Question: Temu and Shein actively mitigate procurement risks by diversifying their supplier base and using data - driven evaluations. Which one of the following strategies should
Temu and Shein actively mitigate procurement risks by diversifying their supplier base and using datadriven evaluations. Which one of the following strategies should a South African retailer looking to reduce supply chain risks prioritise?
a
Rely exclusively on a single longterm supplier to ensure consistency.
b
Minimise supplier engagement efforts and only issue POs when urgent orders arise.
c
Reduce procurement costs by purchasing from the lowestcost supplier regardless of reliability.
d
Use multiple qualified suppliers for key materials to prevent supply disruptions.
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