CIPS Exam A7 Topic 1 Question 56 Discussion

Actual exam question for CIPS's A7 exam

Question #: 56
Topic #: 1

Supply base rationalization is best achieved by which of the following means?

AInvestigating the supply market to recruit more suppliers to lower the supply risk

BEvaluating existing suppliers with the aim of reducing the number but improving the quality

CReviewing the supply base and retaining only the lowest cost suppliers

DRetaining all existing suppliers but reducing direct contact by supplier tiering.

Show Suggested Answer

Suggested Answer: D

by Dana at Apr 24, 2024, 03:50 PM

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2 days ago

I think the best way to achieve supply base rationalization is by evaluating existing suppliers to reduce their number.

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15 days ago

I prefer reviewing the supply base and keeping only the lowest cost suppliers.

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16 days ago

I believe evaluating existing suppliers to reduce the number is more effective.

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17 days ago

I think the best way is to investigate the supply market for more suppliers.

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