| 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: | izabella |
Commodities are items which can be traded on the stock exchange. These are generally divided into four categories. What are these four categories?
A buyer is responsible for the procurement of metals within the raw materials department. The buyer is preparing for next year’s purchase orders and has been asked to confirm the month of order placement. The buyer has found three trends:
In January and April, the supplier's local currency is stronger
November typically has the lowest demand
May typically has the highest demand
Which month should the buyer plan to place the purchase order?
When selecting a supplier on technical merit, its important that the supplier is a good 'functional fit' for the organisation. What is meant by 'functional fit'?
TESTED 04 Apr 2025
