Ray Fisher Ray Fisher's Profile Page

Ray Fisher Ray Fisher

0 Course Enrolled • 0 Course Completed

Biography

Prominent Features of NewPassLeader CIPS L5M6 Practice Test Questions

NewPassLeader is not only a website but as a professional study tool for candidates. Last but not least, we have advanced operation system of L5M6 training materials which not only can ensure our customers the fastest delivery speed but also can protect the personal information of our customers automatically. In addition, our professional after sale stuffs will provide considerate online after sale service on the L5M6 Exam Questions 24/7 for all of our customers. And our pass rate of L5M6 studying guide is as high as 99% to 100%. You will get your certification with our L5M6 practice prep.

The NewPassLeader is committed to ace the L5M6 exam preparation and success journey successfully in a short time period. To achieve this objective the NewPassLeader is offering Category Management (L5M6) practice test questions with high-in-demand features. The main objective of NewPassLeader CIPS L5M6 Practice Test questions features to assist the L5M6 exam candidates with quick and complete CIPS L5M6 exam preparation.

>> Valid L5M6 Test Forum <<

Excellent Valid L5M6 Test Forum - 100% Pass L5M6 Exam

Contending for the success fruit of L5M6 exam questions, many customers have been figuring out the effective ways to pass it. And that is why we have more and more costomers and everyday the hot hit and high pass rate as well. It is all due to the advantage of our useful L5M6 practice materials, and we have these versions of our L5M6 study materials for our customers to choose according to their different study habbits:the PDF, the Software and the APP online.

CIPS L5M6 Exam Syllabus Topics:

Topic
Details

Topic 1

Understand Approaches that Can Be Used to Develop Category Management Strategies: This section of the exam measures the skills of Procurement Managers and focuses on understanding how category management strategies are formulated within procurement functions. Candidates are expected to differentiate between strategic and conventional sourcing, evaluate how these approaches support long-term supplier relationships, and align them with organizational goals. The section also emphasizes the role of category management in enhancing sourcing efficiency and achieving cost optimization.

Topic 2

Understand the Concepts, Tools, and Techniques Associated with Managing Expenditure: This section of the exam measures the analytical abilities of a Category Analyst and focuses on expenditure management techniques within category management. It explores how organizations identify, classify, and analyze different types of spend to enhance procurement efficiency and value creation.

Topic 3

Understand the Strategic Impact of a Category Management Process: This section evaluates the strategic insight of a Procurement Manager into how category management influences organizational performance. It explores the use of data-driven decision-making and market intelligence to shape sourcing strategies and drive sustainable procurement outcomes.

CIPS Category Management Sample Questions (Q41-Q46):

NEW QUESTION # 41
CEB Research states that there are 6 competencies which drive strategic performance in Procurement. The ability to stay calm under pressure and handle criticism is which competency?

A. Influencer
B. Adaptor
C. Results seeker
D. Innovator

Answer: B

Explanation:
The Adaptor competency reflects resilience and flexibility, particularly the ability to remain calm under pressure and handle criticism constructively. CEB Research identifies six key competencies for high- performing procurement teams: functional expert, influencer, results seeker, innovator, adaptor, and complier.
Each competency contributes to overall effectiveness. Adaptors are especially important in procurement because markets are dynamic and supplier relationships can be complex. Their ability to adjust strategies in the face of change ensures procurement remains resilient. For category managers, adaptability supports risk management, stakeholder engagement, and effective negotiation. Without this competency, procurement risks being rigid and unresponsive to changing circumstances.
Reference: CIPS L5M6 Study Guide, p.70

NEW QUESTION # 42
Penelope works for an international manufacturer. Which categories are most likely to be outsourced?

