CIPS Defining Business Needs L4M2 Question # 64 Topic 7 Discussion

CIPS Defining Business Needs L4M2 Question # 64 Topic 7 Discussion

L4M2 Exam Topic 7 Question 64 Discussion:
Question #: 64
Topic #: 7

British Steel needs to source a set of instruments that will improve quality of steel. Without these instruments British Steel will loss control of the temperature. The bucket may freeze up, or if it is too hot it leaks out of the casting process, damaging the machine. There is limited supply on the market and quality varies greatly. Which of the following will be the most appropriate managing approach to procure these items?


A.

Bundle these instruments into larger contract


B.

Leverage market competition to drive down cost


C.

Seek continuity of supply


D.

Form partnership with supplier


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