CIPS Supplier Relationships L4M6 Question # 56 Topic 6 Discussion

CIPS Supplier Relationships L4M6 Question # 56 Topic 6 Discussion

L4M6 Exam Topic 6 Question 56 Discussion:
Question #: 56
Topic #: 6

A low-cost fashion retailer based in Europe is looking at adding value in their procurement activities. The retailer buys clothing for re-sale with a very small profit margin applied, relying on volume salesto make 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.

Quality enhancement


B.

Price management


C.

Improving timescales


D.

Reduction of inventory


Get Premium L4M6 Questions

Contribute your Thoughts:


Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.