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Get All Achieving Competitive Advantage Through the Supply Chain Exam Questions with Validated Answers
| Vendor: | CIPS |
|---|---|
| Exam Code: | L5M7 |
| Exam Name: | Achieving Competitive Advantage Through the Supply Chain |
| Exam Questions: | 88 |
| Last Updated: | October 30, 2025 |
| Related Certifications: | Level 5 Advanced Diploma in Procurement and Supply |
| Exam Tags: | Advanced Procurement and Supply Chain ProfessionalsSourcing Specialists |
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Which type of relationship seeks greater commitment and preferential treatment through exclusivity?
Single-sourcing builds exclusive, strategic relationships with one supplier to secure priority service and joint improvement opportunities.
Short cited extract: ''Single-sourcing -- exclusivity to gain stronger commitment and collaboration.'' (L5M7 Study Guide, p. 81)
In a confectionery factory, quality inspection occurs before packaging. If a product is found defective, which type of cost of quality is incurred?
Defects discovered before dispatch are classified as internal failures, including rework, scrap, or re-inspection.
Short cited term: ''internal failure = defects found before reaching customer.'' (L5M7 Study Guide, p. 128)
In a typical Supply Chain Quality Framework (SCQF), which of the following characteristics is likely to feature?
Select THREE.
The SCQF integrates factors that promote long-term excellence across the chain: leadership, stakeholder commitment, sustainability, information management, and continuous improvement. These underpin effective quality and performance.
Short cited term: ''key features include sustainability, information and continuous improvement.'' (L5M7 Study Guide, p. 34)
The 5S Methodology is an organisational system to ensure workplace cleanliness and efficiency. Under which principle does it fall?
The 5S Methodology---Sort, Set in order, Shine, Standardise, Sustain---originates from Lean philosophy to promote efficiency and discipline in operations.
Short cited extract: ''5S -- a Lean technique for organisation and cleanliness in the workplace.'' (L5M7 Study Guide, p.166)
A strategy in which an organisation concentrates its resources on a narrow market or industry segment is which of Porter's Generic Strategies?
Porter's Focus Strategy involves targeting a niche market to meet unique needs better than competitors.
Short cited term: ''focus -- targeting a narrow market segment'' (L5M7 Study Guide, p. 52).
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