CPSM Exam 3 Practice Questions - CPSM Exam 3 - Leadership And Transformation In Supply Management Exam

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A supply management executive must present a business case to the CFO for a new supplier development program. Which financial argument is MOST persuasive to a CFO?

The program will improve supplier satisfaction scores The program aligns with industry best practices The program will reduce total cost of ownership by 8% and reduce supply disruption risk by diversifying the supply base The program reflects a commitment to long-term partnerships

Correct Answer:

The program will reduce total cost of ownership by 8% and reduce supply disruption risk by diversifying the supply base

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