L4M4 Exam Dumps | Other than price, what should a buyer consider when evaluating supplier quotations? * Lead times * Add-on

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CIPS.L4M4.v2025-11-05.q105
Question 81

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Question 81/105

Other than price, what should a buyer consider when evaluating supplier quotations?
* Lead times
* Add-on costs
* Wastage rates
* Past performance

A. 1, 2, and 4 only

B. 1, 2, and 3 only

C. 2, 3, and 4 only

D. 1, 3, and 4 only

Correct Answer: A

In addition to price, factors like lead times, add-on costs, and past performance are important to ensure the supplier meets the buyer's requirements sustainably and reliably. These criteria align with ethical sourcing by promoting value and accountability beyond just cost considerations.

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