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Question 310 - CSCP discussion

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Which type of purchase is best suited for single sourcing with a preferred supplier to reduce supply chain risk?

A.
Strategic
Answers
A.
Strategic
B.
Routine
Answers
B.
Routine
C.
Bottleneck
Answers
C.
Bottleneck
D.
Leverage
Answers
D.
Leverage
Suggested answer: A

Explanation:

Strategic purchases are best suited for single sourcing with a preferred supplier to reduce supply chain risk. These purchases are critical to a company's operations and often involve complex and high-value items. By single sourcing with a preferred supplier, a company can establish a strong, collaborative relationship, ensuring quality, reliability, and continuity of supply, while also potentially benefiting from supplier innovation and cost efficiencies.

Routine (B) purchases are low value and low risk, often sourced from multiple suppliers.

Bottleneck (C) items have a high supply risk but are not necessarily strategic; they might require multiple sources or contingency planning.

Leverage (D) items have significant purchasing power and are typically sourced from multiple suppliers to optimize costs.

Kraljic, P. (1983). Purchasing must become supply management. Harvard Business Review.

Monczka, R. M., Handfield, R. B., Giunipero, L. C., & Patterson, J. L. (2015). Purchasing and Supply Chain Management. Cengage Learning.

asked 16/09/2024
Bulu padhee
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