British Steel needs to source a set of instruments that will improve quality of steel.

Vendor: CIPS
Product: L4M2
Update on: Jan 29, 2026
Questions: 303

CIPS L4M2 Question Answer

British Steel needs to source a set of instruments that will improve quality of steel. Without these instruments British Steel will loss control of the temperature. The bucket may freeze up, or if it is too hot it leaks out of the casting process, damaging the machine. There is limited supply on the market and quality varies greatly. Which of the following will be the most appropriate managing approach to procure these items?

Bundle these instruments into larger contract

Leverage market competition to drive down cost

Seek continuity of supply

Form partnership with supplier