Free CIPS L5M7 Exam Dumps Questions & Answers


Exam Code/Number:	L5M7Join the discussion
Exam Name:	Achieving Competitive Advantage Through the Supply Chain (L5M7)
Certification:	CIPS
Free Question Number:	90
Publish Date:	Jan 14, 2026
# of views:	252
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Total 90 questions

Question 1

A supply chain that has evolved to includemultiple layers of interdependenceon members both upstream and downstream is commonly known as what?

A.A Supply Net
B.A Supply Web
C.A Supply Stream
D.A Supply Network

Question 2

Which industry is most likely to usesupplier tiering?

A.Services
B.Automotive
C.Agriculture
D.Finance

Question 3

Open-Book Costingrelies on which of the following? Select TWO.

A.Transparency of costs and justifications
B.Splitting profit 50:50
C.Good communication
D.Finding the lowest cost

Question 4

Jerry works in product development at a clothing manufacturer. The company is discussing ways of adding value for customers. Jerry suggestsreducing pricescould be a form of added value. Is he correct?

A.Yes - this is a form of added value but requires the ability of the supply chain to reduce costs.
B.No - added value is only a form of innovation.
C.Yes - this will increase the company's profit margin.
D.No - as the customer is not offered anything additional to their purchase.

Question 5

Which of the following attributes doesnotimpact the type of buyer-supplier relationship?

A.Level of trust
B.Duration of relationship
C.Finance
D.Communication