CPSM Exam 1 Practice Questions - CPSM Exam 1 - Supply Management Core Exam

Access More Questions

Which sourcing strategy BEST reduces supply risk for a single-source critical component while maintaining competitive pricing?

Sole sourcing with a long-term agreement that locks in one supplier Dual sourcing with split award between two qualified suppliers Spot-market buying for all volume without contracted supply protection In-house manufacturing without a full make-or-buy and capital analysis

Correct Answer:

Dual sourcing with split award between two qualified suppliers

Access more questions from this quiz

Continue to CPSM Exam 1 Practice Questions - CPSM Exam 1 - Supply Management Core Exam for more practice questions and the full quiz experience.

Access More Questions