Advance Your Career by Using Online L3M2 Dumps

Obtaining the CIPS Level 3 Advanced Certificate in Procurement and Supply Operations L3M2 certification can help you demonstrate your expertise in CIPS solutions and advance your career in related industry. Using L3M2 dumps as part of your study plan can help you identify knowledge gaps, improve your exam-taking skills, provide immediate feedback, and increase your chances of passing the L3M2 exam. CIPS L3M2 exam free dumps questions are available below.

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1. A specification which focuses on the outputs of a requirement is called:

Non-conformance

Performance

Conformance

Non-performance

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2. The abbreviation ‘PDCA’ represents the words:

Plan do check assess

Purchase do check act

Procure, distribute to customers actively

Plan do check act

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3. Where the buyer’s and seller’s conditions of contract clash, this is commonly known as ‘the battle of the…’

Bulge

Terms

Firms

Forms

Papers

Titans

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4. ‘Sometimes descriptions of the need are best created by a cross-XXXX team’.

What does XXXX represent here?

Funicular

Regional

Industrial

Functional

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5. A term used to describe preparatory activities undertaken after a contractor has been appointed, but before they have commenced work. Often used in projects, construction or management consultancy

work.

Globalisation

Synchronisation

Mobilisation

Improvisation

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6. Key Performance Indicators could be said to be:

SWART

SMART

SHARP

START

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7. The purpose of a specification is (select all that apply):

Provide a means of evaluation of a product or service

Act as a means of exchange

Define the requirement

Communicate the requirement clearly

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8. The budget for procurement staff costs is 100,000 but only 90,000 has been spent in the period. This has resulted in substantial further work for procurement staff members, sometimes working into the evening or at weekends.

Is the variance:

None of the above?

Adverse?

Favourable?

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9. In a tender process, if a bidder realises there is a mistake in their bid submission, for most buying organisations, under what circumstances will the buyer allow the bidder to alter their submission, to correct their error?

Anytime, including after bid receipt closing date, but before bids have been opened.

At no time, never.

Anytime, including after bid receipt closing date, even if bids have been opened.

Anytime, up to bid receipt closing date.

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10. The objective of value engineering has been described as:

Doing more with the same

Doing more with less

Doing more with more

Doing more with your time

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11. The formal appraisal of a current supplier, measured in terms of factors such as quality, timeliness of delivery, etc is known as:

Vendor rating

Overall rating

Quality rating

Ship's rating

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12. The letters ‘EOQ’ refer to:

A person’s level of ‘emotional intelligence’

The notion of there being a best time to order

The idea of an optimum quantity to order

The idea of an optimum quality to order

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13. ‘Value engineering is a structured approach to increasing the value obtained from a product by of-fering the same level of XXXXX at a lower cost’.

What is XXXXX?

Functionality

Service

Applicability

Practicality

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14. A product of less-than-satisfactory quality might be said to have a:

Defect

Affect

Reject

Effect

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15. Which two of the following would be unlikely to increase value for money for an organisation?

Attending social events at supplier's expense

Use of value analysis or value engineering

Standardisation of components

Accepting a late bid in a tender process

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16. A margin within which a specification can vary slightly C the outer limits of what is acceptable to the buyer C can be described as:

Impedances

Balances

Tolerances

Ordinances

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17. Decisions which do not represent the best overall outcome for the organisation could be called:

Suboptical

Subtropical

Subliminal

Suboptimal

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18. Which of the following is not a concept related to quality management?

SPC

FMEA

TQM

SPQR

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19. You work as a buyer for a large international corporation. You are currently involved in negotiating a high-value contract, and one of the supplier’s representatives offers to take you to a dog-racing event, with all expenses paid. The offer is open to the whole of your procurement team.

What do you do?

Decline

Accept

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20. In a manufacturing business, there are two important materials budgets. One is called ‘materials purchases budget’ and the other is called ‘materials XXX budget’.

What is the missing word?

Expenditure

Sales

Usage

Returns

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21. Thinking of Carter’s 10 C’s, the ‘c’ for Commitment refers to:

Delivery

Profit

Quality

Customer

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22. The Profex textbook for this subject, states that ‘specifications are said to be ‘the heart of the con-tract’. The book then goes on to state that goods supplied must be ‘fit for…’

A King

Usage

The requirement

Purpose

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23. The supplier appraisal model attributed to Dawn Dadds, is, as shorthand:

FACE2FACE

NOSE2NOSE

MAN2MAN

HEAD2HEAD

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24. The axes on the Kraljic matrix are (select two):

Cost / profit impact

Supplier perception of the buyer

Number of suppliers

Risk to security of supply

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25. ‘Something which carries on over time, going round in repetitive circles’, is called a:

Scheme

Cycle

Circuit

Process map

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26. The main difference between value engineering and XXXXX XXXXX is that whereas value engineering is applied to new product design at the pre-manufacturing stage, XXXXX XXXXX is applied to established products that are already being manufactured and sold in the market.

Product analysis

Cost analysis

Value analysis

Price analysis

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27. Thinking in accounting terms, when the cost does not match the budget figure, there could be said to be a:

Discrepancy

Variety

Variance

Error

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