In the Evaluate Supply Sources step, the firm:
A) performs a spend analysis.
B) decides which suppliers are located closest to the firm's plant to insure timely delivery.
C) identifies all possible suppliers that might be able to satisfy the user's needs.
D) defines the parameters of the sourcing strategy process.

Question

Quizplus · Accepted Answer

In the Evaluate Supply Sources step, the firm identifies all possible suppliers that might be able to satisfy the user's needs. This involves researching and analyzing potential suppliers, assessing their capacity and ability to deliver the required goods or services, and evaluating their overall suitability as a supplier.

In the Evaluate Supply Sources Step, the Firm