As a CIPS training expert, I understand the importance of passing the L4M6 Supplier Relationships exam. This exam is designed to assess the knowledge and understanding of individuals in developing, maintaining, and improving supplier relationships in a procurement context. In this article, I will discuss the exam objectives, the exam details, and the related books that can help you pass the L4M6 exam.
Exam Objectives:
- Develop and implement a supplier relationship management strategy
- Assess and select suppliers
- Develop supplier contracts
- Manage supplier performance
- Manage supplier risks and opportunities
The L4M6 exam is designed for individuals who are working in a procurement role or are interested in pursuing a career in procurement. The exam is suitable for individuals who have completed the CIPS L4M5 course or have an equivalent level of knowledge and understanding of procurement processes.
Exam Details:
- Delivery Method: Online or In-person
- Format: Multiple-choice questions
- Number of Questions: 60
- Duration: 1.5 hours
- Pass Mark: 70%
- Cost: varies by location and delivery method, check with your local CIPS branch for details.
To prepare for the L4M6 exam, it is recommended to study the CIPS official course book "Developing and managing supplier relationships," along with other related books. The following books are highly recommended:
Related Books:
- "Supplier Relationship Management: Unlocking the Hidden Value in Your Supply Base" by Christian Schuh and Michael F. Strohmer
- "Supply Chain Management: Strategy, Planning, and Operation" by Sunil Chopra and Peter Meindl
- "Procurement, Principles and Management" by Peter Baily, David Farmer, Barry Crocker, and David Jessop
These books provide in-depth knowledge and understanding of supplier relationship management, procurement processes, and supply chain management, which are important topics covered in the L4M6 exam. Studying these books in addition to the CIPS official course book will help you prepare for the exam and increase your chances of passing.
In conclusion, passing the CIPS L4M6 Supplier Relationships exam requires a good understanding of supplier relationship management, procurement processes, and supply chain management. By studying the exam objectives, understanding the exam details, and reading the related books, you can increase your chances of passing the exam and advancing your career in procurement.