1. When selecting a volume concentration sourcing strategy the buying team is likely focused on (select all that apply):

Negotiating better prices

Combing spend into one sourcing event (aggregating spend)

Driving competitive pressure in the supplier market.

2. Which of the follow statements is correct? Demand management

- Challenges suppliers against our demand/spend

- Can be relevant in almost all areas of spend

- Is more focused on spending wisely if at all

Is a price-focused strategy

3. Which decision matrix criterium would not likely be used when using a volume concentration sourcing strategy

- Purchase price

- Volume discounting

- Supplier innovations

- Meeting minimum quality and service standards