Question: What should be the first option when sourcing a component with high complexity in its risk impact and low value potential? Group of answer choices
What should be the first option when sourcing a component with high complexity in its risk impact and low value potential?
Group of answer choices
Sign a long term contract for the price quoted by a potential supplier
Automate the procurement process
Substitute the component for another component that is more easily sourced
Increase safety stock
Increase forecast accuracy
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