CIPS Procurement and Supply in Practice : L4M8

L4M8 pass collection

Exam Code: L4M8

Exam Name: Procurement and Supply in Practice

Updated: Aug 04, 2026

Q & A: 198 Questions and Answers

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CIPS L4M8 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Supplier Relationship Management20-25%- Supplier performance measurement (KPI, scorecards)
- Risk management in supplier relationships
- Supplier relationship types
- Partnership and collaboration models
- Supplier development and improvement
Topic 2: Ethical and Sustainable Procurement15-20%- Modern slavery and fair trade
- Corporate Social Responsibility (CSR)
- Ethical sourcing considerations
- Supply chain transparency
- Environmental sustainability in procurement
Topic 3: Practical Application Scenarios15-20%- Problem-solving and decision-making
- Case study analysis
- Applying theory to real-world procurement situations
- Recommendation and justification skills
Topic 4: Procurement Process and Procedures25-30%- Contract award criteria
- Purchase ordering and goods receipt
- Requirements gathering and specification
- Procurement cycle stages
- Supplier selection methods
Topic 5: Strategic Sourcing and Category Management20-25%- Spend analysis techniques
- Category segmentation
- Strategic sourcing process
- Supplier segmentation and criticality analysis

CIPS Procurement and Supply in Practice Sample Questions:

1. Which products or services should not be considered for outsourcing, according to Carter's out-sourcing matrix


2. What is a cross function team?


3. Write down a list of assets that belong to an organization with which you are familiar.


4. Maximum Score: 25
(a) Outline the financial data that can be used in the process of supplier selection.
(10 marks)
(b) Explain THREE potential concerns for a buying organisation of selecting a supplier that has a current ratio of 0.67:1. (15 marks) K-cyber Shield Limited
11
Ashton Parsons is a newly appointed procurement specialist for a local government department. He has been recruited in response to a new government programme. The country's national government is currently promoting a programme of engagement with small and medium-size organisations (SMEs), to help build a healthy and diverse economy in the country. All local government departments have been tasked to engage with more local SME suppliers. One significant problem for SME suppliers compared with large national contractors is that they do not have the financial resources and track record of their larger competitors. This engagement programme is intended to change the reliance on just one or two large national contractors in each category of expenditure. In one category of expenditure, for a ten-year contract to supply Information Technology (IT) services to the local government department, a full invitation to tender document is to be issued shortly. Ashton has been asked to begin the sourcing process.
Ashton has received a range of data, including financial data, on one potential local supplier, K-cyber Shield Limited. All the data gathered so far has been received from independent, reliable and trusted sources.
One aspect of the financial data received to date on K-cyber Shield Limited shows that it has, at present, current assets of El 00,000 and current liabilities of El 50,000, giving a current ratio of 0.67:1.


5. What is business case?


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