a)The overall objective of the procurement evaluation process is to reduce purchase risk and maximise value to the purchaser. Discuss the stages of supplier evaluation and selection that you must go through in order to achieve the said objectives. b)Why is it necessary for project promoters to prepare a business case?

Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
ChapterC: Cases
Section: Chapter Questions
Problem 1.10A
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a)The overall objective of the procurement evaluation process is to reduce purchase risk and maximise value to the purchaser. Discuss the stages of supplier evaluation and selection that you must go through in order to achieve the said objectives.

b)Why is it necessary for project promoters to prepare a business case?

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