L4M4 Exam Dumps | Compared with single sourcing, what is a key advantage to dual or multiple sourcing? Select TWO

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CIPS
Ethical and Responsible Sourcing
CIPS.L4M4.v2025-11-05.q105
Question 66

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Question 66/105

Compared with single sourcing, what is a key advantage to dual or multiple sourcing? Select TWO

A. It is easy to drive down costs

B. There is a risk of failure to supply

C. Economies of scale

D. Supplier Loyalty

E. Low risk of failure to supply

Correct Answer: A,E

The correct answers are 'it is easy to drive down costs' (as you can pit the suppliers against each other) and
'low risk of failure to supply' (if one supplier can't provide what you need, the other supplier might be able to).
Economies of scale and supplier loyalty are advantages of single-sourcing.
There is a risk of failure to supply is a risk associated with single sourcing.
There's a useful table of advantages and disadvantages of single / multi sourcing on p.22. Types of sourcing is a key topic for the exam.

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