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CIPS L4M6 Exam - Topic 2 Question 39 Discussion

Posted by Bernardine on May 10, 2024 at 12:03 AM

Which circumstances make a buyer more attractive to the supplier?

Suggested Answer: B, C

The correct answers are information sharing and trust. Further qualitative KPIs are listed on p.102. Deliveries in full and on time would be a quantitative KPI and early supplier involvement is not a KPI at all.


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34 comments · newest first
DA
Daniel 11 months ago
Really? I doubt that buyers with strict codes are more appealing.
FA
Fausto 11 months ago
Procedural systems can slow things down, not sure that's attractive.
BE
Belen 12 months ago
A stringent code of conduct? Sounds a bit too strict for some buyers.
MA
Malissa 12 months ago
I think longer credit terms can be a game changer too.
TR
Trinidad 1 year ago
High brand profile definitely helps!
TA
Talia 1 year ago
I wonder if being procedural is really a plus for suppliers. It seems like it could slow things down, but maybe it also indicates stability?
DI
Dick 1 year ago
I feel like a stringent code of conduct might show reliability, but I can't recall if it was emphasized in our studies as a key factor.
CH
Christa 1 year ago
I remember a practice question about credit terms, and it seemed like longer terms could be beneficial for suppliers too.
VI
Virgie 1 year ago
I think a high brand profile makes a buyer more attractive, but I'm not entirely sure if that's the only factor.
FR
France 1 year ago
I'm feeling confident about this one. The options cover some common factors that suppliers value, like brand profile, credit terms, and procedural systems.
PE
Pearline 1 year ago
Okay, I think I've got this. The key is to identify the circumstances that would make a buyer more desirable from the supplier's perspective.
CO
Corrie 1 year ago
Hmm, I'm a bit unsure about this one. I'll need to review the key factors that suppliers look for in buyers to make the best choice.
LI
Ligia 1 year ago
This seems like a straightforward question about what makes a buyer more attractive to a supplier. I'll need to think through the options carefully.
CH
Cherilyn 1 year ago
I'm pretty sure it's Peer Motion, that's the data migration feature for StoreVirtual VSA that I remember from the training.
AN
Antonio 1 year ago
I think the filters and transformers can be used in the Playbook Tasks and Classification and Mapping sections, but I'm not totally sure about the other options.
MA
Marcos 1 year ago
I think the order starts from the most subjective feedback, like how attendees liked the program, and then moves to tangible outcomes. So maybe IV should be first?
TH
Thad 1 year ago
Let's be honest, the supplier just wants someone who's going to pay their bills on time. All that other stuff is just window dressing. Maybe they should add an option E: 'When the buyer has a fat wallet and a short attention span.'
MY
Myra 1 year ago
↳ replying to Thad
Having a fat wallet definitely helps in getting the supplier's attention.
MI
Mireya 1 year ago
↳ replying to Thad
True, suppliers just want to make sure they get their money.
DE
Dexter 1 year ago
↳ replying to Thad
Buyers who pay on time are definitely more attractive to suppliers.
JA
Jaime 2 years ago
Option D seems a bit excessive. I mean, how 'procedural' are we talking here? Does the buyer require the supplier to submit their purchase orders in triplicate, or do they want the supplier to come to work in a suit and tie?
EA
Earleen 2 years ago
Option C, of course! A stringent code of conduct shows the buyer is ethical and reliable. That's the kind of relationship any supplier would want.
FR
Freeman 1 year ago
↳ replying to Earleen
I agree, suppliers value buyers who demonstrate ethical behavior and reliability.
PA
Paris 1 year ago
↳ replying to Earleen
Absolutely, having a buyer with a strong code of conduct can lead to a more trustworthy partnership.
LA
Lauran 1 year ago
↳ replying to Earleen
Option C, of course! A stringent code of conduct shows the buyer is ethical and reliable. That's the kind of relationship any supplier would want.
KA
Karma 2 years ago
Hmm, I'd say option A is the way to go. A high brand profile means the supplier can brag about their big-name buyer. Maybe they'll even get a discount at the company store.
MA
Magdalene 1 year ago
↳ replying to Karma
User 4: True, suppliers might be more willing to work with buyers who have a history of paying on time.
BR
Brigette 1 year ago
↳ replying to Karma
User 3: I think negotiating longer credit terms could also make a buyer more attractive. It shows financial stability.
LA
Lashon 1 year ago
↳ replying to Karma
User 2: Yeah, it shows that the buyer has a strong reputation and can potentially bring in more business for the supplier.
TR
Troy 2 years ago
↳ replying to Karma
User 1: I agree, having a high brand profile can definitely make a buyer more attractive to the supplier.
AM
Amber 2 years ago
Definitely option B! Longer credit terms mean more cash flow for the supplier. Who doesn't love that?
TY
Tyra 2 years ago
But what about negotiating longer credit terms? Wouldn't that also make a buyer more attractive?
KA
Kaycee 2 years ago
I agree with Shaunna, suppliers prefer buyers with a strong brand presence.
SH
Shaunna 2 years ago
I think a high brand profile makes a buyer more attractive.
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