CIPS Supplier Relationships L4M6 Question # 16 Topic 2 Discussion

CIPS Supplier Relationships L4M6 Question # 16 Topic 2 Discussion

L4M6 Exam Topic 2 Question 16 Discussion:
Question #: 16
Topic #: 2

The executive board of a manufacturing company is requesting support from the procurement team because the company needs to improve its levels of profitability. After segmenting the overall spend by value and risk of supply, the senior buyer for the company is planning to undertake a cost modelling activity. This will be undertaken with a cross-organisational team of internal stakeholders and key strategic suppliers. What would be the buyer's initial objective from the cost modelling activity?


A.

To understand the supplier's investment plans


B.

To understand the supplier's financial status


C.

To understand the supplier's pricing strategy


D.

To understand the supplier's competitive threats


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