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CIPS L4M7 Exam With Confidence Using Practice Dumps

Exam Code:
L4M7
Exam Name:
Whole Life Asset Management
Certification:
CIPS Level 4 Diploma in Procurement and Supply
Vendor:
CIPS
Questions:
255
Last Updated:
Sep 18, 2025
Exam Status:
Stable
CIPS L4M7

L4M7: CIPS Level 4 Diploma in Procurement and Supply Exam 2025 Study Guide Pdf and Test Engine

Are you worried about passing the CIPS L4M7 (Whole Life Asset Management) exam? Download the most recent CIPS L4M7 braindumps with answers that are 100% real. After downloading the CIPS L4M7 exam dumps training , you can receive 99 days of free updates, making this website one of the best options to save additional money. In order to help you prepare for the CIPS L4M7 exam questions and verified answers by IT certified experts, CertsTopics has put together a complete collection of dumps questions and answers. To help you prepare and pass the CIPS L4M7 exam on your first attempt, we have compiled actual exam questions and their answers. 

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Whole Life Asset Management Questions and Answers

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Question 1

A company does not have enough space to hold inventory to satisfy an external foreign market. Therefore, the board of directors have decided that the company would buy stock in bulk and pay a fee for storage to a third-party warehouse provider local to the foreign market. This would allow the company to focus on other aspects of the business. The stock will be called off as and when required. Which of the following strategies is being pursued by this company?

Options:

A.

Cross-docking

B.

Insourcing

C.

Outsourcing

D.

Partnering

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Question 2

A warehouse manager is evaluating the use of Automated Guided Vehicles (AGVs) within a repetitive task environment. After reviewing their use and price, the manager decided to invest in several AGVs. Were they correct in doing this?

Options:

A.

Yes, as it will reduce the costs of employing labour

B.

No, as it reduces the flexibility of the warehouse operations

C.

Yes, organisations must use high-tech solutions where possible

D.

No, as they are only suitable for use in non-repetitive task environments

Question 3

When using ABC analysis to classify inventory, which factors must be considered?

1. Demand uncertainty of each item

2. Cumulative percentage of items

3. Cumulative percentage usage value of items

4. Overall inventory turnover

Options:

A.

2 and 4 only

B.

1 and 4 only

C.

2 and 3 only

D.

1 and 3 only

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