Who you source your raw materials or finished products from is not solely based on the

cheapest. Several other factors impact the selection of suppliers. Likewise, how your

transportation network is structured can impact on your supply chain value proposition.

a$)$ Explain the role of sourcing in a supply chain.

$(4$ marks$)$

b$)$ Price charged by the supplier is only one of many factors that affect the supply chain surplus.

State and explain any four $(4)$ factors that must be considered, other than quoted price, when

scoring and assessing suppliers.

$(8$ marks$)$

c$)$ Describe the impact of risk sharing on supplier performance and information distortion.