When a situation arises when an internal customer has a need that comes up suddenly, which is not planned for and for which there is no preexisting supplier identified to provide the product or service required, purchasing should use a/an _____ approach.
A) spot buy
B) long term agreement
C) P2P
D) e-procurement
E) None of the above.

Question

Quizplus · Accepted Answer

A spot buy approach is the best choice in this situation as it allows purchasing to quickly identify and select a supplier to provide the product or service needed without a long-term agreement or preexisting relationship. Spot buying is typically used for one-time purchases or emergencies and enables purchasing to negotiate favorable pricing and terms on the spot.

When a Situation Arises When an Internal Customer Has a Need