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CIPS Exam L4M2 Topic 3 Question 12 Discussion
Actual exam question for
CIPS's
L4M2 exam
Question #: 12
Topic #: 3
[All L4M2 Questions]
Topic #: 3
A company has a lists of items that make up 15% of total spend. These items also do not largely impact on quality of final product. The supply continuity is secured. Which of the following will be the most appropriate managing approach to purchase these items?
Suggested Answer:
B
Those items make up small portion of spend and the supply risk is low. So it is tactical item according to Kraljic portfolio matrix. Procurement should bundle these items into larger contracts, simplify procurement process.
LO 2, AC 2.1
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