CIPS Managing Supply Chain Risk L5M2 Question # 7 Topic 1 Discussion

CIPS Managing Supply Chain Risk L5M2 Question # 7 Topic 1 Discussion

L5M2 Exam Topic 1 Question 7 Discussion:
Question #: 7
Topic #: 1

Juan is a Spanish business owner who imports several parts from Japan. Juan's business operates in Euros and the parts that he buys from Japan can often take a long time to arrive, this means that the price of the items sometimes fluctuates due to the exchange rate. Which of the following would be the best option for Juan?


A.

have the supplier quote in their own currency


B.

have the supplier quote in Juan's currency


C.

have the supplier match geographical profiles of customer sales with supplier purchases


D.

terminate the contract with the foreign supplier


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