anagement to use a multi-sourcing strategy? b) What sourc

Q: Why is it so important to have senior management/executive support when implementing an indirect…

A: Like other executives, the senior manager is responsible for organizing and overseeing the work of a…

Q: how did you select the supplier/vendor in order to work within the budget limit?

A: Choosing the appropriate provider entails a lot more than looking through a bunch of pricing lists.…

Q: Why is it so important to have senior executive support when implementing an indirect spend…

A: Associations hoping to incorporate are frequently hoping to pick up force by controlling spend…

Q: What procurement mistake would be the most detrimental for your organization and why?  Which one…

A: Regardless of whether you are running the procurement division in an organization, working a…

Q: How does use of the Internet for procurement reduce mistakes?Indicate how using the Internet made…

A: For procurement, the IOT will present an increase in spend visibility and a better understanding of…

Q: ? Please give me 4 poin

A: There are several types of direct procurement: acquiring raw materials and resources directly from…

Q: .1 There are three important bid committees that are necessary to ensure transparency of the…

A: The Bids Specification Committee needs to consider the following points: It needs to make…

Q: Food for thought Take a look at our medical services project. What steps would you take when…

A: Procurement -  The technique which is related with the streamline with the procurement which is…

Q: Relatively few individuals have the qualifications, experience, and training to immediately assume…

A: Leadership parameters:1. More attention by the organizations is towards training and support to…

Q: discuss when it's comes to executing an indirect spend procurement plan and why is it so important…

A: Organizations seeking to centralize typically seek to strengthen their power by standardizing…

Q: 1.17. is not a method of benchmarking (a) Competing tenders, quotations or offers (b) Existing and…

A: The method of comparing the company metrics to comprehend the execution of techniques &…

Q: Describe when it's come to executing an indirect spend procurement plan and explain why is it so…

A: Indirect spending in procurement manages to obtain items and management that help a business'…

Q: How does a traditiona l adversarial relationship with suppliers change when a firm makes a decision…

A: In any business, the primary factor that any owner or person will look for is profit because the…

Q: Illustrate how the procurement processflow? Discuss the advantages and disadvantages on online…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: How easy is it to switch suppliers? What could complicate a firm’s ability to switch to a new…

A: Supplier is the one who provides goods and services to the other business, organization, customer,…

Q: Explain when it's comes to executing an indirect spend procurement plan and why is it so important…

A: Organizations seeking to centralize frequently seek to expand their power by consolidating pay…

Q: Why is it important to select good supplier/s for the business?

A: Since organizations in a supply chain belong to the chain as family members, the relationships…

Q: What are the best practises for integrating suppliers?"

A: For many companies today, creating a closely integrated supply chain is a strategic priority. In…

Q: Why is it so important to have senior management/executive support when implementing an indirect…

A: Indirect spend procurement or non-production procurement is the spendings made for materials and…

Q: Discuss when it's comes to executing an indirect spend procurement plan and explain why is it so…

A: Centralizing organizations frequently seek to strengthen their position by standardizing…

Q: List the disadvantages (min 5 points) of traditional procurement approach and see what are the…

A: Note: As per the Bartleby guidelines, only the first question has been answered. Traditional…

Q: Discuss three controls for government procurement?

A: Government procurement is the method through which the government takes the products and services.…

Q: explain procurement strategic matrix , by providing an example of any new business being launched?

A: The procurement strategic matrix, also known by the name Kraljic matrix, is a matrix that tries to…

Q: 1. What steps in the purchasing process are done electronically versus on paper? 2. What types of…

A: Answer 1 An assortment of cycles which incorporates numerous means of associations with different…

Q: to create strategic sourcing metric to reduce cost and enhance efficiency

A: The Kraljic framework is a technique for characterizing and dissecting the buying portfolio to…

Q: How simple is it to change suppliers? What could make switching to a new supplier more difficult for…

A: A supplier is a company or association that sells products and services to another company,…

Q: How do you think a procurement policy should be related to an organization's long-term strategy and…

A: Both supply chains include sourcing or procurement.

Q: What makes procurement a technical function? What impact does Government legislation have on…

A: 1.Procurement accounts for spending an association's income on getting labor and products. Aside…

Q: With the use of relevant examples, discuss below criteria that an  organisation uses when selecting…

A: INTRODUCTION: Proper supplier management is critical to the success of any business. A supplier is a…

Q: How can you believe a procurement policy should be closely related to an organization's long-term…

A: Sourcing, also known as sourcing, is an essential feature of all supply chains.

Q: Topic: purchasing strategy. Details: Answer the following questions. Q1: How do you think that a…

A: Procurement and Supply Chain Management includes activities such as obtaining raw materials to…

Q: Why should the time required to assess and pick suppliers be reduced?

A: Suppliers are a vital part of every structure of the supply chain. Supplies such as commodities and…

Q: How would you explain that whiles market forces are at work a procurement strategy is essential?

A: The term procurement technique alludes to a long haul intend to cost-viably gain the important…

Q: Match the following common risks with the appropriate mitigation strategy:Country risks…

A: Current problems that can turn into a major consequence in the future are known as risk. Risks can…

Q: Suppose you work at a clothing manufacturing company. When developing a sourcing strategy, it is…

A: Sourcing strategy is a long-term plan to procure the materials required for any manufacturing…

Q: Carryout a root cause analyses of the issues mentioned above by answering the following questions…

A: Joint ventures are very common avenues undertaken by firms as a route for growth. Joint ventures are…

Q: Explain how can they believe a procurement policy should be closely related to an organisation long…

A: Procurement strategy refers to a long-term plan to obtain necessary supplies at a low cost from a…

Q: When it comes to enforcing an indirect spend procurement programme, why is it so important to have…

A: The expenditures for supplies and facilities, as well as maintenance, are referred to as indirect…

Q: As a buying manager for a household appliance manufacturer, you are to   supply the door seal for…

A: The powerlessness to use viable answers for sourcing suppliers brings about normal supplier…

Q: Provide an in-depth elaboration on corrective measure you can apply to reduce the following problems…

A: Supplier base optimization means reducing the number of suppliers from the supplier base to working…

Q: If purchasing takes a competi-tive ­bidding approach, how many suppliers will it request to bid?

A: Supplier selection is a necessary process in purchasing. Identify the business requirements and…

Q: Discuss when it's come to executing an indirect spend procurement plan and explain why is it so…

A: Centralizing organizations typically seek to strengthen their position by standardizing compensation…

Q: What is the term used for the act of moving some of a company’s internal activities and…

A: An approach is a better way of looking at teaching and learning concepts. An approach gives rise to…

Q: a) Explain how and why the “Identification of need and Specification of need” happen to be the two…

A: a) The first step in the procurement cycle is identifying the needs and why is it needed. This is…