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CIPS Procurement and Supply in Practice Sample Questions:

1. Write all of factors that contribute towards value for a product that you regularly purchase.

2. 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) DAP - Cost and Freight
D) FAS - Free Alongside Ship

3. Describe what should be considered when creating damages terms in a contract.

4. What are the definition of a new buy and a modified re-buy?

5. In relation to the case study 'Walmart and H & M in spotlight regarding human rights in media ex-plain which human rights are not being granted to the workers.

Solutions: