Which of the following activities are required in the pre-award phase of the procurement process? a. Expediting, reviewing progress and processes b. Reviewing quotations, gaining
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A: The supply chain is the management of the flow of goods and services it helps in planning,…
Q: snip
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A: Regal has built a competitive and efficient supply chain in the production of the highest quality…
Q: 9 - Which of the following is one of the fastest and most common approaches to personnel procurement…
A: Personal procurement is the process of procuring and selecting the best person for the job in the…
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: A key part of the procurement process is the selection of suppliers. What criteria are commonly used…
A: The criteria which are commonly used in the selection process are as follows. Financial…
Q: Explain the relationship of purchasing and supply management activities with materials management…
A: THE ANSWER IS AS FOLLOWS:
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A: Starch production is a separation of starch from plant sources. It happens in starch plants. Starch…
Q: Describe how purchasing becomes aware of purchase requirements.
A: The purchase process includes several steps involving buyer and the seller. The purchaseprocess may…
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: a) Explain five (5) ways in which electronic systems can be used in the sourcing process. b)…
A: The sourcing process refers to the procurement of goods from a supplier, it includes all the…
Q: O a. Independence from the supply chain O b. Non-value added costs O c. Opportunity Cost O d.…
A: Stock administration influences your capacity to work a productive business severally. Regularly, an…
Q: Sometimes a company may need to purchase goods or services that are unique, very complex, and/or…
A: Every company uses different methods for placing order of different kind of products with its…
Q: The function of packaging refers to the ability of a product in a package to handle being…
A: Packaging simple implies the wrapping of product to transport and keep it clean easily. Packaging is…
Q: At the Clorox Company, many new products are developed in conjunction with supply partners. When the…
A: Recognizing the Goods or Services required is the first phase of acquisition. Before the…
Q: Today, different organizations employ various management techniques to carry out the efficient…
A: Three type of buyer supplier relationship: Transactional: This type of relation exists when there…
Q: Explain important characteristics of demand relates to whether demand is derived from an end item or…
A: If demand is derived from an end item, it is called an independent demand and whenever demand is…
Q: What is the document called that tells the retailer's distribution centre what is specifically…
A: A retailer is the one who supplies goods directly to the consumers and issues various types of…
Q: discuss any three of the various sources available to identify the right suppliers
A: Supplier:- A supplier is a vendor from whom an organization purchases a product or service that it…
Q: You are appointed by the government as part of the committee to evaluate the tender submitted for…
A: The scope and obligations of the bidder both during the bidding process and for the procurement…
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A: Internal control assists a company in achieving its goals. It contributes to risk reduction, asset…
Q: Explain how can a purchasing department influence the financial performance of a large manufacturer.
A: Any capability that wishes to be effective must establish specific, measurable goals for itself and…
Q: e differences between theoretical procurement knowledge in class and practical procurement knowledge…
A: A Small Introduction About Procurement Procurement is the act of acquiring products or services,…
Q: It is important to provide a summary of the item to be sourced in the requisitioning process. How…
A: This procedure may simply be described as a procedure that assists a company in generating…
Q: As a general understanding, which of the following is preferred as a result of the bidding phase of…
A: The bidding process is a transparent and fair procedure based on identifying the best value for…
Q: rfp
A: True. A request for proposal (RFP) is an archive that solicits proposal, frequently made through a…
Q: Consider the following assertion: Supply procurement is responsible for more than just purchasing…
A: Supply control is a method of ensuring that supplies are delivered to consumers in a timely and…
Q: Suthar Timber Merchants in Patiala, India, features a large selection of building supplies,…
A: Current Business Process meant for Suthar Timber Merchants:
Q: QUESTION 2 2.1 Discuss the stages in the development of the procurement function, their…
A: 2.1) Procurement process or function are a series of steps or processes that is essential to obtain…
Q: Concerns of suppliers when moving to SupplierPartnerships include:a) small lots sometimes seeming…
A: Social media is a platform that includes Facebook, Twitter, Instagram, and many other applications…
Q: snip
A: In order to optimize customer satisfaction and achieve sustainable competitive advantage, supply…
Q: Kraljic matrix
A: This method is utilized in an increasingly competitive market to keep an eye on a company's…
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: What is the importance of supplier selection in the hospitality industry? Define inventory…
A: The supply chain is the system of resources, technologies, processes, and employees that help to…
Q: Activities Involved in Materials Management of an FMCG company
A: Materials management is an important function and it consists of planning, purchasing, storing, and…
Q: What action does the Purchasing Officer take on receiving the requisition for raw material
A: Purchasing officer is the person who is in charge of an organization or firm purchasing raw…
Q: Discuss identification stage of procurement with reference to this scenario.
