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CIPS Procurement and Supply in Practice Sample Questions:

1. Which theory relates to the 3Ps

2. What is contract performance review and continuous improvement?

3. Which Incoterm applies here?
The supplier is responsible for delivering the goods directly onto the vessel that will transport them to their named destination and must also cover the cost of this. The supplier bears all risks until the goods are delivered to the buyer at their named place.

A) AS - Free Alongside Ship
B) CIF - Cost Insurance and Freight
C) FOB - Free On Board
D) DAP - Cost and Freight

4. Research the ethical standard or accreditations of an industry with which you are familiar

5. Looking at stage 8 of the procurement and supply cycle, what does TCA mean?

Solutions: