CIPS L4M7

Exam Code: L4M7

Exam Name: CIPS Whole Life Asset Management

Updated: Jul 08, 2026

Q & A: 297 Questions and Answers

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CIPS L4M7 Exam Syllabus Topics:

Topic	Details
Topic 1	Differentiate between the different classifications of inventory Identify techniques associated with inventory control
Topic 2	Understand the key elements of effective inventory control Factors that influence stores and warehouse layout
Topic 3	Systems for product coding Bar coding The use of RFID technologies
Topic 4	Dependent demand and independent demand itemsof stock ABC classifications of stock that may apply
Topic 5	The use of automation in warehousing Palletisation and unit loads
Topic 6	Contrast the impact of the use of different warehousing equipment Understand methods for the storage and movement of inventory
Topic 7	Environmental standards for packaging Materials handling equipment
Topic 8	Opening stock, work in progress, safety stock and finished goods Obsolescent and redundant stock
Topic 9	Identify the principles, purpose and impact of stores and warehouse design Identify the direct and indirect costs of holding inventory
Topic 10	Hidden costs – global sourcing, risks associated with extended supply chain Cross functional support – ensure access to data
Topic 11	Explain the use of product coding in inventory operations Order tracking technologies

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

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