Certified in Transformation for Supply Chain (CTSC) Practice Test 3

Mr. Thompson, the procurement manager of a manufacturing company, is tasked with sourcing raw materials for a new product line. The company's objective is to ensure a sustainable and cost-effective supply chain while maintaining product quality. After thorough research, Mr. Thompson identifies three potential suppliers, each offering different pricing and sustainability practices.

Question: Which of the following actions should Mr. Thompson prioritize to meet the company's objectives?