These are some common learning areas that CIPS often asks in the exam. However we can not assure that they will not ask other areas of knowledge.

• Factors influencing the location of warehouse
• Barcoding
• RFID: features, usage, benefits and disadvantages
• Warehouse equipment
• Pallet
• Automation in warehousing: AGV
• Types of inventories: materials, work-in-progress, finished product
• Dependent and independent stock
• ABC classifications
• Obsolescent and redundant stock: how to mitigate the risk of obsolescence?
• Costs of inventory
• The use of MRP and ERP
• Just-in-time and Lean
• Inventory measure: Cost of goods sold, rate of stock turn, service level
• Whole life costing: cost elements, net present value
• Environmental factors in decommission and disposal of asset.

Prepare for your exam with our practice tests. They are on BIG SALE with just a half of normal price

L4M1: Scope and Influence of Procurement and Supply

L4M2: Defining Business Needs

L4M3: Commercial Contracting

L4M4: Ethical and Responsible Sourcing

L4M5: Commercial Negotiation

L4M6: Supplier Relationship

L4M7: Whole Life Assets Management

L4M8: Procurement and Supply in Practice