Question one What challenges have been faced by various bodies when implementing e- procurement in acquisitioning goods and services. Question two Suggest possible measures/ solutions that can be undertaken to offset the challenges.
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A: The detailed solution is given in Step 2.
Question one
What challenges have been faced by various bodies when implementing e-
procurement in acquisitioning goods and services.
Question two
Suggest possible measures/ solutions that can be undertaken to offset the
challenges.
Step by step
Solved in 2 steps
- Avion, Inc. Susan Dey and Bill Mifflin, procurement managers at Avion, Inc., sat across from each other and reviewed a troubling performance report concerning a key supplier, Foster Technologies. The report detailed the deteriorating performance of Foster Technologies in the areas of material quality and on-time delivery. At this point, Kevin ODonnell, another procurement manager, entered the room. What parts of the supply chain are most closely involved with the situation in this case? What is the responsibility of each part in order to maintain a smooth flow of material?Avion, Inc. Susan Dey and Bill Mifflin, procurement managers at Avion, Inc., sat across from each other and reviewed a troubling performance report concerning a key supplier, Foster Technologies. The report detailed the deteriorating performance of Foster Technologies in the areas of material quality and on-time delivery. At this point, Kevin ODonnell, another procurement manager, entered the room. Explain the role of performance measurement in managing supply chain activities.Question 1: Supposedly, being a manager at a pharmaceutical firm;a. What type of supply chain strategy will you prefer to implement? b. Describe the reasons that why you selected that specific supplychain strategy
- Question-3 : Read the below line and answer. Procurement extends from just defining work-sharing (make-buy) and risk-sharing (warranties, etc.) to co-designing the offering and the R&D that it requires. Discuss the evolution of procurement strategy from cost-driven to revenue approach in the light of above informationQUESTION 9 ________ provide the resources needed by a company to produce its goods and services. A. Retailers B. Marketing services agencies C. Resellers D. Suppliers E. Financial intermediariesQUESTION TWO As large organisation contract out (Outsources) non- core activities, the management of service supply chains become prominent. Additionally, in current dispensation organizations spend much more time on service providers than suppliers of goods. Requirements Identify and Explain the characteristics of “Services” that differentiate it from “goods” . Identify and Explain Two (2)Implications of Service Characteristics on supply chain management and identify strategies for managing its service supply Chains Define and differentiate between the following terms: Effectiveness and Efficiency Dependent and Independent Demand iii. Obsolete and Obsolescence Stock
- Question Two (2) a) When carrying out procurement activities, a number of things can influence the way you conduct your procurements. Enterprise Environmental factors are some of those things that can influence your procurement activities in varying degrees. Explain four of these factors that can affect your procurement process. b)Define “control procurements” and identify the process groups where this is part of.QUESTION 7 In sourcing, variable costs include: a All costs associated with an item except for the price paid for the product. b All costs associated with shipping an item c All costs associated with an item. d All costs associated with storing an itemStrategic Supply Chain Management Question 2. Supply management is not an isolated department. Explain how it is related to other departments.
- Strategic Supply Chain management Question 1. By use of ‘PESTLE’ analysis, explain how environmental factors affect business.question_answerBusiness·Operations ManagementQ... If you were faced with the proposition that a procurement strategy is irrelevant because market forces will always dictate where the balance of power is at any time, how would you explain that while market ... forces are at work a procurement strategy is essential?Question 1: “Procurement Law is a system of rules, principles, procedures, and regulations that are enforced through social institutions to regulate procurement and supply. Various laws form the legal framework of procurement and supply chain operations” Make a clear justification of the narrative discussing the various laws that inform procurement activities.