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SKU CIPS_AC4_PA. CIPS Practice Exams - AC2

SKU CIPS_AC2_PA. Use the practice exams to ensure your success with the CIPS certification exam AC2 for Procurement & Supply Operations. This subscription provides 30 days of access.
CIPS practice questions
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Terms of Service: Unlimited utilization of this course is provided for a single user for 30 days in duration from the time of purchase according to the terms of Certified Information Security's End-User License Agreement. The subscription expires 30 days after purchase. Subscription time is not banked, and can not be "frozen", deferred, or re-scheduled.

CIPS training practice questions

CIS is a registered CIPS training center now offering online practice exams to help you prepare for your CIPS examinations. CIPS examinations are expensive, and are only offered a few times each year. Get the preparation and training you need to ensure you are fully prepared for your exam!

Content Areas (TBD questions in total):  

  • Understand the main techniques that can achieve added value through procurement operations
    • Explain techniques to obtain supplies to the purchaser’s requirements
      • The five rights of procurement
      • Defining sources of added value
      • Defining value for money
      • Applying the five rights to procurement of both products and services
    • Analyse techniques to secure competitive pricing
      • Using competition to obtain quotations on prices
      • Comparing prices quoted to historical data
      • Suppliers' approaches to pricing
      • The link between costs and prices
      • Negotiating improved prices
      • Securing competitive pricing through competition or collaboration with suppliers
      • Measuring achieved savings
    • Explain techniques to achieve quality supplies
      • Defining quality
      • Quality standards, processes and procedures
      • The use of quality assurance
      • The concept of zero defects
      • Assessing quality of supplies of products and services
    • Assess techniques to secure required quantities at required timescales
      • Internal, external and total lead time
      • Expediting and measuring delivery performance
      • Planning milestones and activities
      • The use of scheduling
      • Inventories and their costs
  • Understand the main tasks associated with each stage of the sourcing process
    • Explain how procurement needs are identified
      • Liaison with users and customers and understanding their commercial needs
      • Reviewing needs from customers
      • The make or buy decision
      • Definitions of specifications
    • Explain criteria that should be applied in creating specifications
      • The importance of specifications in contracts with external customers and suppliers
      • Creating specifications for products and services
      • Conformance and output or outcome based approaches to developing specifications
      • The role of key performance indicators (KPIs)
    • Assess approaches to the sourcing of supplies
      • Surveying the market
      • Supplier appraisal
      • Inviting quotations and tenders
      • Assessing quotations and tenders
      • The use of esourcing technologies
      • Measuring supplier performance
    • Explain approaches to the formation of agreements with external organisations
      • Dealing with queries and clarifications
      • Ensuring transparency and fairness with suppliers
      • Mistakes and second bids in tenders
      • The use of reverse auctions/ eauctions
      • Forming agreements with customers and suppliers
      • Transition and mobilisation arrangements
  • Understand the impact of technology on procurement operations
    • Explain the impact of electronic procure to pay (P2P) systems on procurement operations
      • The stages of the sourcing process from identification of needs to the award of agreements
      • Creating approvals and their timescales
      • Defining procure to pay (P2P) systems
      • Automating requisitions, purchase orders and invoices
      • Integration of systems between organisations
    • Explain how the use of internet technologies can support procurement operations
      • Providing data to smooth demand and supply
      • Communicating via the internet
      • Web based solutions such as erequisitioning, esourcing, eordering, e-invoicing

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