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[Show more]Good performance measures need to be meaningful for all participants including: - Procurement 
professionals, clients and suppliers 
Good performance measures need to be stated in terms of the higher-level objectives of the central 
procurement office or else they will lose: - their impact 
Good per...
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Add to cartGood performance measures need to be meaningful for all participants including: - Procurement 
professionals, clients and suppliers 
Good performance measures need to be stated in terms of the higher-level objectives of the central 
procurement office or else they will lose: - their impact 
Good per...
The Materials Manager for the Utility department has to keep parts and materials in stock to maintain 
all 42 pump stations as well as all the infrastructure to keep the town citizens supplied with clean, pure, 
well water. This service has to be provided 24/7, and all essential maintenance, repair ...
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Add to cartThe Materials Manager for the Utility department has to keep parts and materials in stock to maintain 
all 42 pump stations as well as all the infrastructure to keep the town citizens supplied with clean, pure, 
well water. This service has to be provided 24/7, and all essential maintenance, repair ...
Scope of Work - Typically developed by procurement to be included in the solicitation to procure 
services or other more complex combinations of products and services. Sometimes called "Performance 
Specification" 
PWS - Performance Work Statement 
SOO - Statement of Objectives 
Statement of Work ...
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Add to cartScope of Work - Typically developed by procurement to be included in the solicitation to procure 
services or other more complex combinations of products and services. Sometimes called "Performance 
Specification" 
PWS - Performance Work Statement 
SOO - Statement of Objectives 
Statement of Work ...
Public procurement is.... - The designated legal authority to advise, plan, obtain, deliver, and 
evaluate a government's expenditures on goods and services that are used to fulfill stated objectives, 
obligations, and activities in pursuit of desired policy outcomes. 
Materials Management... - emb...
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Add to cartPublic procurement is.... - The designated legal authority to advise, plan, obtain, deliver, and 
evaluate a government's expenditures on goods and services that are used to fulfill stated objectives, 
obligations, and activities in pursuit of desired policy outcomes. 
Materials Management... - emb...
SWOT analysis - a planning tool used to analyze an organization's strengths, weaknesses, 
opportunities, and threats 
Pareto Principle - 80% of purchasing cost is created by 20% of the purchase orders issued 
spend analysis - process of collecting, cleansing, classifying and analyzing expenditure d...
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Add to cartSWOT analysis - a planning tool used to analyze an organization's strengths, weaknesses, 
opportunities, and threats 
Pareto Principle - 80% of purchasing cost is created by 20% of the purchase orders issued 
spend analysis - process of collecting, cleansing, classifying and analyzing expenditure d...
XED-PRICE WITH ESCALATION/DE-ESCALATION - The purchasing officer of the governmental 
agency has expressed serious concerns about the number of repetitive requisitions, solicitations and 
POs that are being processed to purchase gasoline for the organization. Every time a new order is 
placed, anoth...
Preview 2 out of 8 pages
Add to cartXED-PRICE WITH ESCALATION/DE-ESCALATION - The purchasing officer of the governmental 
agency has expressed serious concerns about the number of repetitive requisitions, solicitations and 
POs that are being processed to purchase gasoline for the organization. Every time a new order is 
placed, anoth...
Procurement Technology - Helps accelerate business improvements 
Results Oriented Budgeting - Attempts to link a resource allocation to performance criteria 
Budget Cycle - 1. Planning 2. Formalization 3. implementation 4. evaluation 
Procurement Cards - payment method whereby internal customers are...
Preview 4 out of 34 pages
Add to cartProcurement Technology - Helps accelerate business improvements 
Results Oriented Budgeting - Attempts to link a resource allocation to performance criteria 
Budget Cycle - 1. Planning 2. Formalization 3. implementation 4. evaluation 
Procurement Cards - payment method whereby internal customers are...
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