Passing the CIPS A7 An Introduction to Purchasing Strategy exam requires a good understanding of the concepts, theories, and techniques used in developing and implementing purchasing strategies. The exam covers topics such as supply chain management, purchasing strategy development, and supplier management.
Exam Objectives:
- Understand the role of purchasing in supply chain management
- Develop a purchasing strategy that aligns with the organization's overall business strategy
- Understand the importance of supplier management in achieving purchasing objectives
- Apply appropriate techniques to manage supplier relationships
- Understand the legal and ethical issues related to purchasing
The A7 exam is suitable for those who are involved in purchasing and supply chain management, such as procurement professionals, buyers, and supply chain managers. The prerequisites for taking the exam are completion of the CIPS Level 4 Diploma in Procurement and Supply or equivalent, or relevant work experience.
Related Books:
- Procurement and Supply Chain Management by Brian Farrington
- Introduction to Purchasing and Supply Chain Management by Robert M. Monczka
- Supplier Relationship Management: How to Maximize Vendor Value and Opportunity by Christian Schuh
- The Procurement Game Plan: Winning Strategies and Techniques for Supply Management Professionals by Charles Dominick and Soheila Lunney
- Strategic Sourcing in the New Economy: Harnessing the Potential of Sourcing Business Models for Modern Procurement by Bonnie Keith and Kate Vitasek
Exam Details:
The A7 exam is a computer-based test that consists of 60 multiple-choice questions. The exam duration is 1 hour and 15 minutes, and the passing mark is 70%. The exam fee varies depending on the location and the examination center. The exam is delivered by Pearson VUE, and candidates can schedule their exams online through the Pearson VUE website.
In conclusion, passing the CIPS A7 An Introduction to Purchasing Strategy exam requires a thorough understanding of the concepts and techniques used in purchasing strategy development and implementation. Candidates should also have a good grasp of supply chain management and supplier relationship management. Studying the related books and practicing past exam questions can help candidates to prepare effectively for the exam and improve their chances of success.