Vendor sourcing involves activities in which the buyer

Vendor sourcing involves activities in which the buyer

• A. Negotiates contracts with all suppliers
• B. Evaluates vendors prices for specific orders
• C. Inspects product quality prior to purchase
• D. Determines delivery schedules

Answer: (B)

Vendor sourcing centers on finding and choosing suppliers who can meet a defined need at good value. The activity of evaluating vendors’ prices for a specific order fits this because it involves collecting and comparing price quotes from different suppliers to determine which offers the best cost and overall value for that particular purchase. This step helps the buyer select a supplier and proceed with the ordering process. Other options describe downstream or separate functions—contract negotiation with all suppliers is impractical and typically happens after shortlisting; inspecting quality is a quality-control activity; and scheduling delivery is a logistics/operations task.

Vendor sourcing centers on finding and choosing suppliers who can meet a defined need at good value. The activity of evaluating vendors’ prices for a specific order fits this because it involves collecting and comparing price quotes from different suppliers to determine which offers the best cost and overall value for that particular purchase. This step helps the buyer select a supplier and proceed with the ordering process. Other options describe downstream or separate functions—contract negotiation with all suppliers is impractical and typically happens after shortlisting; inspecting quality is a quality-control activity; and scheduling delivery is a logistics/operations task.