Certified in Transformation for Supply Chain (CTSC) Practice Test 7

Mr. Thompson, a supply chain manager at a manufacturing company, is evaluating two potential suppliers for a critical component. Supplier A offers a slightly lower price per unit but has a history of delayed deliveries. Supplier B, while slightly more expensive, has consistently delivered on time with superior quality. According to the principles of supply chain management, what should Mr. Thompson prioritize in his decision-making process?