CIPS L4M4 Exam Syllabus Topics:

Topic	Details
Topic 1	This section examines analyzing market data, obtaining quotations tenders, and assessing responses. The sub-topics focus on key processes for evaluating potential suppliers.
Topic 2	Understand options for sourcing requirements from suppliers: This section covers the sourcing process, approaches, options, and award criteria for obtaining requirements from suppliers. The sub-topics provide a foundation for strategic sourcing.
Topic 3	Understand compliance issues when sourcing from suppliers: It explores legislative, regulatory, and organizational requirements for sourcing. It compares the use of audit and other mechanism of feedback.
Topic 4	Understand the key processes that can be applied to the analysis of potential external suppliers:

Reference: https://www.cips.org/qualifications/diploma-in-procurement-supply/ethical-and-responsible-sourcing

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CIPS Ethical and Responsible Sourcing Sample Questions:

Question #1

Each stage of the tendering procedure requires a timeline to be met by bidders and the tender processing team.
Which of the following explains why timescales are important in the tendering process?
* They help in getting the right lead-time on the purchase order
* They separate the quickest bidders from the slowest
* They ensure that all bidders are treated equally
* They ensure that bids are submitted in the correct format

A. 1 and 2 only
B. 2 and 3 only
C. 1 and 3 only
D. 2 and 4 only

Reveal Solution Discussion 0

Correct Answer: C 🗳️