A:
Q: Discuss the most important elements that characterize the most successful efforts atintegrating…
A: Integration is nothing but the process of amalgamating different faction or firms either officially…
Q: Within the requisitioning process, it is important to include a description of what is to be…
A: The requisition process is a process where a particular organization in the department attempts to…
Q: Does the supplier have bar coding capability or radio frequency identification (RFID) technology?
A: Suppliers have both the technology to use. A barcode tag is a visual portrayal of information that…
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…
Q: What is determined by the order penetration point?
A: The order penetration point establishes the following: The order penetration point is the stage in…
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- : Iqra University plans to launch its new campus at Bahria Town Karachi. Thiscampus will facilitate media science and business studies. For a complete setup, the procurementdepartment will have to facilitate a number of purchases including equipment, lab facilities andgeneral items. Develop a procurement strategy for this new campus. You are required to prepare amatrix showing, the nature of purchases, types and requisitions required for the completesetup.26. What best describes the pre-contractual activities in procurement administration? a. All activities undertaken before the issuing of the purchase order O b. All activities undertaken before the delivery is made c. All activities undertaken before the award signing of a contract d. All activities undertaken before supplier selectionProcurement costs do not include: A. Issuing purchase orders.B. Setup costs.C. Purchasing costs.D. Receiving goods and placing them into inventory.
- MCQ 1-Evaluation of supplier performance in supply chain to determine whether or not to be a future supplier is known as _____a. Supply chain clarification. b. Supplier qualification c. Supply chain performance d. Supply chain quality performance. 2-International standards are used in supply chain to_____ a. Find new methods to develop products. b. Add new frame to the production process. c.Add luxury to the organisation look. d. Filter suppliers. 3-In organization, strategic options are developed based on_____a. Analysis of goals, mission and value of market. b. Analysis of vision, goals and suppliers. c. Analysis of vision, goals and mission.d. Analysis of mission, goals and products.Please answer this question: 1. Traveling requisition used for one time capital purchases. A. False B. True 2. Invitation for bid is used to buy when: A. The specifications are designed for one supplier. B. The buyer has wants a competition on the best offer, C. There is complete monopoly. D. The buyer prefers a specific supplier. 3. Spend analysis is the process of determining how much to pay for service A. False B. Trueplease help me with this question a. In a report you are required elaborate on the critique of strategic importance of procurement and Discuss the roles of inventory in the supply chain (balancing supply and demand and Buffering against uncertainties) in relation to Apple Inc. And please provide references
- COMPANY CIMB BANK WRITE Sales Call Objective OF CIMB BANK: (must require customer action such as making a purchase, supplying critical information. Etc.)Kindly Highlight the following Details: 1. Describe the steps of the procurement process flow of any manufacturing or Retail company. 2. Identify the problems which they are currently facing in the procurement process 3. Prepare a Quotation list for the procurement items. 4. Provide a brief Recommendation and Conclusion of the reportV. What are the essential features and functionalities to consider when selecting an e-procurement solution for an organization?
- The purchasing department is responsiblefor procuring raw materials and other resources at the best possibleprice. In relation to the above, and with the aid of examples, discuss thefunctions of the purchasing management.WHAT IS SAP PROCUREMENT? STATE THE USAGE OF SAP IN THE PROCUREMENT PROCESSES?As a purchasing manager, advice on the best way to source the relevant material required in the production of DAL’s first vacuum cleaner.