Which type of sourcing arrangement has Ramesh began?

Ramesh is a procurement manager who is looking at his supplier base. He is pursuing a sourcing

strategy with the aim of enabling logistical cost reductions. He has made the decision to scale-down

his supplier base and purchase from one supplier.

Which type of sourcing arrangement has Ramesh began?
A . dual
B . multiple
C . single
D . sole

Answer: C

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