discuss the contributions a purchasingg department can make to the corporate strategic planing process

Q: Describe how might inventory turnover shed light on an organization competitiveness and efficiency?

A: The inventory turnover proportion indicates the number of times a firm is capable to convert its…

Q: Name at least 1 external and 3 internal function that your purchasing team involved in your office.

A: The purchasing department is a very important part of every organization. It helps in maintaining…

Q: What is a Detail Diagram. What is a IPO diagram

A: The detail diagram is basically the detail explanation of the subject or the topic with drawing…

Q: SKU A B C D E F G Total 12.6 A company wants to store the following seven SKUs so there is a 100%…

A: Given-

Q: Explain the concept of strategic sourcing and how it changes the purchasing process.

A: Strategic Sourcing:                 In the supply chain management, strategic sourcing is very…

Q: Describe princsiples, methods, or strategies could be useful in integrating suppliers effectively?

A: Procurement (SRM) is a style of thinking that seeks to increase production and economy by ensuring…

Q: Briefly discuss the tasks that procurement professionals of the future will be  concerned with.

A: The procurement process is testing since it includes groups who oversee different obligations. From…

Q: Information Flow Tier 2 supplier Manufacturer Customer Consumer/ End-user Tier 1 supplier Logistics…

A: Answer:  Various drivers of supply chain network such as information, funds, products are connected…

Q: Why is it so important to have senior executive support when implementing anindirect spend…

A: Purchased services or products that do not result in a product or service being sold to a customer…

Q: Summarize the key points Describe the present purchase structure of the firm. Evaluate Make Vs Buy…

A: In the dynamic landscape of the food industry, strategic decisions surrounding the sourcing of…

Q: Notably, procurement is associated with one of the management systems within the executing process…

A: Appropriation is one of the most important issues in the course of a process because it reduces the…

Q: main goal or purpose of the RFM Corporation as an organization.

A: RFM Corporation is a business established in the Philippines. The business manufactures, processes,…

Q: Discuss how the purchasing interacts with two other functional area of an organisation?

A: All other departments will be compelled to communicate with it. Despite the importance of all…

Q: Which Supply Chain Measures Are Used for the Most Important Core Processes in the Supply Chain?

A: A supply chain can be explained as a system that is associated with the manufacture and delivery of…

Q: Describe when it's come to executing an indirect spend procurement plan and explain why is it so…

A: Indirect spending in procurement manages to obtain items and management that help a business'…

Q: Give a critical assessment of the Model which can be applied to measure DAK Corporation’s…

A: ANSWER: Industry assessment is usually  a tool which is market assessment that is utilized by an…

Q: What is a supply chain orientation? Describe the five characteristics of supply chain-oriented…

A: It is based on a management framework that directs and coordinates each of the activities performed…

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: State the key types of information required in purchasing and supply chains

A: During purchasing and supply chains, there are several forms of information that are required.

Q: Why is it important for even a small firm to develop a line ofproducts?

A: Product line refers to different products and services, that are produced by the same company. For…

Q: Who needs to be involved in a decisions on technology acquisition for supply chain management ?

A: There are numerous parties involved in an organization's technology procurement process. Multiple…

Q: in details, explain SAOG and SAOC firms

A: SAOG stands for Societe Anonyme Omanaise Generale and SAOC stands for Societe Anonyme Omanaise…

Q: Describe the procurement process for IT hardware and software in an organization, including the key…

A: The procurement process is a systematic series of steps and activities that an organization follows…

Q: 1. Describe the steps of the procurement process flow of any manufacturing or Retail company.

A: The term "procurement process" refers to the sequence of procedures required to get goods or…

Q: How important are the sourcing team's methods and procedures

A: Sourcing refers to a process of arranging suppliers who can supply goods and services required for…

Q: Explain what form of organisation is used in purchasing?

A: Purchasing activities can be more effective if they are properly planned and coordinated. There are…

Q: Material cost play a crucial role in determining the overall cost structure of an organization.…

A: In order to maintain the financial stability and sustainability of eThekwini Municipality, it is…

Q: Below are the weaknesses/ disadvantages of Direct procurement. 1. Risk of stock-outs 2. Relatively…

A: Procurement, in straightforward terms, is the getting of various items or administrations in a…

Q: What is the purchasing procedure in e-commerce? Describe in detail using a diagram.

A: Below is the solution:-