How do you think that a procurement strategy can be directly linked to the organization’s strategy and long-term business plan? Long question explain it briefly

Q: When it comes to executing an indirect spend procurement plan, why is it so important to have senior…

A: Frequently, organizations seeking to integrate hope to gain a competitive advantage by managing…

Q: 1. Describe the different elements of an e‐procurement system and give an example. 2. Draw a…

A: Note: "Since you have asked multiple questions, we will solve the first question for you. If you…

Q: Use a pharmaceutical company as an example and discuss the importance of Procurement Management,…

A: Procurement management is in charge of supervising all of the procedures involved in purchasing the…

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: 4 Framework Agreements are a common form of procurement in the public sector. a) What is commonly…

A: a) FRAMEWORK AGREEMENTS:     The framework agreements sets various terms and conditions under which…

Q: )explain the challenges in carrying out procurement plan

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: You are the management accountant for a small company that makes and distributes picante sauce.…

A: Management accountants work for companies that are public or private and also for government…

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: 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: How do you think that a procurement strategy can be directly linked to the organization’s strategy…

A: Sourcing or procurement is an essential part of all the supply chains.

Q: Formulate recommendation and strategies on how to minimize a business negative impact and maximize…

A: Suppliers and investors are essential for business to strive in the competition. The welfare of…

Q: discuss when it's comes to executing an indirect spend procurement plan and why is it so important…

A: Organizations seeking to centralize typically seek to strengthen their power by standardizing…

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: Identify and explain the pros and cons of assigning the procurement responsibility to each…

A: Below is the solution:-

Q: Discuss the contributions that the Procurement Department can make to the company's strategic…

A: Every business is crucial and there is huge competition in every type of business. So every business…

Q: Explain when it's comes to executing an indirect spend procurement plan and why is it so important…

A: Organizations seeking to centralize frequently seek to expand their power by consolidating pay…

Q: Illustrate how the procurement processflow?

A: THE ANSWER IS AS BELOW:

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

A: Indirect spending is primarily the cost that might not directly affect product development and is…

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: Discuss when it's comes to executing an indirect spend procurement plan and explain why is it so…

A: Centralizing organizations frequently seek to strengthen their position by standardizing…

Q: to create strategic sourcing metric to reduce cost and enhance efficiency

A: The Kraljic framework is a technique for characterizing and dissecting the buying portfolio to…

Q: As a company Buyer, you have been tasked to procure raw materials for production. Conduct a SWOT…

A: SWOT analysis can be defined as a strategic analysis which is performed by every business to assess…

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: How do you think a procurement policy should be related to an organization's long-term strategy and…

A: Both supply chains include sourcing or procurement.

Q: What makes procurement a technical function? What impact does Government legislation have on…

A: 1.Procurement accounts for spending an association's income on getting labor and products. Aside…

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: Describe  how can they believe a procurement policy should be closely related to an organisation…

A: Sourcing, sometimes known as sourcing, is an essential component of all supply networks. Sourcing is…

Q: How much lead time does the supplier require?

A: Lead time is the time which passes from the beginning of the process until its conclusion.…

Q: procuremen

A: Technology, social value, rising standards, and healthcare demand will be major issues for…

Q: How can you believe a procurement policy should be closely related to an organization's long-term…

A: Sourcing, also known as sourcing, is an essential feature of all supply chains.

Q: Topic: purchasing strategy. Details: Answer the following questions. Q1: How do you think that a…

A: Procurement and Supply Chain Management includes activities such as obtaining raw materials to…

Q: What will be  procurement strategy for a university plans to launch its new campus in the city. You…

A: According to the inquiry, an acquirement system needed to dispatch another grounds alludes to a…

Q: Describe maximising the effectiveness of the procurement process is a major goal of an organisation…

A: The procurement system calls for all the steps a business enterprise should take to collect the…

Q: Assume that you are the Purchasing Manager recently joined to a manufacturing company which consists…

A: To: Managing Director From: Purchasing Manager Date: 28/Jan/2021 Sub: Advantages of regular meetings…

Q: Note that one of the management processes in the executing process group is associated with…

A: Procurement is considered one of the most important implications while executing a process as it…

Q: Why is it so critical to have senior executive help when it comes to implementing an indirect spend…

A: Organizations looking to merge also aim to achieve a comparative edge by balancing expenses across…

Q: Explain how can they believe a procurement policy should be closely related to an organisation long…

A: Procurement strategy refers to a long-term plan to obtain necessary supplies at a low cost from a…

Q: When it comes to enforcing an indirect spend procurement programme, why is it so important to have…

A: The expenditures for supplies and facilities, as well as maintenance, are referred to as indirect…

Q: a. Hypothetically, how did you select the supplier/vendor in order to work within the budget limit?

A: Product survey results and fictitious scenarios are used in hypothetical scenario marketing to…

Q: There are various challenges that may affect a project whose procurement activities are well…

A: 1. Procurement can be defined as the process of purchasing products and services that a project or…

Q: Assume that you are the Purchasing Manager recently joined to a manufacturing company which consists…

A: To: Managing Director  From: Purchasing Manager  Date: January 24, 2021  Subject: Benefits of…

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

A: Centralizing organizations typically seek to strengthen their position by standardizing compensation…

Q: a) Explain how and why the “Identification of need and Specification of need” happen to be the two…

A: a) The first step in the procurement cycle is identifying the needs and why is it needed. This is…