specialists into procurement whereby they can add their expertise to commercial decisions. Would you agree with this? Why?

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: Explain what are the reasons why top management commitment is essential to the success of supplier…

A: In any organization, top management plays a critical role.

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: Why is it so important to have senior executive support when implementing an indirect spend…

A: Associations hoping to incorporate are frequently hoping to pick up force by controlling spend…

Q: Describe how easy is it to switch suppliers and what could complicate a firm's ability to switch to…

A: A supplier is a business or organisation that provides goods or services to another company,…

Q: If a company decides to switch to a few suppliers, how does a conventional adversarial relationship…

A: Supply chain management is the method of coordinating all supply chain activities and controlling…

Q: When might a purchaser select a supplier that is having financial difficulties?

A: ANSWER: Supplier selection and evaluation process include accessing new and existing suppliers with…

Q: What skills or methods should be used to incorporate suppliers effectively?

A: On the off chance that you work for a huge association, you doubtlessly have a huge number of…

Q: What are the potential challenges in supplier management and how can they be overcome?

A: Supplier management is the practice of effectively managing the relationships and interactions with…

Q: Explain when might a purchaser select a supplier that is having financial difficulties?

A: Contacting new and existing suppliers to determine their delivery, management, and service quality…

Q: Describe what are the pros of using a supplier and when choosing a supplier,what consideration…

A: The supply chain has become very complex in today's modern business era and a company can not do…

Q: What is the effect of the Supplier relationship on the company?

A: A supplier is an individual or company that delivers an item or administration to another element.…

Q: Describe what kinds of knowledge will a supplier provide that will be useful during the production…

A: In term supply chain control, sustainable procurement is a critical step. Suppliers have to be well…

Q: If procurement specialists believe in change and innovation, what steps can be taken to accommodate…

A: This question is related to the topic - Supply chain management -Procurement, this topic falls under…

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: Identify how technology is playing a key role in the procurement and supply process and the main…

A: The role of purchasing is to obtain components and materials that are required for the production of…

Q: Explain the kinds of knowledge will a supplier provide that will be useful during the production of…

A: The role of a supplier is an important part of the production process because the benefits from a…

Q: Why is it important for a firm to successfully integrate its external suppliers?

A: Suppliers are the backbone of the supply chain because without a supplier it's impossible for a firm…

Q: What sources would you use to find other possible sources of supply who would be invited to tender?

A: Introduction: The term Market refers to an exchange of goods and services between the buyer and the…

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: Give typing answer with explanation and conclusion  five practical ways by which the cancer of…

A: Procurement corruption is a significant issue that affects many industries and countries, leading to…

Q: How easy is it to switch suppliers? What could make a company's transition to a new supplier more…

A: A supplier shall be a business or association which sells goods and services to a different entity,…

Q: Discuss the application of industry 4.0 in procurement management processes

A: Industry 4.0, also known as the Fourth Industrial Revolution, is a term used to describe the current…

Q: Why should a corporation successfully integrate its external suppliers?

A: To explain: The reason behind why should a corporation successfully integrate its external…

Q: Which industries are the most difficult for suppliers to anticipate in terms of client wants and…

A: Strategic management is the process of planning, organizing, monitoring, analyzing, and controlling…

Q: b) Suggest possible measures/ solutions that can be un

A: Electronic procurement systems are a significant advancement in the buying process, providing…

Q: What kinds of knowledge will a supplier provide that will be useful during the production of a new…

A: Suppliers are an essential component of any supply chain structure. Raw materials and other…

Q: Explain the features of an integrated supplier programs?

A: To stay competitive in an era of declining profitability, growing rivalry, and diminishing product…