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CIPS Exam L4M6 Topic 10 Question 51 Discussion

Actual exam question for CIPS's L4M6 exam
Question #: 51
Topic #: 10
[All L4M6 Questions]

Which of the following are advantages for the buyer of early supplier involvement with the buyer's product development team?

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Suggested Answer: A

Danny should issue a RFI (Request for Information). His next step would be to find out more about the products available by asking suppliers for information- this will help him put a spec together before he goes out to tender. The other options mean; RFQ - request for quotation- when you ask suppliers to submit a price. ITT- Invitation to tender -- a document you send out to suppliers which details all the information about the tender (this usually involves both price and quality components of assessment). OJEU- Official Journal of the European Union- where tenders for the Public Sector are published. For more info on RFI see p.74


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Leonor
1 days ago
I think the advantages of early supplier involvement are important for the buyer.
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