Functions in procurement and logistics management face enormous challenges. Examine the statement using relevant instances.
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Functions in procurement and logistics management face enormous challenges. Examine the statement using relevant instances.
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- 'Whereas procurement & logistics management is increasingly being used as a source of competitive advantages among organizations today, the functions face enormous challenges'. Examine the statement with relevant examplesOperation management Using relevant examples identify the very unique situations that would push an organization to adopt direct procurement and restricted tenderingIllustrate how the procurement processflow? Discuss the advantages and disadvantages on online retail?
- "Whereas procurement & logistics management is increasingly being used as a source of competitive advantages among organizations today, the functions face enormous challenges'. Examine the statement with relevant examples i need more detailsPUBLIC & PRIVATE PROCUREMENT ASSIGNMENT Question a) Visit an organization of your choice (i.e. public/ private or both) and identify the various stakeholders and their roles in relation to the procurement function. b) Where appropriate, design an institutional procurement process framework.Critically expain how measurement of performance within the procurement and supply department an contribute to achievement of the following in an organization a) icreasing profit b) delivering a higher quality product and services
- Explain in what ways can information be helpful in logis and supply chain management ?What are the organizational implications of introducing e-procurement?Below are the weaknesses/ disadvantages of Direct procurement. 1. Risk of stock-outs 2. Relatively high costs 3. Quality standards 4. Handling Relationships How do we overcome those weaknesses?
- Material cost play a crucial role in determining the overall cost structure of an organization. EFFECTIVE MANAGEMENT of Material cost involved a combination of strategic sourcing rusk management supplier relationships and continuous monitoring of markets trends you are a purchasing manager of e thekwenini municipality Question1 Examine the several necessary processes in the purchasing process that will assist in cost reduction at the municipality and give practical examplesHi there can you please assist me wi the following question below 1.1 There are three important bid committees that are necessary to ensuretransparency of the procurement process. In your own words, differentiatebetween the Bid Specification Committee and the Bid Adjudication Committee 1.2 Using the example of a catering company, i.e., making and selling food, explain thefirst three components of supply chain management in relation to the above example.You are required to:• Identify the first three components of supply chain management.• Explain each of the components.• Explain each component in relation to the example provided.Explain the role of the following functional areas in supporting the organization’s current operations strategy Required:a. Procurementb. Financec. Marketingd. Human Resource Management