< Back to resources CIPS L3M1 Questions and Answers PDF part 1 Procurement and supply environments questions to help you pass CIPS L3M1 the first time DOWNLOAD the CIPS L3M1 exam questions and answers CIPS L3M1 Questions and Answers PDF part 1: what can you expect in this pdf? If you are sitting for your …
CIPS L3M1 Questions and Answers PDF part 1 DOWNLOAD Read More »
Introduction Why do some students write pages in exams and still score poorly? It usually comes down to one thing, they don’t develop their points properly. CIPS CR questions or constructed response exams don’t just want you to know the content they also want you to build each point logically and clearly. That’s where the …
CIPS CR Questions Explained – How to Structure 25-Mark Answers Read More »
WHAT ACTUALLY HAPPENS IN CR EXAMS? Here is the reality about CIPS CR exams, most CIPS students don’t fail because they didn’t study. They fail because they don’t know how to turn what they studied into marks. The cycle usually goes something like this; You take your time to finish the syllabus. You are certain …
CIPS L5M2 Definitions you must know Managing supply chain risk or CIPS L5M2 definition of risks, hazards, exposure and risk appetite that you quickly need to remember; Risks: Risk is an effect of uncertainty on objectives and in procurement that means the chances that an event will cause a loss in a given deal or …
CIPS L5M2 Definition of Risks Hazards Exposure and Risk appetite Read More »
Whether you have a logistics management business or work for an organisation when it comes to logistics you need to understand; The difference between planning and control Achieving balance between planning and control Responding to demand Loading, sequencing and scheduling PRACTICAL LOGISTICS MANAGEMENT BUSINESS EXAMPLE Let’s assume you run a 3PL (third-party logistics) company that …
The first assessment criteria of CIPS L3M4 TEAM DYNAMICS AND CHANGE requires you to be in a position to identify the personal attributes required to support overall organisational success Everyone who works for an organisation is responsible for its success or failure, this part of your studies will consider how every staff member in supply …
CIPS L3M4 Personal attributes required to support overall organisational success Read More »
This CIPS L3M2 assessment criteria 1.1 requires you to be in a position to; Define sources of added value Define value for money Apply the five rights to procurements of both products and services Discuss the concept of life time costs The idea here is to understand ways in which procurement obtains what is required …
CIPS L3M2 using techniques to obtain supplies to purchaser’s requirements Read More »
There are 3 major things you need to understand about assessment criteria 1.1, Which requires you to Define the different types and functions of the private sector these are; Definitions and different types of private sector organisations The size and scope of the private sector in different economies Functions of private sector organisations such as: …
CIPS L3M1 Define the different types and functions of the private sector Read More »
By the time you are done reading this your will be in a position to explain: What privity of a contract and the doctrine of privity of a contract means Examples of cases and scenarios showing 3rd party positions in contracts Know the exceptions to the doctrine of privity in contracts What is a contract? …
Truth about privity of a contract and its exceptions Read More »
Introduction Contracts are legally bidding agreements. Which means not all agreements are contracts. There are several ways commercial contracts can be categorized for instance; Spot-purchase contracts Term contracts Framework agreements Call offs Benefits and risks of spot purchases is what we intend to look at here and that means were going to look at spot …
CIPS L3M3 revision Benefits and risks of spot purchases (+Q&A) Read More »
