The purchasing strategy in which the purchasing company orders a particular part from several vendors is
A)sole sourcing.
B)multiple sourcing.
C)just-in-time sourcing.
D)backup sourcing.
E)parallel sourcing.

Question

Quizplus · Accepted Answer

Multiple sourcing is the purchasing strategy in which a company orders a particular part from several vendors. This approach helps mitigate the risk of supply chain disruption and provides the purchasing company with more negotiating power over vendors. Other options listed, such as sole sourcing and backup sourcing, involve relying on a single vendor and may carry increased risk or cost.

The Purchasing Strategy in Which the Purchasing Company Orders a Particular