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CIPS Exam L4M2 Topic 2 Question 33 Discussion

Actual exam question for CIPS's L4M2 exam
Question #: 33
Topic #: 2
[All L4M2 Questions]

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?

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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


by Arthur at Apr 28, 2024, 05:23 AM

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Latia
6 months ago
True, but I still believe option B seems the most practical.
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Zachary
6 months ago
But driving down costs could be important too. Market competition might help reduce expenses.
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Nilsa
6 months ago
Agreed. Also, there's no major impact on quality.
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Flo
6 months ago
I think simplifying the procurement process makes sense. It impacts a small portion of spend.
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Jerry
6 months ago
Yeah, I guess it's more about procurement strategy.
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Latia
6 months ago
This question seems straightforward, right?
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