CIPS Managing Supply Chain Risk - L5M2 Exam Practice Test

What is the purpose of a Disaster Recovery Plan?

In an organisation, who is responsible for creating a risk assessment register?

Which of the following will you put into box 2?

What would happen if a company enacts its Contingency Agreement following a natural disaster?

Which of the following are factors which can lead to a supplier becoming insolvent? Select THREE

Khalid is a procurement manager who works at a manufacturing organisation based in the UK. The organisation creates building fabric materials by converting raw materials such as steal into useable items in the construction industry. Khalid sources most of his steal internationally due to competitive prices. On one occasion with his usual supplier, the ship that is carrying the materials sinks due to an unexpected storm.
Which clause would be activated within the contract?

A large multi-national corporation has just been awarded a credit rating of C by the three main credit rating agencies. What does this score signify?