With reference to the strategic sourcing framework,profit impact is
A)the result of the sheer volume of spend for a particular item.
B)used to determine cost discounts targets for different suppliers.
C)a framework for making purchasing-related decisions.
D)used to make investment decisions in supplier assets.

Question

Quizplus · Accepted Answer

Profit impact refers to the effect that the volume of spend on a particular item has on a company's profitability, making it a key consideration in strategic sourcing.

With Reference to the Strategic Sourcing Framework,profit Impact Is