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L6M1시험패스인증덤프시험준비에가장좋은인기시험덤프샘플문제

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CIPS L6M1 시험요강:

주제	소개
주제 1	Understand and apply communication planning techniques: This section measures the skills of Communications Managers and focuses on evaluating influencing styles that can be used in the effective leadership of a supply chain. It covers implementing a vision of improved procurement, models for managing in different directions, and influencing styles for cross-functional leadership. A key skill measured is implementing a vision of improved communication.
주제 2	Understand and apply ethical practices and standards: This section measures the skills of Regulatory Compliance Managers and assesses regulations that impact the ethical employment of people.
주제 3	Compare leadership techniques: This section measures the skills of Stakeholder Engagement Managers and evaluates how to create a communication plan to influence personnel in the supply chain. It covers stakeholder analysis, how to obtain buy-in to supply chain strategies, and the use of the Internet for publishing information. A key skill measured is obtaining stakeholder buy-in effectively.
주제 4	Understand and apply leadership skills and behaviors: This section measures the skills of Procurement Managers and focuses on critically evaluating the differences between leadership and management. It covers defining leadership roles, the importance of leadership, situational leadership, and transformational leadership. A key skill measured is differentiating leadership and management approaches effectively.

 

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최신 CIPS Level 6 Professional Diploma L6M1 무료샘플문제 (Q41-Q46):

질문 # 41
SIMULATION
Zoe has recently formed a cross-functional team to work on a new secret project called Project X. There are 8 members of Project X and these members have different ages, cultural backgrounds, lengths of service at the company and personalities.
Discuss 5 reasons why teams can fail, relating these to potential issues Zoe may face with her team, and discuss ways Zoe can overcome them. (25 points)

정답：

설명：
See the Answer is the explanation
Explanation:
Why Teams Fail: Challenges in Cross-Functional Teams and Solutions for Zoe's Project X Cross-functional teams, such as Zoe's Project X team, bring together diverse skills, perspectives, and experiences. While this diversity can foster innovation, it also presents challenges that can lead to team failure if not managed properly. Below are five key reasons why teams fail, how these issues may arise in Project X, and how Zoe can overcome them.
1. Lack of Clear Goals and Direction
How This Affects Project X:
If Zoe does not establish clear objectives, deliverables, and expectations, team members may work in different directions, leading to inefficiencies and frustration. Given that Project X is secret, the lack of transparency may cause confusion and disengagement.
Solution:
✔ Clearly define the project's mission, objectives, and success criteria at the outset.
✔ Use SMART goals (Specific, Measurable, Achievable, Relevant, Time-bound) to set expectations.
✔ Hold regular briefings to ensure all team members understand their role in the project.
2. Poor Communication
How This Affects Project X:
With team members from different backgrounds, experience levels, and personalities, communication styles may vary. Some may hesitate to share ideas, while others may dominate discussions. This can lead to misunderstandings, silos, and frustration.
Solution:
✔ Establish clear communication channels, such as scheduled meetings, email updates, and collaboration tools (e.g., Slack, Microsoft Teams).
✔ Foster an open communication culture where all members feel comfortable sharing ideas.
✔ Encourage active listening to ensure all voices are heard.
3. Conflict and Personality Clashes
How This Affects Project X:
Diversity in age, culture, experience, and personalities can cause friction. Senior employees may resist younger members' ideas, while different working styles may lead to disagreements. If conflicts go unmanaged, the team can become dysfunctional.
Solution:
✔ Conduct team-building exercises to build rapport and understanding among members.
✔ Implement a conflict resolution strategy, ensuring disputes are addressed constructively.
✔ Encourage a collaborative mindset, where team members focus on shared goals rather than personal differences.
4. Lack of Trust and Team Cohesion
How This Affects Project X:
If team members do not trust each other or the leader, they may be reluctant to share ideas, take risks, or collaborate. The secrecy of Project X may also create skepticism and uncertainty among members.
Solution:
✔ Foster psychological safety, where team members feel safe sharing ideas without fear of judgment.
✔ Encourage transparency by sharing relevant information about the project whenever possible.
✔ Organize team bonding activities to strengthen relationships and build trust.
5. Ineffective Leadership
How This Affects Project X:
If Zoe fails to lead effectively, team members may feel disengaged, unsupported, or micromanaged. A lack of clear decision-making can result in delays and frustration.
Solution:
✔ Zoe should adopt a situational leadership style, adjusting her approach based on team needs.
✔ Balance guidance with autonomy, ensuring team members feel empowered but supported.
✔ Regularly recognize and appreciate team members' contributions to boost morale.
Conclusion
For Project X to succeed, Zoe must proactively address these common team failures by setting clear goals, fostering strong communication, managing conflicts, building trust, and leading effectively. By implementing these strategies, she can ensure her cross-functional team remains engaged, motivated, and productive, driving Project X to success.

