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L4M1 Exam Dumps - Scope and Influence of Procurement and Supply

Question # 4

Discuss the importance and role of an organisation’s branding in procurement and supply operations (25 marks)

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Question # 5

Bob is a procurement manager at ABC Ltd. He has been asked to ensure all future purchases achieve ‘value for money’ for the organisation. What is meant by ‘value for money’? (5 points). Describe 4 techniques that Bob could use to achieve this (20 points)

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Question # 6

Describe the key drivers for organisations who operate in the public, private and third sector (25 marks)

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Question # 7

Explain what is meant by added value (5 points). Describe 4 ways the Procurement Department can add value for their organisation (20 points)

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Question # 8

What is meant by the ‘Third Sector’? Describe the sector (10 points) and explain the main objectives of organisations who operate in this sector (15 points).

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Question # 9

Explain the impact that having a Corporate Governance Framework can have on the policies and processes of the procurement department (25 points)

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Question # 10

What is meant by Stakeholder Mapping? Describe a tool that can be used by a Procurement Professional to map the stakeholders at their organisation (25 points)

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Question # 11

Describe regulation that govern the Public Sectors and explain how this may impact upon procurement activities (25 marks).

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Question # 12

Describe the CIPS Code of Conduct providing examples of how an organisation can ensure compliance with the standard (25 points)

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