There are various challenges that may affect a project whose procurement activities are well planned. Discuss this statement with specific examples Discuss the specific roles and responsibilities of project managers in the supply chain management in projects. Use examples from a project of your choice
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: Procurement extends from just defining work- sharing warranties etc to co designing the offering and…
A: Procurement strategy refer to the process of procuring the raw material and intermediate goods from…
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A:
Q: Describe the different types of e-commerce business models available for procurement and point out…
A: The four basic types of e-commerce business model are mentioned below.
Q: tion of Purchasing and Supply Management
A: Note: "Since you have asked multiple questions, we will solve the first question for you. If you…
Q: Discuss the basic supply chain points -seller -producer -customer 2.Briefly discuss the different…
A: 1a)The elements in the production network incorporate makers, merchants, stockrooms, transportation…
Q: Take a look at our medical services project. What steps would you take when controlling…
A: In every sector in a business where the production of a particular product takes place, there are…
Q: Explain the benefits and potential challenges of using electronic procurement cards?
A: Procurement is defined as how an association purchases materials, parts, or other goods from another…
Q: Outsourcing is a good way for an organization to concentrate on core activities, whilst freeing up…
A: When a business firm or a company asks and hires an external company to perform some of their…
Q: What makes Walmart the largest retailer in the world. Factors that enable to mainatain inventory…
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Q: How do you think that a procurement strategy can be directly linked to the organization’s strategy…
A: A procurement strategy deals with how a business deals with its procurement processes. The…
Q: Procurement is defined as the process of establishing terms and conditions for acquiring goods and…
A: The cost included from procurement to delivering the goods are called as logistics cost. This…
Q: List the disadvantages (min 5 points) of traditional procurement approach and see what are the…
A: Honor code: Since you have asked multiple questions, we will solve the first question for you. If…
Q: Procurement is defined as the process of establishing terms and conditions for acquiring goods and…
A: Electronic commerce, commonly referred to as e-commerce, is the buying and selling of goods and…
Q: Describe the benefits and drawbacks of using e-commerce in the procurement process?
A: The application of technical capabilities to the procurement process and operations are referred to…
Q: Ahmed has recently joined the procurement team at Safari company, he is new to the concept of…
A: It is important for an organization to develop policies since any organization which do not have a…
Q: Procurement route Differentiate between two major procurement routes in term of (identification,…
A: Procurement can be defined as the action of finding and obtaining goods or services from any…
Q: Broll is a world class manufacturer and supplier of steel, tube, pipes and associated value adding…
A: The manager is the person who is accountable for all the things that are happening in the…
Q: Identify the ten supply chain risks. Next, select two that you think are of greater risk than some…
A: A supply chain is a large process chain that starts by sourcing raw materials from suppliers and…
Q: Discuss the advantages of e-procurement to both buyers and sellers. What are the disadvantages?
A: E-procurement means the selling and purchasing of supplies and goods is done over the internet and…
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: Take a look at our medical services project. What steps would you take when conducting procurements
A: Definitions Perceiving that there are different understandings for the terms recorded beneath, they…
Q: pend a little bit of time perusing Alibaba.com and looking at some samples of the things that are…
A: Transportation is one of the most important pillar of any commercial activity. A brick and mortor…
Q: Procurement - The problems areas for global supply do not apply to domestic supply. True False
A: The global supply chain is the method of controlling and managing a system of entities to create and…
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: Provide three examples of international companies that use postponement to their advantage. What…
A: It is quite important to sense the customer's demand and responding to it in a manner which is…
Q: How does this risk assessment compare to other potential suppliers (if there areothers)?
A: Suppliers constitute an integral part of any supply chain system to produce supplies like raw…
Q: discuss the importance of procurement management, considering the activities of procurement and the…
A: Procurement Management: The procuring of materials, supplies, machine tools and services required…
Q: Discuss the advantages and disadvantages of e-procurement to both buyers and sellers.?
