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CIPS Procurement and Supply in Practice Sample Questions:

1. What Incoterm applies here?
The supplier is responsible of placing the goods in the hands of a chosen carrier by the buyer, at which point the buyer takes on the risk.

A) FCA - Free Career
B) CPT - Carriage Paid To
C) EXW - Ex Works
D) CIP - Carriage and Insurance Paid to

2. Describe two negative factors associated with ordering excess inventory.

3. What are the 3Ps in the triple bottom line.

4. How does positive social impact present itself?

5. Describe three ways that hidden cost could present themselves within the logistics operation

Solutions: