Free CIPS L5M7 Practice Exam with Questions & Answers | Set: 3

BPRexamines and redesignsworkflows and processesto remove waste and maximise efficiency and customer value.

Short cited extract: “BPR – radical review of workflows to achieve major efficiency improvements.” (L5M7 Study Guide, p. 111)

Local sourcingoffersenvironmental benefits(lower transport footprint) andeasier access for service or maintenance, enhancing responsiveness.

Short cited extract: “Local sourcing provides reduced environmental impact and proximity for support.” (L5M7 Study Guide, p. 70)

Revenue-basedandOutcome-basedpricing share financial benefits and performance gains, motivating suppliers to excel.

Short cited term: “gainshare, revenue and outcome pricing as supplier incentives.” (L5M7 Study Guide, p. 198)

Anadhocracyisflexible,decentralised, and able torespond rapidlyto change, though it may lack formal control systems.

Short cited term: “low formalisation, high adaptability” (L5M7 Study Guide, p. 64).

Agilesupply chains prioritiseflexibility and responsivenessto change, whereasLeanfocuses on waste elimination.

Short cited term: “agile = responsive to demand; lean = waste removal.” (L5M7 Study Guide, p. 155)

Primary datais information collectedfirst-hand, includingsurveys, interviews, and questionnaires. Sandy’s approach aligns with primary data collection methods.

Short cited extract: “Primary data: original research such as questionnaires and interviews.” (L5M7 Study Guide, p.141)