QuestionQ56

Supplier Management

What is the objective of the supplier management practice?

  • A Creating value streams for supplier management activities
  • B Appointing a service integrator to manage an organization’s suppliers
  • C Ensuring that the risks of using suppliers’ services are documented
  • D Eliminating an organization’s dependency on suppliers
Explanation

Supplier management includes identifying and recording risks arising from supplier-provided services so they can be assessed, controlled, and managed. This supports appropriate supplier oversight and dependable service delivery.

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