A sourcing strategy in which two suppliers are used for the same purchased product or service is:
A)cross sourcing.
B)dual sourcing.
C)contingency sourcing.
D)multisourcing.

Question

Quizplus · Accepted Answer

Dual sourcing is the sourcing strategy in which two suppliers are used for the same purchased product or service. This strategy helps in reducing the risk of supply chain disruptions, improving quality, and driving competition which results in cost savings. Cross sourcing, contingency sourcing, and multisourcing are not applicable or relevant in this scenario.

A Sourcing Strategy in Which Two Suppliers Are Used for the Same