CIPS L4M7 Questions - Quick Tips To Pass [2025]

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The CIPS L4M7 exam is offered by the Chartered Institute of Procurement and Supply (CIPS), a global professional body that sets the standards for best practice in procurement and supply chain management. The CIPS L4M7 Exam is designed to test candidates' knowledge and understanding of whole life asset management principles and practices, and their ability to apply these in real-world scenarios.

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CIPS L4M7 Certification Exam is aimed at professionals who are involved in asset management, including procurement and supply chain professionals, facilities managers, engineers, and operations managers. L4M7 Exam is also relevant for anyone who is involved in asset management in any other capacity or industry.

CIPS Whole Life Asset Management Sample Questions (Q32-Q37):

NEW QUESTION # 32
Which of the following is the cylindrical container that is suitable for liquids or loose material

A. Tote box
B. Storage bag
C. Industrial container
D. Drum

Answer: D

Explanation:
Drum is the container for stock, which is usually cylindrical and can be made from a variety of materials.
Contents are usually loose material or liquids
A picture containing tableware, kitchen appliance Description automatically generated

Tote box is the reusable storage box. These can be open or have lids or flaps to close them and come in a large variety of sizes and weight loadings.
A tote is ideal for holding and hauling items such as: tools, fasteners, bark dust, dry cement, cords, wires, smaller boxes,...
For larger and bulkier items, industrial containers make it easy to keep things stored and in one spot for transportation. Due to the metal interior, an industrial container is more appropriate for items that - unlike tools and small pieces of machinery - lack any surface sensitivity.
Solid containers like bins and totes are far from the only storage devices for the various materials that are needed in abundance at factories and warehouses. Another option is the storage bag, which can be used to hold bulk supplies of items until they're needed for the department shelves or assembly lines.
LO 1, AC 1.1

NEW QUESTION # 33
Which of the following are typical characteristics of 2D barcodes? Select TWO that apply.

A. 2D barcodes are exclusively used for marketing purpose
B. The 2D barcodes are machine-readable
C. 2D barcodes can be read by linear scanners
D. 2D barcodes can contain more data than 1D barcodes
E. Every 2D barcodes must conform international standards

Answer: B,D

Explanation:
Two-dimensional (2D) barcodes look like squares or rectangles that contain many small, individual dots. This has many different types (i.e. Data matrix, QR codes, Aztec code,...) and several different standards in use (i.
e. GS1 standards, ISO/IEC 18004:2015). It can be substituted for 1D barcode, but it has the capability to hold a larger amount of data. For examples, GS1 Data Matrix can contain 3116 Numeric characters or 2335 Alphanumeric characters while GS1-128 barcode has maximum capacity of 48 characters.
Like 1D barcodes, 2D barcodes are also machine-readable with dots/squares and spaces. They have symbology like this:
Qr code Description automatically generated

Since the code is two dimensional, conventional laser scanner can't read it. 2D barcodes require imaging scanner to read.
2D barcodes can be also used for different purposes throughout the supply chain: identifying prod-ucts/SKU (single unit, packaged or pallet), identifying content of a purchase order or delivery, identifyingthe batch number from which the item originates, identifying the manufacturer, country of origin etc, tracking status of an order, shipment or delivery

NEW QUESTION # 34
XYZ Ltd is a retailer in the US. Their customers' demand for Thanksgiving and Christmas decora-tions usually rises in the end of the year. This irregular demand results in more required storage space for finished goods during peak seasons. Which of the following are possible solutions for dealing with required additional space?
1. Maximising aisle width
2. Keeping high buffer stock throughout the year
3. Maximising flexibility in warehouse layout
4. Installing mezzanine floor

A. 1 and 3 only
B. 3 and 4 only
C. 2 and 4 only
D. 1 and 2 only

Answer: B

Explanation:
Possible solutions to the high irregular or seasonal demand problems are listed below:
* Take advantage of the height of the warehouse
- Mezzanine floor
- High racking system (increase storage capacity but require high-reach material handling equip-ment)
* Eliminate dead stock or inventory
* Improve material flow
* Improve storage location method
* Consider using aisle space during demand peak
* Narrow aisles between racks (require narrow handling equipment)
* Carousel-type storage system
* Auto-storage and retrievals system (ASRS)
Reference:
LO 1, AC 1.1

NEW QUESTION # 35
Which of the following refer to material used for filling the void left in the box but they have poor environmental profile?

A. Polystyrene chips
B. Polypropylene straps
C. Metal racking
D. Cages

Answer: A

Explanation:
Void filling is the general term giving to the challenge of filling the space left in a box after the products have been packed. This means that if there is no void filling material, the product inside can move around and could be damaged. Materials to fill voids to secure contents
* Polystyrene (PS) is a synthetic aromatic hydrocarbon polymer made from the monomer known as styrene.[5] Polystyrene can be solid or foamed. General-purpose polystyrene is clear, hard, and rather brittle. It is an inexpensive resin per unit weight. It is a rather poor barrier to oxygen and water vapour and has a relatively low melting point.[6] Polystyrene is one of the most widely used plastics, the scale of its production being several million tonnes per year.[7] Polystyrene can be naturally transparent, but can be coloured with colourants. Uses include protective packaging (such as packing peanuts and CD and DVD cases), containers, lids, bottles, trays, tum-blers, disposable cutlery[6] and in the making of models. Polystyrene is generally considered to be non-biodegradable. However, certain organisms are able to degrade it, albeit very slowly.
* Chips made of bio-degradable materials
* Absorbent and fire-resistant material
* Shredded paper, cardboard or wood-Based material
* Paper or cardboard rolls
* Bubble wrap
* Air-filled cushions
* Self expanding foam
Straps are used to group items into unit load. Polypropylene or polyester are the materials most often used. The wider the strap, the stronger it will be. Using more than one strap and straps for length and width will create a strong place for stock.

Reference:
- Polystyrene (Wikipedia)
- CIPS study guide page 65
LO 1, AC 1.3

NEW QUESTION # 36
In ABC analysis, category C is also known as...?

A. Direct spend
B. Long tail spend
C. Indirect spend
D. Capital expense

Answer: B

Explanation:
Tail Spend is derived from ABC Analysis, Class A high value suppliers, Tail Spend is formed from class B & C suppliers, equates to 20% of the total spend, B is Mid Tail and C is Long tail. Effective Spend Analysis and tail spend management, ensures that procurement can focus on creating an optimum and efficient sourcing strategy.
Procurement Spend Analysis
Procurement organisations effectively identify and manage suppliers using a sourcing strategy. Tail suppliers normally have low strategic value and makes the category management, very difficult . Spend Analysis and Category Management are very closely aligned, Spend Analysis including ABC, provides the category manager, with spend visibility.
Spend Analysis and procurement metrics are used to create category plans, build supplier relation-ships, to maintain service levels and deliver the best possible price and quality for goods and ser-vices bought. The acquisition of Spend data and subsequent Spend Analysis, provides Category Managers access to a well-structured procurement process, Reference:
LO 2, AC 2.1

NEW QUESTION # 37
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CIPS L4M7 Questions - Quick Tips To Pass [2025]

L4M7 Reliable Dumps Ppt | L4M7 Latest Learning Materials

CIPS Whole Life Asset Management Sample Questions (Q32-Q37):

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