L4M4 Exam Dumps | Which award criteria can be applied when sourcing requirements from external suppliers?

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CIPS.L4M4.v2025-11-05.q105
Question 7

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Question 7/105

Which award criteria can be applied when sourcing requirements from external suppliers?

A. Delivery promises of goods

B. Price and total life-cycle costs

C. Plans and manpower numbers

D. Understanding of supplier operations

Correct Answer: B

Evaluating total life-cycle costs, including initial purchase price and long-term maintenance, aligns with ethical sourcing by promoting cost-effective and sustainable procurement. It ensures value for money and supports environmentally and financially responsible sourcing practices.

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