L4M1 Scope and Influence of Procurement and Supply Recap Week 3

Some activities conducted at Stage 2 of the CIPS Procurement Cycle - Market Analysis and Make vs Buy

Choose ALL that apply

• Assessing the economic Situation

• Calculating the impact of the currency fluctuations

• Defining the Business Need

• Understanding the current position with Supply and Demand

Some activities conducted at Stage 3 of the CIPS Procurement Cycle - Develop the Strategy and Plan

Choose ALL that apply

• Determine whether to work with local, national or global suppliers

• Identifying the preferred Route to Market

• Understanding the marketplace competition

• Identifying the appropriate KPI's

Some activities conducted at Stage 6 of the CIPS Procurement Cycle - Supplier selection to participate in Tender

Choose ALL that apply

• Assessing PQQ responses

• Using Porters Value Chain to evaluate total costs

• Cross functional scoring and moderation

• Pre Agreeing the KPI's

Key aspects of Stage 7 of the CIPS Procurement Cycle - Issue Tender Documents

Choose ALL that apply

• Potential suppliers receive the information at the same time

• Critical Dates and Times

• Open communicating with all parties so all bidders see the competition

• Agreeance to receiving late bid submissions

Key aspects of Stage 7 of the CIPS Procurement Cycle - Issue Tender Documents

Choose ALL that apply

• Potential suppliers receive the information at the same time

• Critical Dates and Times

• Open communicating with all parties so all bidders see the competition

• Agreeance to receiving late bid submissions

Some activities at Stage 13 of the CIPS Procurement Cycle - Asset Management

Choose ALL that apply

• Decommissioning

• Lessons Learnt

• Contract Amendment

• Retender

How many stages are there in the CIPS Procurement Cycle

• 10

• 11

• 12

• 13

Choose the odd one out

• Offer

• Acceptance

• Payment

• Consideration

In terms of a Collaborative style of relationship choose the odd one out

• Information is shared

• Open communication

• Teamwork

• Shared Goals do not exist

In terms of a Distributive style of relationship choose the odd one out

• Donald Trump

• Win lose

• Little communication

• Long term relationship