CIPS Exam A7 Topic 1 Question 65 Discussion

Actual exam question for CIPS's A7 exam

Question #: 65
Topic #: 1

[All A7 Questions]

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 Lonna at Aug 06, 2024, 05:29 PM

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Mabelle

8 months ago

Ha! Reducing direct contact through supplier tiering? That's like trying to fix a flat tire by putting a bandaid on it. Option B is clearly the winner here.

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Graciela

7 months ago

Yeah, recruiting more suppliers might just add more complexity to the supply chain.

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Dewitt

7 months ago

I agree, it's important to evaluate and improve the existing suppliers.

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Willodean

7 months ago

Option B is definitely the way to go. Quality over quantity!

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Osvaldo

8 months ago

I prefer retaining all existing suppliers but reducing direct contact through supplier tiering for better management.

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Yong

8 months ago

Hmm, I'm not sure. Retaining only the lowest cost suppliers in option C seems a bit risky. Quality should be the priority, not just cost.

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Douglass

7 months ago

True, retaining all existing suppliers but reducing direct contact through tiering might also be a good strategy.

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Ciara

7 months ago

I see your point, but investigating the supply market to recruit more suppliers could also help lower supply risk.

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Daren

7 months ago

I think evaluating existing suppliers to reduce the number but improve quality could be a good approach.

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My

7 months ago

I agree, quality should definitely be a priority when it comes to supply base rationalization.

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Sharita

8 months ago

I think reviewing the supply base and retaining only the lowest cost suppliers is the most cost-effective option.

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Luisa

8 months ago

I disagree, I believe we should recruit more suppliers to lower supply risk.

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Mel

8 months ago

I agree with Desire. Option B is the best approach to streamline the supply chain and enhance supplier performance.

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Meaghan

7 months ago

I agree. It's important to have fewer suppliers but ensure they are top-notch.

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Almeta

7 months ago

I think option B is the way to go. Quality over quantity.

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Justine

8 months ago

I think the best way is to evaluate existing suppliers and improve quality.

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Desire

8 months ago

B is the way to go! Reducing the number of suppliers but improving their quality is key for effective supply base rationalization.

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Hannah

7 months ago

True, but having too many suppliers can also increase complexity and cost.

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Alaine

8 months ago

But wouldn't investigating the supply market for more options also help reduce supply risk?

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Luann

8 months ago

I agree, quality over quantity when it comes to suppliers.

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