L4M4 Exam Dumps - Ethical and Responsible Sourcing
A buyer is only interested in working with suppliers who have strong Environmental and Social Governance practices. It is therefore using ethical criteria as supplier selection stage to determine which suppliers to work with. Which of the following statements is true?
What type of relationship should a buyer seek when making strategic sourcing for their business?
Which of the following can be undertaken by the buyer in relation to the governance of a supplier's ethical and sustainable behaviours?
Review the insurance clauses in the contract
Check that the supplier's internal policies are up to date
Check the supplier's conflict of interest register for their contract
Review the non-disclosure agreement for their contract
Which of the following areas of legislative and regulatory requirements prevent the deliberate limit-ing of supply and the formation of cartels?
Raja is a procurement manager who is keen to gain further insight into the current marketplace and whether local suppliers are capable to provide a service he is looking to procure. He wishes to test the market before he begins a formal tender process. What should Raja do?