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CIPS Procurement and Supply in Practice Sample Questions:

1. What do STEEPLE and SWOT stand for?

2. What effect is technology having on jobs within an organization with which you are familiar with?

3. Create a list of tangible, intangible, direct and indirect needs within an organization with which you are familiar.

4. Which Incoterm applies here?
The supplier is responsible for delivering the goods directly onto the vessel that will transport them to their named destination. As soon as the goods are on the vessel, the risk transfers to the buyer

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

5. Describe five types of contract terms that a procurement professional should create with a supplier when forming an agreement.

Solutions: