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| Section | Objectives |
|---|---|
| Understand the key processes that can be applied to the analysis of potential external suppliers | - Supplier appraisal and evaluation methods - Financial analysis of suppliers - Supplier audits and due diligence - Use of Request for Information (RFI), Request for Proposal (RFP) and Request for Quotation (RFQ) - Risk assessment in supplier selection |
| Understand compliance issues when sourcing from suppliers | - Anti-bribery and anti-corruption measures - Regulatory and legal compliance - Sustainability and environmental considerations - Codes of conduct and ethical standards - Modern slavery and human rights in supply chains - Global sourcing considerations and Incoterms - Ethical sourcing and corporate social responsibility (CSR) |
| Understand options for sourcing of requirements from suppliers | - Insourcing vs outsourcing decisions - Factors influencing sourcing decisions - Sourcing strategies and approaches - Single, dual and multiple sourcing |
CIPS Ethical and Responsible Sourcing is an official CIPS exam, catalogued under the code L4M4. Passing it awards the CIPS Level 4 Diploma in Procurement and Supply certification at the Level 4 Diploma in Procurement and Supply level. It also links to CIPS Level 4 Diploma in Procurement and Supply, which broadens its career value. Qualifying exams exist to prove ability in a measurable way, and this one proves yours against the vendor's own standard.
CIPS Ethical and Responsible Sourcing gives you 60 questions and 90 minutes to answer them. Treat time as a resource to allocate, not a countdown to fear: rehearse full sessions in the ITExamDownload test engine, practice skipping and returning, and build the calm familiarity that lets your actual knowledge show up on exam day.
Passing CIPS Ethical and Responsible Sourcing takes 70%, and the official fee is $185.69. Retakes cost the full $185.69 again, which makes verified readiness the cheapest insurance there is. Track your ITExamDownload practice scores across sessions and book the exam only when clearing the requirement has become your baseline, not your best day.
No mandatory pre-requisites, but candidates are typically working towards or enrolled in the CIPS Level 4 Diploma in Procurement and Supply.
Since vendor requirements are revised periodically, confirm the current conditions before registering on the official exam page.
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The CIPS Ethical and Responsible Sourcing exam is divided into 3 domains. The most prominent are Understand the key processes that can be applied to the analysis of potential external suppliers, Understand compliance issues when sourcing from suppliers, and Understand options for sourcing of requirements from suppliers. The complete outline is above on this page; candidates who know the map waste far less time getting to the destination.
Why would you use a credit score to appraise a supplier?
Correct Answer: B 🗳️
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Which of the following should be conducted during the analysis of tender responses?
* Produce a report on each submission
* Review the pre-qualification questionnaire
* Check the arithmetical accuracy of each tender
* Evaluate the market dynamics
Correct Answer: A 🗳️
Explanation: Only visible for ITExamDownload members. You can sign-up / login (it's free).
Mark is an audio visual category buyer in the public sector and is looking to purchase a large quantity of interactive screens for medical lecture rooms across a university campus. Mark expects this to cost in excess of £950,000 and suggests to his user group that a competitive tendering process should take place. Was this the right approach?
Correct Answer: D 🗳️
Explanation: Only visible for ITExamDownload members. You can sign-up / login (it's free).
In which circumstances would it be relevant to apply the Pareto principle (80/20 rule) to supplier expenditure analysis? (Select TWO)
Correct Answer: A,E 🗳️
Explanation: Only visible for ITExamDownload members. You can sign-up / login (it's free).
Balance sheet (Statement of Financial Performance) ratios measure the liquidity and solvency of a business.
One of the liquidity ratios is called the 'current ratio'. The formula for current ratio uses which of the following pieces of information from the balance sheet?
Select TWO that apply.
Correct Answer: B,D 🗳️
Explanation: Only visible for ITExamDownload members. You can sign-up / login (it's free).
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