Procurement extends from just defining work- sharing warranties etc to co designing the offering and R&D that it requires. Discuss the evolution of procurement strategy from cost driven to revenue approach in the light of above approach.
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Procurement extends from just defining work- sharing warranties etc to co designing the offering and R&D that it requires.
Discuss the evolution of procurement strategy from cost driven to revenue approach in the light of above approach.
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- Illustrate how the procurement processflow? Discuss the advantages and disadvantages on online retail?a) Explain five (5) ways in which electronic systems can be used in the sourcing process.b) Describe five (5) ways in which added value may be created for a buying organization through an effective sourcing process c) With examples, explain the various forms of unethical behavior practiced in the procurement profession.Today, different organizations employ various management techniques to carry out the efficient functioning of their departments. Procurement management is one such form of management, where goods and services are acquired from a different organization or firm.With this regard,Evaluate the role and significance of supplier selection and assessment on improving business competitive position. Provide relevant examples to support your
- Hi 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.1)explain the challenges in carrying out procurement plan? 2) explain the consequences organizations will experience in failing to carry out effective procurement planning?PUBLIC & 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.
- What criteria should organizations use to choose mobile device vendors for procurement?The selection of a supplier establishes the crucial issues that will determine whether the organization's procurementprocess is successful or unsuccessful. Critically examine how Food Lovers (fresh fruit and vegetables, meat supermarket) will detect which supplier is able to supply its requirements satisfactorily, both strategically and operationally in the short and long term. Kindly use examples to explain answers more in detailProcurement comprises of three main stages namely identification of need, supplier selection and acquisition. Consider a firm is supposed to buy two types of material A and B. Material A is the routine buying where material B is nominated as CAPEX oriented. •Identify the functional and innovative buying •Role of Earlier supplier and supply involvement in each case •For which case, the company can proceed with brand specific purchasing and why? •Evaluate the benefits of hybrid buying structure for each case covering the benefits of both centralized and decentralized buying •Establish which of the purchasing requires RFQ and RFP and why?
- Today, different organizations employ various management techniques to carry out the efficient functioning of their departments. Procurement management is one such form of management, where goods and services are acquired from a different organization or firm.With this regard,Evaluate the role and significance of supplier selection and assessment on improving business competitive position. Provide relevant examples to support your discussion.Prepare an essay not exceeding two pages to explain to a top procurement and logistics manager the subject of insurance; What it is, how it can be used by his/her organization to improve its outcomes and the challenges faced in employing it for risk management.a. What type of efficiencies and/or strategies you could implement in the business stated above (tropical bites restaurant) with regards to transportation, warehousing, third party logistics and reverse logistics? b. What type of strategies you could use to replace physical inventory and how? be creative and provide enough information to detail and justify your choices with the level of information to demonstrate knowledge and familiarity with the concepts and terminology. kindly please use your own words, no copy and pasting from existing articles. Add submission