CIPS L5M2 exam is designed to test the knowledge and skills of procurement and supply chain professionals in managing supply chain risks. L5M2 exam is part of the Chartered Institute of Procurement and Supply (CIPS) Level 5 Professional Diploma in procurement and supply qualification. L5M2 exam covers various aspects of supply chain risks, including identifying and assessing risks, developing risk management strategies, and implementing risk mitigation measures.
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CIPS L5M2 Exam covers essential topics such as supply chain risk management frameworks and models, the identification and evaluation of risks, developing effective risk mitigation strategies, and crisis management. It also covers legal and regulatory requirements related to supply chain risk management, procurement policies, and contract management.
CIPS L5M2 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Risk identification and assessment | - Risk identification techniques - Risk analysis and evaluation methods |
| Topic 2: Understanding supply chain risk | - Sources of risk in global supply chains - Definition and nature of supply chain risk |
| Topic 3: Risk mitigation strategies | - Supplier diversification and resilience planning - Risk avoidance, transfer, and reduction strategies |
| Topic 4: Compliance and governance risks | - Legal and regulatory compliance in supply chains - Ethical and sustainability risks |
| Topic 5: Supply chain continuity and resilience | - Crisis management and recovery - Business continuity planning |
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