L4M4 Exam Question 106
A procurement manager who works in the public sector has received 8 submissions to a tender op-port unity that was advertised on OJEU. The average price submission for the contract was £1m but one supplier has submitted a price of £200,000, which the procurement manager has identified as being 'an abnormally low tender'. What should be the procurement manager's course of action?
L4M4 Exam Question 107
A buyer has been tasked with placing an order for steel from another country and using Incoterms for delivery. The buyer's organisation has an in-house transportation and export clearance department. During negotiations, the buyer achieved a 25% cost reduction by accepting responsibility for loading, transportation, and export clearance. Which Incoterm has been agreed?
L4M4 Exam Question 108
Which of the following should be conducted during the analysis of tender responses?
* Produce a report on each submission
* Review the pre-qualification questionnaire
* Check the arithmetical accuracy of each tender
* Evaluate the market dynamics
* Produce a report on each submission
* Review the pre-qualification questionnaire
* Check the arithmetical accuracy of each tender
* Evaluate the market dynamics
L4M4 Exam Question 109
Which of the following information can facilitate international imports and exports?
* Product quality statistics
* Certificate of origin
* Purchase order
* Supplier financial position
* Product quality statistics
* Certificate of origin
* Purchase order
* Supplier financial position
L4M4 Exam Question 110
Zeb is a Procurement Manager at Zig Zag Zips manufacturing. The organisation has a complex supply chain and works with 46 different suppliers, many of these international. Which of the follow-ing would be the most useful for Zeb to address issues of Modern Slavery?
