What You'll Learn

  • Apply strategic sourcing and category management models
  • including A.T. Kearneys 7-step process
  • to procurement scenarios,Analyse expenditure using Pareto analysis
  • the Kraljic matrix
  • the BCG Matrix and Porters Five Forces,Interpret spend
  • forecasting
  • demand-pattern and contract data to support category management decisions,Evaluate stakeholder needs
  • supplier relationships and total cost models
  • including total cost of ownership,Calculate contract leakage
  • break-even
  • cost-plus and other pricing outcomes in exam-style scenarios,Build exam confidence with 300 original L5M6 questions
  • detailed explanations and Study Guide references

Requirements

  • No prior L5M6 study is required; every question is mapped to the L5M6 learning outcomes and explained in full,Access to the CIPS L5M6 Study Guide is helpful for following the page references in each explanation

Description

Prepare for the CIPS Level 5 L5M6 Category Management exam with 300 original, exam-style practice questions, each mapped to the module's learning outcomes and assessment criteria.

Every question comes with a full explanation: why the correct answer is right, why each distractor is wrong, a practical exam tip and a reference to the relevant section and page of the Study Guide. You do not just check your score; you learn the concept behind every answer.


What is included:

3 Chapter Tests (40 questions each), one for each learning outcome

3 Full Mock Exams (60 questions each), mixing all three learning outcomes in full exam format

Single-select and multi-select questions, including scenario, calculation and data-interpretation items


Topics covered:

Strategic sourcing and category management models, including A.T. Kearney's seven-step process

Transactional versus strategic sourcing, cross-functional teams and the technical and behavioural skills of category managers

Spend analysis, Pareto analysis, expenditure trees and category hierarchies

Portfolio tools: the Kraljic matrix, supply positioning, the BCG Matrix and Porter's Five Forces

Forecasting, demand patterns, market trends and STEEPLED analysis

Contract compliance, leakage, lead-time compliance, rebates and balanced scorecards

Stakeholder mapping, supplier relationships, total cost modelling and total cost of ownership

Industry life cycle, competitive rivalry and pricing models such as break-even, cost-plus, marginal and peak pricing


The questions are written to test application, analysis and judgement, not just recall, so you practise the kind of thinking the exam rewards.

Disclaimer: This is an independent practice resource created by Procurement Practice Hub. It is not affiliated with, endorsed by or produced by CIPS, and it does not contain real exam questions.

Who this course is for:

  • CIPS Level 5 Diploma candidates preparing for the L5M6 Category Management exam,Procurement and supply professionals who want to test and strengthen their category management knowledge,Buyers and category managers who want practice applying strategic sourcing and portfolio tools
CIPS L5M6 Category Management | 300 Q

Course Includes:

  • Price: FREE
  • Enrolled: 0 students
  • Language: English
  • Certificate: Yes
  • Difficulty: Beginner
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