CIPS Ethical and Responsible Sourcing L4M4 Question # 22 Topic 3 Discussion

CIPS Ethical and Responsible Sourcing L4M4 Question # 22 Topic 3 Discussion

L4M4 Exam Topic 3 Question 22 Discussion:
Question #: 22
Topic #: 3

A procurement manager has developed some reports in order to analyse total company expenditure on bought-in goods and services from external suppliers. Expenditure information by product category or supplier can achieve which of the following? Select TWO that apply.


A.

Help the organisation set its marketing strategy


B.

Highlight opportunities for negotiating better prices and reducing costs with suppliers


C.

Provide information on costs and trends to compare with previous time periods


D.

Provide analysis to help with planning production schedules


E.

Identify how obsolete stock items can be disposed of in a sustainable way


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