Supply Chain Management Professional (SCMP) · Question
Which sourcing strategy involves obtaining goods or services from multiple suppliers to mitigate risk?
Multi-sourcing involves using several suppliers for the same category of goods or services to enhance competition and reduce dependence on a single vendor.
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Question: Which sourcing strategy involves obtaining goods or services from multiple suppliers to mitigate risk?
Answer options:
- Sole sourcing
- Single sourcing
- Dual sourcing ✅ Multi-sourcing
Correct answer: Multi-sourcing
Explanation: Multi-sourcing involves using several suppliers for the same category of goods or services to enhance competition and reduce dependence on a single vendor.
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