Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

CIPS L4M4 Exam - Topic 1 Question 53 Discussion

Other than price, what should a buyer consider when evaluating supplier quotations?Lead timesAdd-on costsWastage ratesPast performance
A) 1, 2, and 4 only
B) 1, 2, and 3 only
C) 2, 3, and 4 only
D) 1, 3, and 4 only

CIPS L4M4 Exam - Topic 1 Question 53 Discussion

Actual exam question for CIPS's L4M4 exam
Question #: 53
Topic #: 1
[All L4M4 Questions]

Other than price, what should a buyer consider when evaluating supplier quotations?

Lead times

Add-on costs

Wastage rates

Past performance

Show Suggested Answer Hide Answer
Suggested Answer: A

In addition to price, factors like lead times, add-on costs, and past performance are important to ensure the supplier meets the buyer's requirements sustainably and reliably. These criteria align with ethical sourcing by promoting value and accountability beyond just cost considerations.


by Myra at Aug 19, 2026, 06:38 AM

Limited Time Offer

25%

Off

Get Premium L4M4 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Rosendo
4 days ago
I feel like we covered something about evaluating supplier reliability, which might relate to past performance.
upvoted 0 times
...
Hermila
9 days ago
I think add-on costs are definitely important, but I can't recall if they were included in the practice questions we did.
upvoted 0 times
...
Viola
15 days ago
I remember discussing how lead times and past performance are crucial, but I'm not sure about wastage rates being a factor.
upvoted 0 times
...

Save Cancel