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CIPS L4M2 Exam - Topic 1 Question 74 Discussion

Gaskins Caskets (GC) is a manufacturing company that wants to identify new suppliers for a number of current parts. GC no longer has technical drawings for the parts and none of the engineers currently working for them have enough knowledge of the parts to write a specification. What could GC do to get accurate pricing from suppliers for these parts to compare to the existing parts?
B) GC could send samples of the parts to prospective suppliers as part of the request for quotation
A) GC's engineers could estimate the specification and drawings that are sent to prospective suppliers
C) GC could communicate a cost to the suppliers that must be met regardless of the final specification
D) GC could allow suppliers to develop and use their own specification as part of their cost proposal

CIPS L4M2 Exam - Topic 1 Question 74 Discussion

Actual exam question for CIPS's L4M2 exam
Question #: 74
Topic #: 1
[All L4M2 Questions]

Gaskins Caskets (GC) is a manufacturing company that wants to identify new suppliers for a number of current parts. GC no longer has technical drawings for the parts and none of the engineers currently working for them have enough knowledge of the parts to write a specification. What could GC do to get accurate pricing from suppliers for these parts to compare to the existing parts?

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Suggested Answer: B

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Merissa
8 hours ago
I practiced a similar question where sending samples was the preferred method, so I lean towards option B for GC as well.
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Wilburn
6 days ago
I feel like allowing suppliers to create their own specifications could lead to a wide range of prices, which might complicate comparisons.
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Enola
11 days ago
I think estimating specifications could lead to inaccuracies, but it might be the only way if they don't have samples.
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Antione
16 days ago
I remember discussing how sending samples could help suppliers understand exactly what GC needs, but I'm not sure if it's the best option for pricing.
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