CIPS L4M7 Exam Syllabus Topics:
| Topic | Details |
|---|
| Topic 1 | - Ensure senior management support
- Use best estimates of values available
- Identify the contributing elements to end-of-life costs
|
| Topic 2 | - Contrast the impact of the use of different warehousing equipment
- Understand methods for the storage and movement of inventory
|
| Topic 3 | - Environmental standards for packaging
- Materials handling equipment
|
| Topic 4 | - Understand the key elements of effective inventory control
- Factors that influence stores and warehouse layout
|
| Topic 5 | - Systems for product coding
- Bar coding
- The use of RFID technologies
|
| Topic 6 | - The use of automation in warehousing
- Palletisation and unit loads
|
| Topic 7 | - Discuss options to reduce costs whilst mitigating any negative impact on service levels
- Location of stores and warehouses
|
| Topic 8 | - Dependent demand and independent demand itemsof stock
- ABC classifications of stock that may apply
|
| Topic 9 | - Explain the use of product coding in inventory operations
- Order tracking technologies
|
| Topic 10 | - Opening stock, work in progress, safety stock and finished goods
- Obsolescent and redundant stock
|
Reference: https://www.cips.org/qualifications/diploma-in-procurement-supply/whole-life-asset-management
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