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Author: Daniel Do

Are the CIPS exam questions on current ratio and quick ratio difficult to answer?

Are the CIPS exam questions on current ratio and quick ratio difficult to answer?

Most students are afraid of exam questions involving financial caculation as they struggle to remember the formulas. Many students cram for the exam, which does not allow them sufficient time to absord financial concepts coverd in the CIPS books. You can only keep this content in your head if you understand them deeply and practice regularly. There is variety of financial ratios which provide you with different insights. Selecting appropriate ones will depend on your purposes. In this post, I…

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As a buyer, what should you do in Stage 2 of CIPS Procurement Cycle – Market Analysis & Make or Buy Decision?

As a buyer, what should you do in Stage 2 of CIPS Procurement Cycle – Market Analysis & Make or Buy Decision?

Once the need is justified, buyers begin seeking the best means to satisfy it. They must assess whether their company can fulfill the requirement internally. Even if they are capable of doing so, it’s still essential to look outward to the market to compare the efficiency of available options. Conducting market analysis is not easy, it demands considerable time and effort. Skilled buyers with profound market knowledge and strong communication skills can obtain valuable insights, leading to informed decisions. If…

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Buy Smarter, Not Just Cheaper: Your Guide to Value for Money

Buy Smarter, Not Just Cheaper: Your Guide to Value for Money

You are a buyer responsible for purchasing office equipment. How can your company assess your performance? They may mismanage your performance if they focus solely on cost savings. CIPS recommends a concept known as “Value for Money”, which your company can use to evaluate your performance more comprehensively. This concept is frequently covered in the exam, so you should spend time researching what it means and how to apply it to your daily work. In the CIPS study guide, several…

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Before You Buy, Know What You’ll Really Pay!

Before You Buy, Know What You’ll Really Pay!

Total Cost of Ownership (TCO) is one of the key concepts in CIPS knowledge. CIPS often includes multiple-choice questions and essay prompts on TCO in its exams, highlighting its importance for procurement professionals. In fact, many purchasers rush to sign on a contract with a supplier who offers lowest price. However, this impulsive decision can lead to additional costs for the buying organization. The supplier offering the lowest purchased price often turns out not to be the best one. Clearly,…

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FREE EVENT: Stuck on something in L4M1? We are here to guide you every step of the way!

FREE EVENT: Stuck on something in L4M1? We are here to guide you every step of the way!

L4M1 seems to be a challenging module for many CIPS students. We’ve decided to organize a FREE L4M1 revision event, where we’ll answer all questions related to the module raised during the session. We are pleased to invite you to our FREE revision event for this Saturday (11th October, 2025). Please find the details below: Topic: Stuck on something in L4M1? We are here to guide you every step of the way! Time: 10:00 AM Central Africa Time (9:00 AM UK…

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