 

질문 # 42
SIMULATION
What is meant by ethical supply chain management? (5 points). Discuss how the following can impact upon a supply chain and ways a supply chain manager can mitigate the risks: corporate governance, bribery and corruption, insider trading and discrimination (20 points)

정답：

설명：
See the Answer is the explanation
Explanation:
Overall explanation
Below you will find how you can plan and draft the essay. Remember this is an example of one way you could approach the question. At Level 6 the questions are much more open so your response may be completely different and that's okay.
Essay Plan
Intro - ethical supply chain management = environment, society and wellbeing of stakeholders P1 - corporate governance P2 - bribery and corruption P3 - insider trading P4 - discrimination Conclusion - Upholding these ethical principles not only benefits the organization but also contributes to a more just and responsible global business environment.
Example Essay
Ethical supply chain management involves the integration of ethical principles and practices into every aspect of a supply chain's operations. It focuses on ensuring that the supply chain not only meets its goals of efficiency, cost-effectiveness, and profitability but also operates in a manner that is socially responsible and aligned with moral values. Ethical supply chain management aims to create value while considering the impact on the environment, society, and the well-being of all stakeholders involved, particularly those that have traditionally been exploited or marginalised. Supply chain managers play a pivotal role in establishing and upholding ethical standards within the supply chain.
Corporate Governance:
Corporate governance refers to the framework of rules, practices, and processes by which a company is directed and controlled. It encompasses the relationships among the company's management, its board of directors, shareholders, and other stakeholders. Supply chain managers should ensure that their organization's corporate governance practices are transparent, accountable, and aligned with ethical standards.
For example, the Enron scandal in the early 2000s serves as a stark reminder of the consequences of poor corporate governance. Enron's executives engaged in unethical and fraudulent practices, leading to the company's collapse. This scandal highlighted the importance of transparent corporate governance to prevent such lapses.
Supply chain managers can contribute to ethical corporate governance by establishing mechanisms for transparency, accountability, legal compliance, and ethical oversight within the supply chain.
Bribery and Corruption:
Bribery involves the offering, giving, receiving, or soliciting of something of value with the aim of influencing the actions of an official or other person in a position of authority. Corruption, on the other hand, encompasses a broader range of dishonest or unethical behaviour, including bribery, embezzlement, and abuse of power. Supply chain managers must actively combat bribery and corruption within the supply chain.
One prominent example of bribery and corruption in the supply chain is the case of the Brazilian construction giant Odebrecht. The company was involved in a vast bribery scheme across Latin America, implicating high-ranking politicians and business leaders. This case underscores the far-reaching consequences of unethical practices within the supply chain.
To mitigate the risk of bribery and corruption, supply chain managers should implement anti-bribery policies, conduct due diligence on suppliers, establish reporting mechanisms, and regularly audit and monitor the supply chain for compliance.
Insider Trading:
Insider trading involves trading securities based on non-public, material information. It is a form of market abuse that undermines fairness and transparency in financial markets. Supply chain managers should address insider trading risks within the organization.
A well-known example of insider trading is the case of Martha Stewart, the American businesswoman and television personality. Stewart sold her shares in a pharmaceutical company, ImClone Systems, based on non-public information about the FDA's impending rejection of the company's drug application. She was later convicted of insider trading.
To prevent insider trading, supply chain managers can limit access to sensitive information, educate employees about insider trading laws, establish monitoring and reporting mechanisms, and ensure legal compliance.
Discrimination:
Discrimination involves treating individuals unfairly or unequally based on their characteristics, such as race, gender, age, or disability. Discrimination within the supply chain can have detrimental social and legal consequences.
To combat discrimination, supply chain managers should promote equal opportunity, implement diversity initiatives, conduct training and awareness programs, and enforce non-discrimination policies throughout the supply chain.
In conclusion, ethical supply chain management is integral to an organization's overall sustainability and reputation. Supply chain managers should actively manage ethics in areas such as corporate governance, bribery, corruption, insider trading, and discrimination to ensure that the supply chain operates ethically, complies with legal standards, and aligns with moral values. Upholding these ethical principles not only benefits the organization but also contributes to a more just and responsible global business environment.
Tutor Notes
- For a higher score you should mention some of the legislation surrounding these areas:
- Corporate Governance = Companies Act 2006: This legislation lays out the statutory duties of company directors and officers, addresses corporate governance issues, and provides requirements for financial reporting, disclosure, and shareholder rights.
- Corporate Governance = UK Corporate Governance Code: Although not a law, this code issued by the Financial Reporting Council (FRC) sets out principles of good corporate governance that UK-listed companies are encouraged to follow. It provides guidelines on board composition, transparency, accountability, and more.
- Bribery and Corruption: Bribery Act 2010: This act is the primary legislation governing bribery and corruption in the UK. It introduced strict anti-bribery provisions, including criminal offenses related to bribery, both domestically and internationally.
- Insider Trading: Criminal Justice Act 1993: Part V of this act includes provisions related to insider dealing (insider trading) offenses. It criminalizes the misuse of insider information in relation to securities and other financial instruments.
- Discrimination: Equality Act 2010: This comprehensive legislation addresses discrimination on various grounds, including age, disability, gender, race, religion or belief, sexual orientation, and gender reassignment. It provides protection against discrimination in employment, education, housing, and other areas of public life.

