The word "right" form the procurement point of view within the supply chain is 1) Planning & determining the logistics cost to the business and across businesses 2) Optimizing organization the optimum cost for the needs 3) Reducing cost to the end user is the main objective 4) All of the above.
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- At the Clorox Company, many new products are developed in conjunction with supply partners. When the company wanted to develop a line of surface-protecting cleaning products, it partnered with specialty chemical companies to develop products that could protect surfaces as sensitive as Teflon. Discuss identification stage of procurement with reference to this scenario. Identification Stage of procurement: Identifying Goods or Services needed is the 1st stage of procurement. Before the company can have something procured, there ha Do you think the role of supply partners as Earlier Supplier Involvement (ESI)? Mention the keynotes from ESI that can be generalized to any buying organization.1)explain the challenges in carrying out procurement plan? 2) explain the consequences organizations will experience in failing to carry out effective procurement planning?Illustrate how the procurement processflow? Discuss the advantages and disadvantages on online retail?
- a) Explain five (5) ways in which electronic systems can be used in the sourcing process.b) Describe five (5) ways in which added value may be created for a buying organization through an effective sourcing process c) With examples, explain the various forms of unethical behavior practiced in the procurement profession.Functions in procurement and logistics management face enormous challenges. Examine the statement using relevant instances.The key elements (drivers) of supply chain management are as follows: Select one: a. Planning, operations management, leading and procurement b. Planning, organising, logistics, operations management. c. Planning, organising, leading and controlling d. Planning, procurement, logistics and operations management
- What are the essential features and functionalities to consider when selecting an e-procurement solution for an organization?SHEFRANSHIMA SUPPLIERS AND GENERAL DEALERS LTD MANAGEMENT APPROACHES YOU TO HELP THEM WITH A SIMPLE COMPANY PROFILE. THEY ARE INVOLVING IN THE FOLLOWING ACTIVITIES: - Manufacturing of Munkoyo Drink packed in 500ml, 1 litre, 2.5 litres, 5 litres and 10 litres - Buying of Maize, soya beans, millet, and sorghum - marketing of Munkoyo drink - General trading - KINDLY WRITE A PROFILE FOR THE COMPANYProcurement extends from just defining work- sharing warranties etc to co designing the offering and R&D that it requires. Discuss the evolution of procurement strategy from cost driven to revenue approach in the light of above approach.
- Explain the 8 step of developing the logistics strategy? Do a logistic audit The internal audit analysis Design the general feature of supply chain Set specific goals to show what each logistics activity must achieve. Design the best organizational structure, controls and system to support the logistic network. Benchmark logistic, looking at the performance of leading organisations Implementation strategy, setting the the condition for lower levels of logistic decisions. Monitor and control.As an aspiring supply chain management scholar, one should be able to distinguish between purchasing and procurement. Distinguish between purchasing and procurement.Which of the following descriptions best describe the role of a supply chain? Select one: a. The role varies based on the nature of the environment, but can include sourcing, production, marketing, sales, after-sales service, and the acceptance of risk and responsibility for the product. b. The logistics of an organization's distribution strategy. c. Physical distribution and payment collection. d. The role varies based on the nature of the environment, but can include physical ownership, payment collection, and the inclusion of after-sales service, but never involves risk or responsibility for the product.