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CIPS Supplier Relationships L4M6 Question # 25 Topic 3 Discussion

CIPS Supplier Relationships L4M6 Question # 25 Topic 3 Discussion

L4M6 Exam Topic 3 Question 25 Discussion:
Question #: 25
Topic #: 3

A company purchases products from a supplier that falls into the 'strategic' segment of the supply positioning grid. They are drawing up a formal partnership agreement with the supplier. The supplier views the company as core to their business. What would be an important clause to include in the agreement to help make sure the partnership worked in a fully collaborative way?


A.

Force majeure


B.

Continuous improvement


C.

Time of the essence


D.

Liquidated damages


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