CIPS L4M7 guide torrent - CIPS Whole Life Asset Management

Updated: Aug 15, 2026

Q & A: 297 Questions and Answers

About CIPS L4M7 Guide Torrent

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	Discuss options to reduce costs whilst mitigating any negative impact on service levels Location of stores and warehouses
Topic 3	Dependent demand and independent demand itemsof stock ABC classifications of stock that may apply
Topic 4	Differentiate between the different classifications of inventory Identify techniques associated with inventory control
Topic 5	The use of automation in warehousing Palletisation and unit loads
Topic 6	Identify the principles, purpose and impact of stores and warehouse design Identify the direct and indirect costs of holding inventory
Topic 7	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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