 

질문 # 43
SIMULATION
Tom is a Supply Chain manager working in the automobile manufacturing industry in the UK. He has recently completed an analysis of his supply chain and is considering implementing strategies to encourage supply chain diversity, particularly around inclusivity of SMEs (small to medium sized enterprises).
Discuss a variety of strategies that Tom could employ to achieve supply chain diversity. (25 points)

정답：

설명：
See the Answer is the explanation
Explanation:
Overall explanation
Below you will find how you can plan and draft the essay. Remember this is an example of one way you could approach the question. At Level 6 the questions are much more open so your response may be completely different and that's okay.
Essay Plan
Intro - what is supply chain diversity?
1. Supplier diversity program and targets
2. Help SMEs build capacity to work with Tom
3. Collaboration and networking
4. Provide financial help
5. Uncomplicate procurement processes to allow SMEs to bid easier
Conclusion - supply chain diversity benefits the industry as a whole
Example Essay
Supply chain diversity refers to the practice of intentionally including a variety of suppliers from different backgrounds, ownership structures, and demographics in a company's supply chain. It is a win-win approach to supply chain management. The primary goal of supply chain diversity is to promote fairness, equality, and inclusivity within the supply chain, while also reaping the benefits of a diverse supplier base. Tom, as a Supply Chain manager, can employ several strategies to encourage supply chain diversity, with a specific focus on inclusivity for SMEs:
Supplier Diversity Programmes and Targets: Implementing a supplier diversity program is a proactive step to encourage SME participation in the supply chain. Tom can establish clear goals and guidelines for procurement such as encouraging bids from diverse suppliers, including SMEs, minority-owned, women-owned, and disabled-owned businesses. These programs can set targets and track progress to ensure inclusivity. One example would be to set a target of X number of suppliers being SMEs.
Capacity Building and Training: Tom can work with SMEs to build their capacity and capabilities to meet the requirements of the automobile manufacturing industry. This could involve providing training, mentorship, and resources to help SMEs meet quality, safety, and compliance standards. By investing in their development, SMEs can become more competitive suppliers.
Supplier Collaboration and Networking: Encouraging collaboration and networking among suppliers can create a supportive ecosystem for SMEs. Tom can organize events, workshops, and forums where SMEs can connect with larger suppliers and industry experts. Building these relationships can lead to partnerships and subcontracting opportunities, enabling SMEs to enter the supply chain.
Supplier Development Funds: Allocating funds specifically for supplier development can be a powerful incentive. Tom can establish a fund to help SMEs invest in equipment, technology, and process improvements necessary to meet the manufacturing industry's demands. These funds can be offered as grants, low-interest loans, or equity investments.
Streamlined Procurement Processes: Simplifying and streamlining the procurement process can make it easier for SMEs to participate in tendering opportunities. Tom can reduce bureaucratic hurdles and provide clear guidelines for SMEs to bid for contracts. In the automotive industry, suppliers are often required to have a certain cash flow and metrics such as gearing ratios. By reducing the financial requirements to bid for a contract, this would allow more SMEs to apply to work with Tom's company. Moreover digitizing procurement processes can also enhance accessibility and transparency, making it more SME-friendly.
In addition to these strategies, Tom should ensure that diversity and inclusivity considerations are integrated into the organization's overall supply chain strategy and corporate culture. This includes regular monitoring and reporting on diversity metrics, encouraging supplier diversity as a key performance indicator, and promoting awareness and education on diversity and inclusivity among employees and suppliers. By implementing supplier diversity strategies, Tom can foster a more inclusive and diverse supply chain in the UK's automobile manufacturing industry, benefiting not only SMEs but also the industry as a whole through enhanced innovation, competitiveness, and sustainability.
Tutor Notes
- I don't think the study guide covers supply chain diversity as well as it could. This question is taken from p. 204. Other options they mention in the book include; changing the organisational culture, getting commitment from senior leaders, integrating diversity into the corporate vision and joint ventures with SMEs.
- However there are a lot of really interesting online resources about supply chain diversity and the benefits. And some really good case stories about it. I'd recommend reading: Increasing SME Participation in Supply Chains - Deecon Consulting and looking at the Federation of Small Businesses FSB The Federation of Small Businesses | FSB, The Federation of Small Businesses also this initiative is really innovative: Support your SME supply chain - Heart of the City (theheartofthecity.com)

 

질문 # 44
SIMULATION
Assess the suitability of the Visionary leadership style in relation to the procurement function of an organisation (25 points)

