About CIPS Whole Life Asset Management testking dumps

CIPS L4M7 Exam Syllabus Topics:

Topic	Details
Topic 1	Dependent demand and independent demand itemsof stock ABC classifications of stock that may apply
Topic 2	Systems for product coding Bar coding The use of RFID technologies
Topic 3	Identify the principles, purpose and impact of stores and warehouse design Identify the direct and indirect costs of holding inventory
Topic 4	Differentiate between the different classifications of inventory Identify techniques associated with inventory control
Topic 5	Explain the use of product coding in inventory operations Order tracking technologies
Topic 6	Opening stock, work in progress, safety stock and finished goods Obsolescent and redundant stock
Topic 7	Contrast the impact of the use of different warehousing equipment Understand methods for the storage and movement of inventory
Topic 8	Environmental standards for packaging Materials handling equipment
Topic 9	Ensure senior management support Use best estimates of values available Identify the contributing elements to end-of-life costs
Topic 10	Hidden costs – global sourcing, risks associated with extended supply chain Cross functional support – ensure access to data

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

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