CIPS L4M6 Supplier Relationships Online Training
CIPS L4M6 Online Training
The questions for L4M6 were last updated at Apr 21,2025.
- Exam Code: L4M6
- Exam Name: Supplier Relationships
- Certification Provider: CIPS
- Latest update: Apr 21,2025
A local government procurement team is undertaking a full review of their current internal working processes. The team of buyers currently have a partnership-style relationship with their routine suppliers.
Is this the best relationship style to use?
- A . No, as there are many suppliers available
- B . No, as these are critical items to the buying organization
- C . Yes, as they present a great deal of risk to the organization
- D . Yes, as these are low-value items
A software developer is seeking to develop a new fitness trends app. They are looking to create a contract with a fitness expert to give advice on the type of changing fitness trends.
What agreement should the app developer aim to achieve?
- A . Quality-based relationship
- B . Traditional contracting relationship
- C . Partnering relationship
- D . Cost-based relationship
When overcoming stakeholder resistance in a procurement-led project, which of the following groups would have the highest level of influence on other stakeholders?
- A . 2 and 3 only
- B . 1 and 4 only
- C . 1 and 2 only
- D . 3 and 4 only
A company is relocating its manufacturing base to a low-cost country and is considering a partnership with a local supplier for its key components rather than a tender process. Although there are some concerns regarding confidentiality and component competitiveness, the procurement director is recommending a partnership strategy to the board of directors. The recommendation is based on a range of advantages including, but not limited to, gaining local market knowledge.
Is this a valid recommendation?
- A . No, because confidentiality risk will be higher in a partnership
- B . Yes, as intellectual property costs will be lower in a partnership
- C . No, local market knowledge is guaranteed in a tender process
- D . Yes, as investment costs can be shared in a partnership
An automotive company has hired Tom as the procurement manager. Tom is to manage a team of two people who have worked in the department for a number of years. Conflict exists between the two members of staff due to an overlap of responsibilities.
Which of the following processes would be most appropriate for Tom to use to reduce this conflict?
- A . Tom could avoid mentioning the conflict and hope that it is resolved without action
- B . Tom could hire an additional member of staff to take on some of the duties
- C . Tom could restructure the team so both members do not have to work together
- D . Tom could arrange a meeting and set performance targets for each member
A common reason attributed to many partnerships failing is …
- A . A bad advertising campaign
- B . Not winning every contract they bid for
- C . No contract being in place
- D . Poor communication
Which of the following are advantages for the buyer of early supplier involvement with the buyer’s product development team?
- A . 1 and 2 only
- B . 1 and 3 only
- C . 2 and 3 only
- D . 2 and 4 only
Philip is working with a supplier where the annual spend is low but the market risk is high.
What portfolio analysis category would be appropriate?
- A . Strategic
- B . Leverage
- C . Non-critical
- D . Bottleneck
A buyer is intending to purchase a new product for their business; however, the market has a large number of suppliers.
What would be the most beneficial way for them to initially narrow down the supply options?
- A . Look at lowest-cost suppliers only
- B . Predefine minimum standards suppliers must meet
- C . Go only to companies they have bought other products from
- D . Preselect companies who have the largest market share
Which one of the following is an advantage of early supplier involvement?
- A . Supplier is responsible for all intellectual property risks
- B . Large investment in supplier communications
- C . Understanding of supplier capabilities
- D . No need for supplier non-disclosure agreements
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