CIPS Supplier Relationships L4M6 Question # 34 Topic 4 Discussion

CIPS Supplier Relationships L4M6 Question # 34 Topic 4 Discussion

L4M6 Exam Topic 4 Question 34 Discussion:
Question #: 34
Topic #: 4

A low-cost fashion retailer based in Europe is looking at adding value in their procurement activities. The retailer buys clothing for resale with a very small profit margin applied, relying on volume sales to make a profit. Which of the following added-value approaches will be the most critical for the procurement team of the retailer to focus on with their supply chain?


A.

Improving timescales


B.

Quality enhancement


C.

Reduction of inventory


D.

Price management


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