CIPS L5M7 Exam Syllabus Topics:
| Topic | Details |
|---|
| Topic 1 | - Understand the Dynamics of Supply Chains: This section of the exam measures the skills of Supply Chain Analysts and covers the foundational understanding of how supply chains operate, interact, and add value to organizations. It examines the differences between supply chains, supply networks, and supply chain management while exploring the concept of supplier tiering and network sourcing. Candidates are expected to understand how effective supply chain management improves quality, reduces costs and lead times, and fosters innovation while mitigating risks. Additionally, this section emphasizes the connection between an organizational infrastructure, culture, and process management in achieving efficient supply chains. It also compares various improvement approaches, including collaborative and competitive models, outsourcing, offshoring, and global procurement.
|
| Topic 2 | - Understand Measures Required to Achieve Competitive Advantage in Supply Chains: This section of the exam measures the skills of Strategic Sourcing Specialists and focuses on achieving and maintaining competitive advantage through strategic supply chain practices. It assesses knowledge of how organizations can leverage cost leadership or differentiation strategies to outperform competitors. Candidates are expected to understand pricing mechanisms such as fixed and variable pricing, open book costing, and risk
- reward arrangements that drive efficiency and transparency. The section also includes cost reduction techniques like supplier rationalization, value analysis, and negotiation strategies that enhance profitability. Finally, it examines collaborative approaches such as partnership sourcing, building supplier trust, and managing relationship life cycles to ensure long-term strategic advantages within the supply chain.
|
| Topic 3 | - Understand Improvement Methodologies that Can Be Used in Supply Chains: This section of the exam measures the skills of Procurement Managers and focuses on the tools and methodologies used to enhance supply chain performance and efficiency. It highlights the principles of total quality management (TQM), including quality assurance and inspection, and their role in ensuring product and process consistency. Candidates must understand how to use statistical methods such as KPIs, data analysis, and Six Sigma to drive continuous improvement. The section also explores lean thinking, agile processes, Just-in-Time (JIT) systems, and the 5S methodology as frameworks for optimizing operations. Furthermore, it covers the application of business process re-engineering (BPR) and benchmarking to evaluate and redesign supply processes for better performance and competitiveness.
|
Reference: https://www.cips.org/qualifications/advanced-diploma-in-procurement-supply/achieving-competitive-advantage-through-the-supply-chain
CIPS L5M7 Exam Overview:
| Certification Vendor: | CIPS |
|---|
| Exam Name: | Achieving Competitive Advantage Through the Supply Chain |
|---|
| Exam Number: | L5M7 |
|---|
| Passing Score: | 50% |
|---|
| Exam Duration: | 90 minutes |
|---|
| Exam Price: | £165.00 |
|---|
| Certificate Validity Period: | N/A |
|---|
| Related Certifications: | CIPS Level 5 Advanced Diploma in Procurement and Supply |
|---|
| Exam Format: | Objective Response (OR) |
|---|
| Real Exam Qty: | 60 |
|---|
| Available Languages: | English |
|---|
| Sample Questions: | CIPS L5M7 Sample Questions |
|---|
| Exam Way: | Online or at a CIPS exam centre |
|---|
| Pre Condition: | Candidates should have achieved the CIPS Level 4 Diploma in Procurement and Supply or equivalent. |
|---|
| Official Syllabus URL: | https://www.cips.org/students/level-5-advanced-diploma |
|---|
CIPS Achieving Competitive Advantage Through the Supply Chain (L5M7) Sample Questions:
Question #1
Freddie, a Procurement Professional, is reviewing supply chain risks. He believes all risks should be eliminated. Is this correct?
A. No - prevent risks where possible but tolerate low-level risks
B. No - awareness only is required
C. Yes - all supply chain risks must be removed
D. Yes - create risk assessments for each supplier
Question #2
Ahierarchically orientated organisationwould have which of the following characteristics?
A. Stability and control
B. Integration focus
C. Equality among employees
D. Flexibility and discretion
Question #3
For items viewed asStrategic/Critical(high supply risk and high value), which sourcing strategy is best?
A. Outsourcing
B. Arm's-length relationship with supplier
C. Competitive bidding
D. Partnership or alliance approach
Question #4
A car manufacturer that accommodatesunique and desirable featuresinto design at a premium cost is using which of the following strategies?
A. Customer Experience
B. Cost Leadership
C. Cost Focus
D. Differentiation
Question #5
When implementingBusiness Process Re-engineering (BPR), which should be the first step?
A. Establish customer requirements
B. Analyse and document the existing process
C. Appoint a process owner
D. Identify and prioritise improvement opportunities
Solutions:
Question #1
Correct Answer: A | Question #2
Correct Answer: A | Question #3
Correct Answer: D | Question #4
Correct Answer: D | Question #5
Correct Answer: C |
Frequently Asked Questions
1. What kinds of study material ITBraindumps provides?
Test engine: study test engine can be downloaded and run on your own devices. Practice the test on the interactive & simulated environment.
PDF (duplicate of the test engine): the contents are the same as the test engine, support printing.
2. How long can I get the products after purchase?
You will receive an email attached with the L5M7 study material within 5-10 minutes, and then you can instantly download it for study. If you do not get the study material after purchase, please contact us with email immediately.
3. Can I get the updated products and how to get?
Yes, you will enjoy one year free update after purchase. If there is any update, our system will automatically send the updated study material to your payment email.
4. What's the applicable operating system of the test engine?
Online test engine can supports Windows / Mac / Android / iOS, etc., because it is the software based on WEB browser. You can use it on any electronic device and practice with self-paced.
Online test engine supports offline practice, while the precondition is that you should run it with the internet at the first time.
PC test engine is suitable for windows operating system, running on the Java environment, and can install on multiple computers.
PDF version: can be read under the Adobe reader, or many other free readers, including OpenOffice, Foxit Reader and Google Docs
5. How does your testing engine works?
Once download and installed on your PC, you can practice test questions, review your L5M7 questions & answers using two different options 'practice exam' and 'virtual exam'.
Virtual Exam - test yourself with L5M7 exam questions with a time limit.
Practice exam - review L5M7 exam questions one by one, see correct answers.
6. How often do you release your products updates?
All the products are updated frequently but not on a fixed date. Our professional team pays a great attention to the exam updates and they always upgrade the content accordingly.
7. Do you have any discounts?
We offer some discounts to our customers. There is no limit to some special discount. You can check regularly of our site to get the coupons.
PDF Version Demo
We are confident about the products and aim to help you pass with ease. In case of failure, we will provide a no hassle full money back guarantee for the purchasing fee.
861 Customer Reviews
Quality and ValueITbraindumps Practice Exams are written to the highest standards of technical accuracy, using only certified subject matter experts and published authors for development - no all study materials.
Tested and ApprovedWe are committed to the process of vendor and third party approvals. We believe professionals and executives alike deserve the confidence of quality coverage these authorizations provide.
Easy to PassIf you prepare for the exams using our ITbraindumps testing engine, It is easy to succeed for all certifications in the first attempt. You don't have to deal with all dumps or any free torrent / rapidshare all stuff.
Try Before BuyITbraindumps offers free demo of each product. You can check out the interface, question quality and usability of our practice exams before you decide to buy.