정답：

설명：
See the Answer is the explanation
Explanation:
Introduction
Leadership plays a crucial role in shaping the procurement function within an organization, influencing strategic decisions, supplier relationships, and overall operational efficiency. One of the most impactful leadership styles is Visionary Leadership, characterized by the ability to inspire, motivate, and guide an organization toward a long-term strategic vision. In the context of procurement, where efficiency, cost management, ethical sourcing, and supplier collaboration are critical, the suitability of a visionary leader can significantly impact the success of procurement strategies.
This essay assesses the suitability of the Visionary Leadership Style in procurement by exploring its characteristics, advantages, challenges, and its impact on various aspects of procurement functions.
Understanding Visionary Leadership
A visionary leader is someone who has a clear and compelling vision of the future and possesses the ability to motivate teams and stakeholders to work towards achieving that vision. This leadership style is associated with strategic foresight, innovation, adaptability, and strong communication skills. Visionary leaders focus on long-term goals rather than short-term fixes and inspire procurement teams to align their objectives with the broader mission of the organization.
Key Characteristics of Visionary Leadership
Strategic Foresight - The ability to anticipate future trends, risks, and opportunities in procurement and supply chain management.
Inspirational Communication - The ability to effectively convey a vision, ensuring team members and stakeholders are aligned with procurement strategies.
Adaptability and Innovation - Encouraging new technologies, digital procurement solutions, and sustainable sourcing practices.
People-Centric Approach - Focusing on team empowerment, supplier collaboration, and ethical procurement practices.
Long-Term Focus - Prioritizing sustainability, strategic supplier partnerships, and risk mitigation over short-term cost-cutting measures.
The Suitability of Visionary Leadership in Procurement
1. Enhancing Strategic Procurement Planning
Procurement is not just about purchasing goods and services; it is a strategic function that directly impacts an organization's cost efficiency, risk management, and competitive advantage. A visionary leader ensures that procurement aligns with the organization's long-term business goals, such as:
Sustainable sourcing to meet corporate social responsibility (CSR) objectives.
Digital transformation in procurement (e.g., AI-driven supplier selection, blockchain for transparency).
Supplier diversification to mitigate geopolitical and supply chain risks.
By setting a clear strategic direction, a visionary leader ensures procurement teams focus on innovation, risk mitigation, and value creation rather than just cost-cutting.
2. Driving Supplier Relationship Management (SRM)
One of the most critical functions of procurement is managing supplier relationships effectively. Visionary leaders recognize that strong long-term partnerships with suppliers are more beneficial than short-term cost reductions. They emphasize:
Collaboration over transactional relationships - Developing mutually beneficial relationships with key suppliers.
Ethical and sustainable procurement - Ensuring suppliers adhere to fair labor practices, environmental sustainability, and legal compliance.
Innovation through supplier partnerships - Encouraging suppliers to introduce new technologies, automation, and process improvements.
A visionary leader in procurement fosters trust and cooperation with suppliers, ensuring that procurement decisions align with both business goals and ethical standards.
3. Encouraging Innovation and Technology Adoption in Procurement
The procurement function is evolving rapidly due to technological advancements. Visionary leaders drive the adoption of:
E-procurement systems to enhance efficiency and transparency.
Data analytics and AI for supplier evaluation and risk management.
Blockchain technology for improving supply chain traceability and contract enforcement.
Sustainability-focused procurement models, such as circular supply chains to reduce waste.