A. Marketing services
B. Facilities management
C. Raw materials
D. Operations
E. Warehousing

Answer: A,B

Explanation:
The categories most likely to be outsourced are Marketing services and Facilities Management [FM].
These are examples of indirect spend categories where external providers often offer specialist expertise, cost efficiency, and scalability.
CIPS identifies five indirect categories frequently outsourced: Marketing, Facilities Management, IT
/Communications, Human Resources, and MRO [Maintenance, Repairs, Operations]. Outsourcing these allows organisations to focus internal resources on core competencies such as manufacturing or R&D.
Raw materials, warehousing, and operations are typically core to production and therefore managed internally or strategically sourced, rather than fully outsourced. While warehousing may sometimes be outsourced
[3PL], it is not listed among the primary categories in the study guide.
Outsourcing decisions must balance cost, risk, and strategic importance. For example, outsourcing FM reduces overheads while ensuring professional management of buildings and services, whereas marketing agencies provide creativity and campaign expertise.
[Ref: CIPS L5M6 Study Guide, pp.46-47 - Categories commonly outsourced]

NEW QUESTION # 43
'Kaizen' is a Japanese term used frequently in the manufacturing industry. What does it refer to?

A. Continuous Improvement
B. Supplier Relationship Management
C. Sustainability
D. Cost Reduction

Answer: A

Explanation:
Kaizen translates to "continuous improvement" in Japanese. It is a philosophy that encourages making small, incremental changes that collectively lead to significant performance enhancements over time. Within procurement and category management, Kaizen focuses on ongoing collaboration with suppliers to identify ways to reduce waste, improve quality, and optimise processes. Unlike one-off cost-reduction initiatives, Kaizen is embedded in the organisational culture and requires engagement from all levels of the supply chain.
For example, small adjustments in packaging design might reduce material use, leading to cost savings and environmental benefits. This approach fosters long-term supplier partnerships and supports innovation. In competitive markets, organisations that adopt Kaizen are more resilient and adaptable, making it a key concept for category managers to understand.
Reference: CIPS L5M6 Study Guide, p.40

NEW QUESTION # 44
Servers, hardware and licences are items which may be found in which category of spend?

A. Professional services
B. IT
C. Legal
D. Facilities management

Answer: B

Explanation:
Items such as servers, hardware, and licences fall under the IT (Information Technology) category of spend. Categories are organised into direct and indirect spend, and IT is a common example of indirect spend
, which includes goods and services that do not directly contribute to production but are essential to operations. IT spend is strategically important as it supports digital transformation, efficiency, and business continuity. Effective management of IT categories involves considering licensing agreements, hardware refresh cycles, cybersecurity, and vendor lock-in risks. Poor IT procurement strategies can lead to high costs, inefficiencies, and security vulnerabilities. Category managers in IT must also keep up with fast- changing technology markets, cloud adoption trends, and vendor consolidation. Recognising IT as a distinct category ensures that procurement strategies address unique risk factors and maximise value.
Reference: CIPS L5M6 Study Guide, p.3

NEW QUESTION # 45
High exit barriers in a marketplace mean that rivalry between suppliers is low. Is this statement TRUE?

A. Yes - rivalry is low as supplier power is strong
B. No - high exit barriers mean no new suppliers will enter the marketplace
C. No - rivalry between existing suppliers is high
D. Yes - rivalry is low as buyer power is strong

Answer: C

Explanation:
The correct response is No - rivalry between existing suppliers is high. Exit barriers refer to the difficulty suppliers face when attempting to leave a market or industry. These barriers may include high investment in specialised assets, contractual obligations, redundancy costs, or reputational damage. When suppliers are unable or unwilling to exit, they remain within the industry regardless of declining profitability. This forces them to compete aggressively to retain market share, which increases rivalry among existing firms.
Options A and B are incorrect because the question relates to rivalry, not directly to buyer or supplier power.
Option D is also incorrect because exit barriers do not influence new suppliers entering; they affect current suppliers trying to leave.
A practical example is the oil and energy industry, where huge capital investments make it very costly to exit. Companies stay even during downturns, resulting in fierce rivalry.
[Ref: CIPS L5M6 Study Guide, p.114 - Porter's Five Forces: Exit Barriers and Rivalry]

NEW QUESTION # 46
......

If you are going to purchase L5M6 Study Materials online, you may pay attention to your money safety. With applying the international recognition third party for the payment, your money and account safety can be guaranteed if you choose us. And the third party will protect your interests. In addition, L5M6 training materials are high-quality, for we have a professional team to research the latest information, and you can use them at ease. Besides if you have little time to prepare for your exam, you can also choose us, you just need to spend 48 to 72 hours on studying, you can pass the exam. Choose us, and you will never regret!

L5M6 Study Material: https://www.newpassleader.com/CIPS/L5M6-exam-preparation-materials.html