L5M5 (Core): Managing Ethical Procurement & Supply

L5M5 (Core): Managing Ethical Procurement & Supply udemy course free download

Practice tests with in-depth explanations to master procurement ethics (CIPS 2024) and ensure first-attempt success

Welcome to the Practice Test

Unlock your potential with this expertly designed practice tests tailored for CIPS L5M5: Managing Ethical Procurement & Supply. Whether you're a seasoned professional or new to the field, this course will prepare you to succeed with confidence and efficiency.

This course is built around practice tests that mirror the CIPS exam format, allowing you to assess your knowledge and identify areas for improvement. Each question is based on the latest edition of the CIPS study material (Copyright ©2024) and is paired with meticulous explanations and references to relevant sections, ensuring a thorough understanding of managing ethical procurement and supply.

Key Features:

• Total Questions: 143, including 111 multiple-choice questions and 4 matching questions.

• Practice Test Structure:

  • Test 01: 23 MCQs (Chapter-01) + 1 Matching Question (Chapter 01)

  • Test 02: 23 MCQs (Chapter-02) + 1 Matching Question (Chapter 02)

  • Test 03: 23 MCQs (Chapter 03)

  • Test 03: 44 MCQs + 2 Matching Questions (Comprehensive)

• Thorough Explanations: Each question includes detailed reasoning and references for deeper insights.

• Self-Assessment Tools: Tailored questions to evaluate your readiness effectively.

• Proportional Content: Reflects the key learning outcomes of the course for focused preparation.

  
  

What You’ll Learn:

• Understand the impact of ethics and sustainability in supply chains

• Understand the importance of compliance with standards to achieve ethical and sustainable supply chains

• Understand initiatives and standards to improve ethical and sustainable practices in procurement and supply

Who This Course is For:

• Procurement and supply chain professionals preparing for the CIPS exam.

• Advance diploma students seeking mastery of supply network design.

• Individuals aiming for understanding ethics in procurement & supply.

On completion of this module, learners will be able to explain the impact of and initiatives to improve, sustainability and the managerial approaches to promote ethical practices in procurement and supply.

The global economy and the associated advantages of sourcing from a global base of suppliers requires organisations to be prepared to address the ethical challenges that such approaches may present to their procurement and supply activity. Similarly, the concept of sustainability and its impact on the supply chain should not be underestimated as organisations strive to be seen to play their part in the global agenda.

This module is designed to give those who have managerial responsibility for the procurement and supply function an understanding of the impact of ethics and sustainability on the supply chain, and the opportunity to analyse initiatives to improve practice and ensure organisational compliance with international standards in respect of ethical and sustainable procurement and supply chain management.

Additional Insights: Some questions are designed to be conceptual and are supported by additional study materials. As this is an Advanced Diploma course, students are encouraged to expand their learning beyond the course book by exploring recommended readings such as Managing ethical in procurement and supply: "The Procurement and Supply Manager's Desk Reference" by Fred Sollish & John Semanik, "Ethics in Procurement: A Guide to Best Practice in Supply Chain Management" by Andrew Cox etc.

Disclaimer: These practice tests are a supplementary tool designed to enhance your exam preparation. While every effort has been made to align with the latest syllabus, these resources are not a substitute for the official CIPS Study Guide. Students are encouraged to review the guide thoroughly before their exam.