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| Vendor: | CIPS |
|---|---|
| Exam Code: | L4M6 |
| Exam Name: | Supplier Relationships |
| Exam Questions: | 243 |
| Last Updated: | February 23, 2026 |
| Related Certifications: | Level 4 Diploma in Procurement and Supply |
| Exam Tags: | Professional Level Supply Chain Managers and Procurement Specialists |
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Which one of the following is an advantage of early supplier involvement?
Early supplier involvement highlights supplier strengths and capabilities, enabling collaborative development. This supports innovation and optimizes the procurement process.
Significant differences in corporate cultures can lead to the failure of a partnership relationship between two organisations. Is this statement correct?
Comprehensive and Detailed
Cultural compatibility is crucial in partnership relationships. Differences in corporate culture can lead to misunderstandings, misaligned objectives, and conflicts, ultimately jeopardizing the partnership's success. Therefore, assessing cultural compatibility at the outset is essential.
CIPS L4M6 Study Guide
Which of the following macro-environmental factors can affect supply chains?
STEEPLE is what is used to analyse the macro-environment; the factors are; social, technological, economic, environmental, political, legislative and ethical. Details of this can be found on p.43-44. Note in the exam they won't necessarily be given in this order.
When is partnering a particularly suitable approach to sourcing?
Comprehensive and Detailed
Partnering is most suitable in scenarios involving high-risk contracts, where the complexity, uncertainty, or strategic importance of the procurement necessitates close collaboration between the buyer and supplier. In such cases, a partnership allows for shared risk management, joint problem-solving, and mutual investment in achieving long-term objectives. This approach is less appropriate for low-cost, low-risk, or commoditized items where transactional relationships suffice.
CIPS L4M6 Study Guide
Under which circumstances would a partnership sourcing approach be used?
Partnership sourcing is ideal for high-spend, high-risk situations where collaboration mitigates risks and maximizes value through innovation, efficiency, and trust.
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