CIPS Whole Life Asset Management L4M7 Question # 66 Topic 7 Discussion

CIPS Whole Life Asset Management L4M7 Question # 66 Topic 7 Discussion

L4M7 Exam Topic 7 Question 66 Discussion:
Question #: 66
Topic #: 7

The Four Counties hospital in Norway is experiencing financial pressures. The procurement team is looking for the best approach to procure patient equipment that is critical and is often required at very short notice. Which of the following techniques would allow the hospital to access the stock at short notice, but without paying for it until it is used?


A.

Discounted stocking


B.

Volume-based pricing


C.

Consignment stocking


D.

Reference indices pricing


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