CPSM Practice Questions - CPSM Certified Professional In Supply Management Exam

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A buyer is sourcing a custom component that is critical to production. One supplier is slightly cheaper, but two qualified suppliers are available. Which sourcing strategy BEST balances cost and continuity?

Award 100% to the lowest-cost supplier Split the award between both qualified suppliers Delay award until a third supplier appears Buy only on the spot market

Correct Answer:

Split the award between both qualified suppliers

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