By embracing digital transformation, visionary leaders modernize procurement operations, making them more agile, cost-effective, and resilient.
4. Building an Agile and Motivated Procurement Team
A key responsibility of procurement leaders is to develop talent and foster a high-performance culture. Visionary leaders:
Empower procurement teams by promoting continuous learning and professional development.
Encourage innovation in procurement strategies.
Foster an inclusive and collaborative work culture, which increases motivation and efficiency.
For instance, a visionary procurement leader may encourage procurement professionals to develop negotiation skills, data analysis competencies, and sustainability knowledge, ensuring that the team is well-equipped for future challenges.
5. Managing Risks and Uncertainties in Procurement
Procurement leaders must deal with global supply chain disruptions, price fluctuations, and geopolitical risks. A visionary leader is proactive in identifying and mitigating risks by:
Developing a diversified supplier base to reduce dependency on a single source.
Implementing contingency planning and supply chain resilience strategies.
Using predictive analytics to anticipate market shifts and adjust procurement strategies accordingly.
For example, during the COVID-19 pandemic, visionary procurement leaders ensured supply chain continuity by quickly pivoting to alternative suppliers and leveraging digital procurement solutions.
Challenges of Visionary Leadership in Procurement
Despite its many advantages, visionary leadership also presents challenges in a procurement environment, including:
Slow Decision-Making in Urgent Situations
While visionary leaders focus on the long-term, procurement often requires quick decision-making during supply chain disruptions or urgent purchasing needs.
A balance between strategic foresight and operational efficiency is necessary.
Resistance to Change from Stakeholders
Employees and suppliers may resist new procurement technologies, sustainability policies, or process changes introduced by visionary leaders.
Effective change management and communication strategies are needed to overcome resistance.
High Implementation Costs
Digital transformation, supplier development programs, and sustainability initiatives require significant investment.
Organizations must evaluate the cost-benefit balance when adopting long-term procurement strategies.
Alignment with Organizational Priorities
Procurement is often seen as a cost-saving function, whereas visionary leadership focuses on long-term value creation.
Visionary leaders must align their strategies with C-suite expectations to gain executive support.
Conclusion
Visionary leadership is highly suitable for the procurement function of an organization, particularly in driving strategic planning, supplier collaboration, innovation, talent development, and risk management. By fostering a long-term, value-driven approach, visionary leaders transform procurement from a cost-centric function into a strategic asset.
However, visionary leadership must be balanced with operational agility, ensuring that procurement remains responsive to market conditions and business needs. While long-term strategic foresight is essential, procurement teams must also be equipped to handle immediate challenges efficiently.
Ultimately, the most effective procurement leaders integrate visionary thinking with pragmatic decision-making, ensuring that procurement delivers both short-term operational efficiency and long-term strategic value.
Final Answer Structure for Maximum Marks (25 Points)
Introduction (3 Points) - Importance of leadership in procurement, introduction to visionary leadership.
Key Characteristics of Visionary Leadership (4 Points) - Strategic foresight, innovation, adaptability, communication, and long-term focus.
Suitability in Procurement (12 Points) -
Enhancing strategic planning.
Strengthening supplier relationships.
Driving innovation and technology.
Developing a skilled procurement team.
Managing procurement risks.
Challenges of Visionary Leadership (4 Points) - Decision-making speed, stakeholder resistance, cost implications, organizational alignment.
Conclusion (2 Points) - Summary of benefits, need for a balanced approach.