A: Advantages of e-procurement are:1. Reduce Costs- It saves money by restricting duplicate spending…
Q: How does a corruption scheme in procurement work? What are the goals of any procurement-related…
A: Procurement is the demonstration of getting labor and products, commonly for business purposes.…
Q: In running its business, the Company has many suppliers and is spread in various countries, explain…
A: SCM administers each touchpoint of an organization's item or administration, from introductory…
Q: The shutdowns and barriers to international shipping have stressed suppliers, supply lines, and…
A: The shutdowns and barriers to international shipping have stressed suppliers, supply lines, and…
Q: How do you think that a procurement strategy can be directly linked to the organization’s strategy…
A: Procurement Strategy means long term plan for obtaining required supplies from vendor by considering…
Q: Answer both question please 1-Differentiate between ‘Quality control and Quality assurance.' 2-(a)…
A: Here, question has asked to differentiate between quality control and quality assurance, definition…
Q: Q1: Unfinished or semi finished goods are known as Select one: a. parts and components b. Goods in…
A: Unfinished or semi finished goods are known as Work in Progress goods. Work in Progress goods are…
Q: What steps in the purchasing process are done electronically versus on paper? What types of…
A: Purchasing is a process of buying goods and services to meet the design needs and wants on regular…
Q: What types of controls can be used as a result of e-procurement in the sourcing process? What do…
A: The process that is used for selecting the product and services from the particular category of the…
Q: A) What challenges have been faced by various bodies when implementing e-procurement in…
A: A. Challenges while implementing e-procurement Procurement directors wear several hats and are…
Q: Supply chain management can be described as the management of the same resources as those managed in…
A: Supply chain management creates a system that deals with the flow of goods, services, Here, we…
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A: Shopee is the E-commerce platform which is a global consumer internet company providing customers…
Q: 1. What roles do the following members play in the decision-making process in Dravid Motors? • Ravi…
A: Roles which plays in the decision-making process in Dravid Motors-
Q: Draw a model of a supply chain system for a KTA store (Answers will vary but try to identify who you…
A: KTA store is a retail supermarket having its headquarters in Hilo Hawaii United States and also…
Q: Take a look at our medical services project. What activities would you complete in order to close…
A: Рrосurement is the рrосess оf finding аnd аgreeing tо terms, аnd асquiring gооds,…
Q: aren Weber, the purchasing agent for Smith Manufacturing, views the purchase of widgets as a routine…
A: Karen Weber might decide to change her decision of purchasing widgets if Negative business impact –…
- There are various challenges that may affect a project whose procurement activities are well planned. Discuss this statement with specific examples
- Discuss the specific roles and responsibilities of project managers in the
supply chain management in projects. Use examples from a project of your choice
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Solved in 3 steps
- how did you select the supplier/vendor in order to work within the budget limit?Why would this cause a procurement professional to integrate with trucking or train companies more intensely? With the Mississippi River at its 8th-lowest water level on record, grounding risk has increased for barge operators,and multiple groundings have been reported on the Lower MississippiOn Tuesday, the U.S. Coast Guard relayed reports of new barge groundings near Stack Island, Mississippi andMemphis, Tennessee, and waterway closures are in effect around both sites. Coast Guard Sector Lower MississippiRiver has reported eight groundings in the past week due to low water levels. "Due to low water levels on the Lower Mississippi River, we have seen an increase in commercial vesselgroundings," said Capt. Eric Carrero, Director of Western Rivers and Waterways at Coast Guard District Eight. "Inresponse, the Coast Guard established a Marine Transportation System Recovery Unit with our federal, state, local,and maritime industry partners to facilitate safe navigation and the continued…List the disadvantages (min 5 points) of traditional procurement approach and see what are the methods or strategies to improve the system by having other forms of procurement systems. Explain the pros and cons of the selected tender method in a table form and how this method may be enhanced.
- Describe the process of IT procurement in an organization, including the key steps involved in selecting and acquiring hardware and software resources.I need typing answer ... Discuss the benefits of implementing a vendor rating system for procurement management.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?
- A key part of the procurement process is the selection of suppliers. What criteria are commonly used in this selection process? Which criteria should be given the highest priority? Why?Describe the process of IT procurement, including the key steps involved and the importance of vendor selection in acquiring hardware and software.For the Stock Management process, describe the IT software that might be used by the Procurement Department (Purchasing) in order to determine which goods and what quantity of them are required by the shop. Explain the Business process and how the selected software can support it. What would be the advantages/disadvantages?
- How to Develop a procurement strategy, to prepare a matrix showing, the nature of purchases, types and requisitions required for any new setup?In each of the following, name the term defined. Answersare listed at the bottom. A supply chain that must deal with high levels of both supply and demand uncertainty. In order to cope with high levels of supply uncertainty, a firm would use this strategy to reduce risk. Used to describe functions related to the flow of material in a supply chain. When a firm works with suppliers to look for opportunities to save money and benefit the environment. Refers to an estimate of the cost of an item that includes all costs related to the procurement and use of an item, including the costs of disposing of after its useful life.Interview a purchasing manager at a hospitality operation. Determine how this company is using EFR to streamline the procurement process. Write up a report that discusses the company’s implementation of the five EFR strategies.