discussion

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