Kraljic matrix - Study guides, Class notes & Summaries

L4M8 - Theories Exam Questions And Answers The CIPS Procurement Cycle - ANS Stage 1 - Understand need and develop a high-level specification Stage 2 - Market/commodity options including make-versus-buy assessment Stage 3 - Develop strategy/plan Stage 4 - Pre-procurement market tests and market engagement Stage 5 - Development of required documentation, e.g. request for quotation (RFQ) Stage 6 - Supplier selection to participate in an invitation to tender (ITT) exercise Stage 7 - I...

L4M8 CIPS level 4 Glossary 2 Exam Questions With Verified Answers Name the 13 stages of the procurement cycle - answer1. Understand the need. 2. Market Commodity options. 3. Develop Stratgey/ Plan. 4. Pre-procurement / market test. 5. Develop required documentation. 6. Supplier Selection. 7. Issue invitation to tender. 8. Bid / tender evaluation. 9. Contract Award. 10. Warehouse logistics & receipt. 11. Contract performance review and continuous improvement. 12. Supplier relationshi...

Carters 10 C's - Answer-Competence Capacity Commitment Control Cash Cost Consistency Clean Culture Communication CIPS relationship spectrum - supplier selection - Answer-Adversarial Arms length Transactional Bespoke Outsourced Strategic Collaborative Partnership Co-destiny / joint venture Carter's Outsource Matrix - Answer-Strategic Alliance - core Retain - core Eliminate OutsourceTIMWOOD - Answer-Transportation Inventory Motion Waiting Over-processing Over-productio...

CIPS L4M8 theories Exam Questions and Answers 100% Pass Carters 10 C's - Correct Answer ️️ -Competence Capacity Commitment Control Cash Cost Consistency Clean Culture Communication CIPS relationship spectrum - supplier selection - Correct Answer ️️ -Adversarial Arms length Transactional Bespoke Outsourced Strategic Collaborative Partnership Co-destiny / joint venture Carter's Outsource Matrix - Correct Answer ️️ -Strategic Alliance - core Retain - core Elimin...

CIPS L4M8 theories Exam Questions With Verified Answers Carters 10 C's - answerCompetence Capacity Commitment Control Cash Cost Consistency Clean Culture Communication CIPS relationship spectrum - supplier selection - answerAdversarial Arms length Transactional Bespoke Outsourced Strategic Collaborative Partnership Co-destiny / joint venture Carter's Outsource Matrix - answerStrategic Alliance - core Retain - core Eliminate Outsource TIMWOOD - answerTransportation Inv...

CIPS L4M8 theories Exam Questions With Verified Answers Carters 10 C's - answerCompetence Capacity Commitment Control Cash Cost Consistency Clean Culture Communication CIPS relationship spectrum - supplier selection - answerAdversarial Arms length Transactional Bespoke Outsourced Strategic Collaborative Partnership Co-destiny / joint venture Carter's Outsource Matrix - answerStrategic Alliance - core Retain - core Eliminate Outsource TIMWOOD - answerTransportation Inv...

CIPS L4M2 Exam Review Questions and answers, rated A+ Re-buy - -It is not necessary to specify a new specification or to source the market. Call-off or framework agreement. A preferred supplier is in place Modified Buy - -Review of existing contract requirements and making any necessary amendments such as to build additional benefits, streamline the business or to establish new KPIs/SLAs. Where some of the specification or requirements have changed. New Buy - -A new purchase outlines ...

CIPS L4M2 EXAM 2024 Re-buy It is not necessary to specify a new specification or to source the market. Call-off or framework agreement. A preferred supplier is in place Modified Buy Review of existing contract requirements and making any necessary amendments such as to build additional benefits, streamline the business or to establish new KPIs/SLAs. Where some of the specification or requirements have changed. New Buy A new purchase outlines requirements that have not been specified befo...

CIPS l4m8 Exam Questions And Answers S in STEEPLED - ANS Socio Cultural T in STEEPLED - ANS Technological 3 Es in STEEPLED - ANS Economic Environmental Ethical P in STEEPLED - ANS Political L in STEEPLED - ANS Legal D In STEEPLED - ANS Demographic factors The STEEPLED analysis - ANS Popular tool for analysing the macro environment 5 forces model - ANS Threat from new entrants Threat from substitutes Buyers bargaining power Suppliers...

The Purchasing process - 1. Define Specification. 2. Select Supplier 3. Contract Agreement 4. Ordering 5. Expediting 6. Evaluation Follow up Definition of Procurement & Supply - recognition of the fact that the purchasing function has a role in not just "buying inputs" but in "securing supply" Direct Costs - These are costs which can be identified directly with the production of a good or service; e.g. raw materials. Usually strategic or leverae suppliers Indirect Costs - These ar...