Hugo Corporation

Define selection criteria R/A C/I N/A N/A Obtain a list of approved vendors R/A C/I N/A N/A Call the contractor R/A I N/A N/A Rate and choose the contractor R/A

Answer the questions below. When you are finished, submit this assignment to your teacher by the due date for full credit.

8. Eliminate vendors not worthy of further consideration, communicate and agree with the project sponsor and communicate this to the respective vendors. If vendors are eliminated from the process, due to uncertainty in their offering, be sure to clarify these with the vendor first before proceeding and document the outcomes.

Enterprises seeking a consulting firm or product vendor for management, strategy, outsourcing, software implementation, change management, or a host of other reasons issue a request for proposal (RFP) to elicit bids for services or products from vendors in the form of a responding proposal. The RFP process is a means of bringing structure and transparency to the procurement decision and the process allows both the client and potential vendors to vet each other to determine if they are suitable business partners. Before an organization issues the formal RFP to potential vendors, the organization completes several steps.

I would be interested in getting your thoughts. I can set up a meeting with procurement,

Therefore, Procurement will review the vendor and pricing details of the purchase requisition and if there are any changes to be made they be communicated to the engineer. Once the engineer makes the required changes to the work order, the material

There are two issues as follow: A sale on a consignment basis, a sale bearing a C.I.F division and credit sales and warranty issue.

In my role as assistant-procurement logistics, I involved a part of the bidding committee, which I have to assess the bidding document, verify and participating in decision to choose vendors, in accordance with the requirements and specifications have been defined by the user by firm and fair practice. As my role as Senior Office Manager, I have to handling a problems on large seedlings procurement issue (more than $100,000) conducted by Implementing Partners and funded by us. some of which are not in accordance with specifications. I have to make a decision based on operational aspects and sustainability of the program. to solve this problem, I have collect informations from Program Staff User, and the implementing partner.

A number of cases and problem situations have been assigned as part of the formal course requirements. Most of these will be completed as part of the seminar activity. The remainder will be completed outside of the classroom and turned in for grading. In either event, you should keep in mind that you must be prepared to discuss each assigned case at the time scheduled in the syllabus. The best case discussions are mindful of the following—you have:

First, the top solution is not to enter into a single source procurement situation in the first place. It is very important for the public procurement there is no charge of corruption can be levied at either party, government or organization should rigorously review their purchasing strategies to ensure that this does not happen.

Casturn hired a consulting company that possibly didn’t have the best interest of Casturn as its core motivation. The consulting company was paid on POTENTIAL cost savings and identification instead of a results oriented contract. Due to this structure, it became about quantity of parts that can be included in the bid instead of identifying the top say twenty percent of parts that, if managed well, could have yielded both companies a lucrative cost savings in the resourcing effort. In addition, the consulting company exited the process after the initial stages giving no one accountability to carry the resourcing effort to fruition.

It is important to read through all components of an assignment in the GCU classroom so that you are aware of its requirements and the expectations of your instructor. Look for the following cues:

The process of choosing a contractor in a competitive acquisition process can be regarded as an issue of information processing where the decision-maker gathers information from competing firms, evaluates each alternative based on established criteria, and determines the best firm or alternative based on the results of the evaluation. While there are various processes that are used in contracting such as sealed bidding and negotiation, the process of choosing the best contractor is relatively the same in these methods. The acquisition or contracting process is usually based on competition since competition is widely recognized as the foundation of every free market system.

In the modern businesses, selecting the qualified suppliers becomes more and more important activities for the companies. Lots of companies use the method of competitive bidding, which is commonly used for selecting suppliers. Transparent procurement method in which bids from competing contractors, suppliers, or vendors are invited by openly advertising the scope, specifications, and terms and conditions of the proposed contract as well as the criteria by which the bids will be evaluated [1]. In this essay, I will try to explain the reason and the advantage of the companies using competitive bidding.

So when shortlisting your construction partner, communication is key. Discuss your operational requirements, before jumping into the detailed design, and explore the idea of fixed price packaging.