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CIPS Managing Supply Chain Risk L5M2 Question # 3 Topic 1 Discussion

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CIPS Managing Supply Chain Risk L5M2 Question # 3 Topic 1 Discussion

L5M2 Exam Topic 1 Question 3 Discussion:
Question #: 3
Topic #: 1

Chloe is a procurement manager at Ruby Company. She has been asked to join a cross-functional team to review the company's risk appetite, potential risks within the supply chain and brainstorm mitigating actions. Chloe has suggested that the cross-functional team should first draw up a list of potential supply chain risks and potential strategies to overcome the risks. Is Chloe correct?
A.

yes- the first thing the team should look at are the risks and categorise these by topic

B.

yes- the team should focus on creating a risk register and strategies for mitigating risks as quickly as possible

C.

no- the team should review the company's risk appetite before creating a risk register

D.

no- Chloe should first speak with suppliers before drawing up the list of potential supply chain risks

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Actual exam question for CIPS L5M2 exam by Nash28063 at Aug 3, 2025, 12:00:00 AM

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