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A procurement professional is negotiating with a supplier on cleaning service.

A procurement professional is negotiating with a supplier on cleaning service. She realises that there are huge cost-saving opportunities if the supplier agrees to reduce its mark-up and unnecessary employee benefits. Supplier's mark-up and employee benefits are examples of which of the following?

A.

Spend waterfall

B.

Spend cube

C.

Spend tree

D.

Addressable spend

CIPS L4M5 Summary

  • Vendor: CIPS
  • Product: L4M5
  • Update on: Oct 20, 2025
  • Questions: 373
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