 

질문 # 45
SIMULATION
Discuss supplier due diligence in relation to the case study below. How and why should it be implemented? (25 points) Delicious Ltd is a cake manufacturing organisation with complex supply chains. They are based in the UK and source raw ingredients such as sugar and flour internationally. They use over 20 different suppliers, many of whom are in the commodities industry and some from low-cost countries.

정답：

설명：
See the Answer is the explanation
Explanation:
Overall explanation
Below you will find how you can plan and draft the essay. Remember this is an example of one way you could approach the question. At Level 6 the questions are much more open so your response may be completely different and that's okay.
Essay Plan
Introduction- what is due diligence - assessing and evaluating suppliers.
Section 1 - how to do due diligence: risk assessments, supplier selection, audits, contracts, continuous processes, communication Section 1 - why - quality issues, risk to business continuity, ethical reasons, customer/ stakeholder requirements Conclusion: it's essential for Delicious Ltd (relate back to case study).
Example Essay
Supplier due diligence is a critical process for organizations like Delicious Ltd, which rely on complex international supply chains to source commodity items. Due diligence involves assessing and evaluating the performance, reliability, and ethical practices of suppliers to ensure they meet the company's standards and requirements.
Here's how supplier due diligence can be implemented:
Risk Assessment: Begin by identifying the potential risks within the supply chain. This may include geopolitical risks, natural disasters, economic instability, and even supplier-specific risks like production delays or quality issues. It should also look at ethical considerations such as the use of forced or child labour in the supply chain and the working conditions of those employed by suppliers.
Supplier Selection: Carefully select suppliers based on criteria such as their track record, reputation, financial stability, quality control processes, and ethical practices. Delicious Ltd should consider multiple sources for critical raw materials such as sugar and flour to diversify risk. This means if one supplier goes bust, or is unable to provide the required quantities, Delicious Ltd can source materials elsewhere. The Kraljic Matrix would be a useful tool here.
Audits and Inspections: Delicious Ltd can conduct regular audits and inspections of suppliers' facilities and practices to ensure they meet the company's standards. These audits can include quality checks, ethical compliance checks, and supply chain continuity assessments. They can use an independent 3rd party to do this.
Contractual Agreements: Delicious Ltd should define clear terms and conditions in supplier contracts, specifying quality requirements, delivery schedules, pricing structures, and dispute resolution mechanisms. These contracts should reflect the results of due diligence assessments.
Continuous Monitoring: Establish a system for ongoing monitoring of suppliers' performance. This includes regular communication, feedback mechanisms, and performance reviews to ensure suppliers maintain the desired standards. Delicious Ltd could use the Demming Plan Do Check Act cycle here.
Contingency Planning: Develop contingency plans for potential supply chain disruptions. This could involve identifying alternative suppliers or establishing safety stock levels for critical raw materials. For example, by holding a surplus stock of flour in it's own warehouse, Delicious Ltd mitigates the risk of late deliveries interrupting production.
Transparency and Reporting: Delicious Ltd should be transparent about supplier due diligence efforts with stakeholders, including customers, investors, and regulatory bodies. They should regularly report on compliance with ethical and sustainability standards and can publish findings on their website.
