Procurement route Differentiate between two major procurement routes in term of (identification, advantages and disadvantages etc.). , select the appropriate Procurement rout with clear justification for constrocion of a big mall
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. Procurement route
Differentiate between two major procurement routes in term of (identification, advantages and disadvantages etc.).
, select the appropriate Procurement rout with clear justification for constrocion of a big mall
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- 2. Procurement route Differentiate between two major procurement routes in term of (identification, advantages and disadvantages etc.)., select the appropriate Procurement rout with clear justification for constrocion of a big mallProcurement 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.Can you help me? 1. List the disadvantages (min 5 points) of traditional procurement approach and see what are the methods/ strategies to improve the system by having other forms of procurement systems. 2. Explain the pros and cons of the selected tender method in a table form and how this method may be enhanced.
- Using Westmed pharmaceutical company discuss the importance of procurement management, considering the activities of procurement and the relationship of the procurement function with other department in that specific company.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.Procurement 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?
- What are the strengths of Direct Procurement? Please give me 4 points and some elaborationConsider the four stages of the development of the procurement function identified by Reck and Long. State, with reasons, the stage reached by procurement in your organisation.Discuss in brief the various types procurement practices in the retail industry. Explain how the global sourcing is advantages over the local practices to retailing companies.
- 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.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.Use a pharmaceutical company as an example and discuss the importance of Procurement Management, considering the activities of procurement and the relationship of the procurement function with other department in that specific company.