Practice L5M7 Exam Online

Question 1

2021-12-07-20-47-31-e2d86f27b567b81e2029955b255da44e

Which of the following will you put into box 2?

A : Strategic

B : Bottleneck

C :

Tactical

D : High Risk

Answer: B

Question 2

Which of the following are advantages of using local sourcing? Select TWO

A :

higher costs

B :

less environmental impact

C :

cheaper

D : flexibility for support and maintenance

E :

higher quality

Answer: B,D

Question 3

An organisation can leverage effective Supply Chain Management to deliver Competitive Advantage. What is meant by Competitive Advantage?

A : Outperforming competitors financially

B : Becoming the leader in the marketplace through working closely with the supply chain

C : A benefit that an organisation can use to out perform competitors in the marketplace

D : Cost savings by narrowing the supply chain

Answer: C

Question 4

Which of the following is an example of a closed-loop supply chain?

A : A farm supplying milk to a diary manufacturer

B :

The extraction of diamonds from a mine which are sold to a jewellery manufacturer

C : The sale of second-hand cars at a retail outlet

D : A retailer which accepts old phones to be given back to the manufacturer

Answer: D

Question 5

Tom is a Procurement Manager and he is looking to complete a project of Supplier Rationalisation. Which of the following would be useful Tom to complete first in order to direct the project?

A : Introduce Six Sigma

B : Total Quality Management

C : SWAT analysis

D : Spend Analysis

Answer: D

Name:	ELECTIVE Achieving Competitive Advantage Through the Supply Chain
Exam Code:	L5M7
Certification:	Level 5 Advanced Diploma in Procurement and Supply
Vendor:	CIPS
Total Questions:	122
Last Updated:	May 13, 2024

CIPS L5M7