About CIPS L4M7 Exam

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CIPS L4M7 Exam Syllabus Topics:

Topic	Details
Topic 1	Opening stock, work in progress, safety stock and finished goods Obsolescent and redundant stock
Topic 2	Ensure senior management support Use best estimates of values available Identify the contributing elements to end-of-life costs
Topic 3	Environmental standards for packaging Materials handling equipment
Topic 4	Hidden costs – global sourcing, risks associated with extended supply chain Cross functional support – ensure access to data
Topic 5	The use of automation in warehousing Palletisation and unit loads
Topic 6	Discuss options to reduce costs whilst mitigating any negative impact on service levels Location of stores and warehouses
Topic 7	Explain the use of product coding in inventory operations Order tracking technologies
Topic 8	Contrast the impact of the use of different warehousing equipment Understand methods for the storage and movement of inventory

Reference: https://www.cips.org/qualifications/diploma-in-procurement-supply/whole-life-asset-management

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