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Decks in this class (23)

L4M2- Chapter 1- Developing the business case
Define new purchase modified rebu...,
A way to identify the business ne...,
What is a sourcing strategy
66  cards
L4M2- Chapter 2- Understand market management
An industry is formed to service ...,
What is a market,
What are the 6 industrial sectors
28  cards
L4M2- Chapter 3- Use of Specifications
What is the purpose of a specific...,
What are the factors to consider ...,
What is a brd
49  cards
L4M7- Chapter 1- Methods of storage and movement of inventory
What is the definition of stock d...,
What is reverse logistics,
What is the difference between a ...
43  cards
L4M7- Chapter 2- Understand the key elements of effective inventory control
What is the difference between op...,
What is cycle counting,
What is the difference between su...
69  cards
L4M7- Chapter 3- Understanding the concept of whole life costing
What is a fixed asset,
What is the purchase price,
What is the difference between fi...
45  cards
L4M4- Chapter 1- Options for sourcing requirements
What is sourcing,
What is the difference between ta...,
Sourcing aims to achieve the best...
88  cards
L4M4- Chapter 2- Processes for supplier analysis
How can a procurement professiona...,
What is the cips relationship spe...,
What is an index
42  cards
L4M4- Chapter 3- Compliance with sourcing
What are the key areas of regulat...,
What is the bsi,
What difference does being in the...
85  cards
L4M6- Chapter 1- Relationships in supply chains
When would you want to create som...,
What are the disadvantages to cre...,
Why might an organisation not be ...
70  cards
L4M6- Chapter 2- Processes for working with stakeholders
What are the 4 es of value of money,
What typical factors define value...,
What are the different types of s...
85  cards
L4M6- Chapter 3- Concept of partnering
What is a partnership relationship,
Why is a partnership relationship...,
What are the 3 types of partnersh...
48  cards
L4M3- Chapter 1- Understanding the legal issues
What is a schedule,
What is an annex,
What is an apendix
113  cards
L4M3- Chapter 2- Fundamentals of specifications
What are the 5 rights,
What are different types of marke...,
What is different about market di...
40  cards
L4M3- Chapter 3- Key clauses in formal contracts
What is an implied term,
What is an express term,
What is a contract term
92  cards
L4M5- Chapter 1- Approaches in negotiation
Why is negotiation in the public ...,
What are the stages of the cips p...,
How would negotiations arise with...
70  cards
L4M5- Chapter 2- Preparing for negotiation
What are direct and indirect costs,
What is a fixed and variable cost,
What is a firm cost
61  cards
L4M5- Chapter 3- How negotiations should be undertaken
There are multiple ways you can d...,
What is conditioning,
What is anchoring
33  cards
L4M8- LO1- Procurement cycle
What are the 13 stages of the pro...,
What is a tangible intangible dir...,
How can needs be communicated
27  cards
L4M8- LO2- Application of the procurement process
What is a requisition,
What are the 4 types of raising a...,
What is an mrp system and what ar...
96  cards
L4M8- LO3- Application of WLAM
What are fixed assets,
What are the benefits of wlam,
What are the stages of whole life...
41  cards
L4M8- LO4- Application of ESG principles
What is due dilligence,
What is esg,
What are the key esg considerations
69  cards
L4M8- Procurement Cycle Detail
0  cards

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L4

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