For Delicious Ltd, implementing supplier due diligence is essential for several reasons:
Quality Assurance: Ensuring the quality of raw ingredients is crucial for a cake manufacturing organization like Delicious Ltd. By conducting due diligence, the company can verify that suppliers meet specific quality standards, which is essential for producing consistent and high-quality products. If an ingredient such as flour was contaminated, this may result in Delicious Ltd's customers falling ill. This is a risk that needs to be eliminated.
Supply Chain Reliability: International supply chains can be susceptible to disruptions, such as natural disasters, political instability, or economic fluctuations. Supplier due diligence helps identify potential risks within the supply chain and allows the company to develop contingency plans to minimize disruptions.
Ethical Sourcing: Customers and stakeholders increasingly demand transparency and ethical sourcing practices. Due diligence enables Delicious Ltd to assess whether suppliers adhere to ethical standards, such as fair labour practices and environmental sustainability, which can protect the company's reputation and market position. Delicious Ltd risk losing customers, and thus profit, if they fail to conduct due diligence.
Cost Control: By evaluating suppliers' financial stability and pricing structures, the company can negotiate better deals, optimize costs, and avoid unexpected price hikes or financial risks associated with supplier instability.
In conclusion, implementing supplier due diligence is essential for Delicious Ltd due to its complex international supply chains. It helps ensure quality, reliability, and ethical practices among suppliers, while also mitigating risks associated with the supply chain. By effectively implementing due diligence processes, the company can enhance its reputation, protect against disruptions, and maintain cost control.
Tutor Notes
- Remember that due diligence isn't just about ethics. That's a big part of it (checking supply chains for modern day slavery etc). Due diligence is about getting the 5 Rights of Procurement (remember this from Level 4?), it's about ensuring supply chain security and continuity, and about risk aversion too.
- To improve on the essay above you could talk more in detail about where you can get information on suppliers, such as D&B and Companies House for financial information, customer references and checking registrations such as ISO14001. Some of these are specific to the UK, so Delicious Ltd may need to look at international equivalents. You don't have to know what these are for the exam though so don't worry!
- How deep you conduct supplier due diligence depends on how important the supplier is to you. You could mention this in your conclusion and bring it back to Delicious Ltd - the flour supplier is probably very important, but the supplier of stationary for the workers in the office is probably less so. So Delicious need to do thorough due diligence on the flour supplier and less on the stationary guys. Kraljic is the tool for this.
- Because this is a case study question, you don't have to bring in any real life examples. But if the question was more open e.g. discuss how a procurement manager can do Due Diligence, you could talk about a real life example, so have one in your back pocket for the exam
- For a really high score you could mention this: Home - KnowTheChain

 

질문 # 46
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근 몇년간IT산업이 전례없이 신속히 발전하여 IT업계에 종사하는 분들이 여느때보다 많습니다. 경쟁이 이와같이 치열한 환경속에서 누구도 대체할수 없는 자기만의 자리를 찾으려면 IT인증자격증취득은 무조건 해야 하는것이 아닌가 싶습니다. CIPS인증 L6M1시험은 IT인증시험중 가장 인기있는 시험입니다. Pass4Test에서는 여러분이CIPS인증 L6M1시험을 한방에 패스하도록 실제시험문제에 대비한CIPS인증 L6M1덤프를 발췌하여 저렴한 가격에 제공해드립니다.시험패스 못할시 덤프비용은 환불처리 해드리기에 고객님께 아무런 페를 끼치지 않을것입니다.

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