Certified Professional in Supplier Diversity (CPSD) Practice Test 15

Single sourcing with a minority-owned supplier that offers a lower price but limited capacity.

Multiple sourcing from various suppliers, including diverse suppliers, which may lead to higher overall costs due to lack of volume discounts.

Strategic partnerships with a few selected suppliers, including a diverse supplier, which could provide both cost savings through collaboration and increased capacity.

ch sourcing strategy would most effectively achieve the dual goals of cost efficiency and supplier diversity?