levels of sourcing

From what companies or individuals will you purchase the products you plan to sell or the parts you will use to manufacture those products?   Do you intend to manufacture your product? If so, describe the manufacturing processes you will use. If not, explain how your product is manufactured. How do you plan to distribute or get your product to your target market? What is the estimated delivery time between when you place an order with your supplier and when you will have the product available for your customers? What method(s) will you use to define and ensure the quality of your products/services?   starting a business as an employment agency

The purchasing process in a business can be much more complex than most consumer purchasing processes. Outline the differences between a typical consumer purchase and a business purchase and explain why the business purchase decision is more complex in most cases.

Suppose a customer prefers to work with the criterion “How many items can be purchased for $1?” Explain why that might be a meaningful comparison for the customer to use, and explain how the comparison would then be able to compare two different items having different selling prices.

The earnings of the organization can be considerably impacted by buyers and supply chain management. Anorganization may spend up to 50% of its sales revenue on the acquisition of goods and services, including rawmaterials.You are employed as a purchasing director at Food Lovers in Durban, South Africa. The selection of a supplier establishes the crucial issues that will determine whether the organization's procurement process is successful or unsuccessful.Critically examine how Food Lovers will detect which supplier is able to supply its requirements satisfactorily, bothstrategically and operationally in the short and long term

Please cite a particular time when you had a fixed amount of money and had to choose between 2 different items. How did you determine which item to purchase with your fixed amount of money?

Put the following steps of the purchasing process in the correct order. Label # 1 being the first step a purchaser would take in purchasing for a food and beverage operation , and so on with #8 being the last step in the process . Note, not all steps in the purchasing process are included in this question .) Develop Standard Specification Forms. Requisition. Receive and store products. Cost analysis to ensure purchasing process is efficient and effective. Establish purveyor contracts and relationships. Develop purchase orders with purveyors. Check inventory to determine purchase quantities on hand. Determine customer needs and expectations.

What is the difference between a purchase order and a blanket purchase order?

Some companies import and export flowers worldwide. It is one of the very competitive businesses in the world. “Fresh Phool” is an international flower company working in Pakistan. It has received a significant order inquiry for fresh Roses from Bangladesh. What incoterm will the Fresh Phool company be settling with the buyer? Give reasons for your incoterm selection. (Note: Select only one incoterm that you recommend is the most appropriate. Highlight the interest and concerns of various stakeholders while discussing that incoterm)

Are you familiar with the primary objectives of any supply management function? Explain briefly?

Explain why it is more important for a purchasing transaction, price , timing or quality ?

Which phase in the 8 Phases Involved in Organizational Purchasing Decision Making is the most difficult to comply? Why?

Sometimes a company may need to purchase goods or services that are unique, very complex, and/or extremely expensive. These would not be routine purchases, but there may be a number of vendors that could supply what is needed. What process would be used to transmit the company’s needs to the available vendors, asking for a detailed response to the needs?