L4M4 Exam Dumps | You have been asked to purchase 500 pens of a specific brand. You decided to use a weighted points system

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Question 21/105

You have been asked to purchase 500 pens of a specific brand. You decided to use a weighted points system for assessment of proposals. Is this approach appropriate?

A. Yes, a weighted points system is always the best way to evaluate suppliers' bids

B. No, it is not necessary, as in this case, you are mainly concerned with price

C. Yes, you should follow the same procurement process irrespective of the circumstances

D. No, you should only use a weighted points system for high-spend procurement

Correct Answer: B

For low-value, routine purchases where price is the primary consideration, employing a weighted points system may not be necessary. Such systems are more suitable for complex procurements where multiple factors, such as quality, delivery, and sustainability, need to be evaluated alongside price. In the case of purchasing standard items like pens, a straightforward price comparison is typically sufficient.
Reference:
CIPS Level 4 Diploma in Procurement and Supply, L4M4 Study Guide, Section 2.3.2: The use of weighted points systems for assessment

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