CIPS L4M4 Exam Topics
CIPS L4M4 Exam Overview :
| Exam Name: | Ethical and Responsible Sourcing |
| Exam Code: | L4M4 |
| Certifications: | CIPS Level 4 Diploma in Procurement and Supply Certification |
| See Expected Questions: | CIPS L4M4 Expected Questions in Actual Exam |
CIPS L4M4 Exam Objectives :
| Section | Objectives |
|---|---|
| Understand options for sourcing requirements from suppliers | In this section, the skills meausred include Identifying the sourcing process in relation to procurement and differentiating between approaches to the sourcing of requirements from suppliers. More topics include describing selection criteria that can be commonly applied when sourcing requirements from external suppliers as well as the award criteria applied. |
| Understand the key processes applied to the analysis of potential external suppliers | This section of the exam measures skills such as how to evaluate commonly used sources of information on market data to impact the sourcing of requirements from external suppliers, pinpoint important processes for obtaining quotations and tenders and figuring out the to assess the quotations or tenders. More skills measured include how ot analyse electronic systems to help the sourcing of requirements from external suppliers |
| Understand compliance issues when sourcing from suppliers | In this section of the exam, the topics covered include how to contrast the vital legislative, regulatory, and organizational requirements when sourcing in the not-for-profit, private, and public sectors. This includes comparing the major legislative, regulatory, and organizational requirements when sourcing from international suppliers. |
| Understand ethical and responsible sourcing | In this section, skills measured include how to define the impact of international ethical standards on procurement and supply such as fraud, modern slavery, and human rights. It also deals with how to identify practices that support ethical procurement and compare the use of audits and other feedback mechanisms to evaluate ethical standards in the workplace. Moreover, other topics include contrasting the use of audits and other feedback mechanisms to assess ethical standards in the workplace. |
| Understanding Ethical Sourcing | This section of the exam covers the fundamental principles and importance of ethical sourcing practices, including human rights, labor standards, environmental impact, and supply chain transparency. |
| Implementing Ethical Standards | In this section, the candidates are tested for applying ethical frameworks, due diligence processes, and best practices to ensure responsible sourcing throughout the supply chain. |
| Supply Chain Management | This section covers developing strategies to identify and manage risks related to forced labor, child labor, ethical procurement, and sustainable practices in the supply chain. |
| Responsible Procurement | In this section of the exam, the topics covered include practices such as fair trade, ethical sourcing of raw materials, and responsible contracting to promote sustainability and social responsibility. |
| Labor Rights and Welfare | This section of the exam covers labor laws, workers' rights, and ethical labor practices, including freedom of association, fair wages, and safe and healthy working conditions. |
| Ethical Auditing and Certification | In this section, the focus is on ethical auditing processes, third-party certifications, and social compliance programs to ensure ethical standards are met. |
| Official Information | https://www.cips.org/qualifications/diploma-in-procurement-supply/ethical-and-responsible-sourcing |
Updates in the CIPS L4M4 Exam Topics:
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