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CIPS Exam A7 Topic 1 Question 54 Discussion

Actual exam question for CIPS's A7 exam
Question #: 54
Topic #: 1
[All A7 Questions]

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

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Suggested Answer: D

by Nieves at Mar 18, 2024, 02:00 PM

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Larae
8 months ago
Overall, it seems like there are different opinions on the best approach to achieve supply base rationalization. Each option has its own advantages and it ultimately depends on the specific needs and goals of the organization.
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Lennie
8 months ago
I agree, having a diverse supplier base can definitely help in mitigating supply chain disruptions.
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Brandee
8 months ago
I think option A could also be a valid strategy as recruiting more suppliers can help diversify the supply chain and reduce risk.
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Brandon
8 months ago
I see your point, but I personally think option D is more practical as it maintains relationships with all suppliers while streamlining communication.
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Sabra
8 months ago
I disagree, I believe option C is the most cost-effective approach as it focuses on retaining only the lowest cost suppliers.
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Maile
8 months ago
I think option B is the best choice because it allows for improving quality while reducing the number of suppliers.
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Corazon
9 months ago
That's an interesting point, Jovita. It could help to manage risk while maintaining relationships.
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Jovita
9 months ago
I think retaining all existing suppliers but tiering them could be a good compromise.
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Margarett
9 months ago
But Corazon, what if the lowest cost suppliers are not the most reliable?
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Corazon
10 months ago
I believe reviewing the supply base and retaining only the lowest cost suppliers is more effective.
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Jovita
10 months ago
I agree with Margarett, reducing the number of suppliers while improving quality makes sense.
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Margarett
10 months ago
I think the best way is to evaluate existing suppliers and improve quality.
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