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EastWind [94]
1 year ago
12

in which sourcing category would an item typically be classified, if it is considered to be low value, low risk, and there are l

ots of potential suppliers?
Business
1 answer:
alisha [4.7K]1 year ago
4 0

If an item is considered to be low value, low risk, and has a large number of potential suppliers, it is typically classified in the leverage sourcing category.

<h3><u>What does a category of leverage sourcing mean?</u></h3>

The term "leverage sourcing category" is used in the procurement process to describe goods that have a variety of low-risk sources of supply. In most cases, it is assumed that using leverage will result in high expenditures and possible procurement savings.

<u>What roles do the various categories of leveraged sourcing play?</u>

  • Grouping of the items to be purchased to aid in negotiations
  • Reduce costs by making use of a market that is competitive.
  • It aids in developing automatic supplier interfaces to cut down on process costs.

Learn more about the leverage sourcing category with the help of the given link:

brainly.com/question/4270172

#SPJ4

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