Price has traditionally been the only dimension that suppliers have been compared on during the process of:
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Understand the Problem
The question is asking which process traditionally relies solely on price when comparing suppliers. The options are procurement, sourcing, supplier scoring and assessment, and supplier selection. We need to identify the process where price has historically been the primary factor.
Answer
Sourcing.
The answer is sourcing.
Answer for screen readers
The answer is sourcing.
More Information
Traditionally, during the sourcing process, price was the primary factor considered when comparing suppliers.
Tips
Understand the difference between procurement and sourcing, procurement is the overall process of acquiring goods or services, while sourcing is specifically focused on identifying and selecting suppliers.
Sources
- Solved Price has traditionally been the only dimension that - Chegg - chegg.com
- Ch15 Sourcing Decisions in a Supply Chain - Course Hero - coursehero.com
- print quiz 1 15 .docx - Search Chapter 15 Sourcing... - coursehero.com
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