Procurement buy it - Study guides, Class notes & Summaries
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CON 2370 Exam Practice Questions and Answers Latest Update 2023/2024 | 100% Verified
- Exam (elaborations) • 22 pages • 2023
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CON 2370 Exam Practice Questions and Answers Latest Update 2023/2024 | 100% Verified. You should use SAP when - correct answers The estimated value of the 
requirement is equal to or less than the SAT 
You have a requirement to purchase military transport vehicles that can 
travel over rough terrain. Market research has shown that there are no 
commercially developed or Government developed items that satisfy the 
terrain requirements. This type of item is a: - correct answers 
Developmental ite...
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CPPO PRACTICE EXAM WITH QUESTIONS AND ANSWERS LATEST 2024-2025
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CPPO Practice Exam with	 Questions and Answers 
 
Market - ANSWER	A buyer wants to spot buy propane. Which analysis process should be used to determine when to buy? 
a.	Demand 
b.	Supply 
c.	Performance 
d.	Market 
Mean Absolute Deviation - ANSWER	Forecasts are never completely accurate. Which calculation demonstrates the degree of accuracy? 
a.	Weighted moving average 
b.	Absolute value of errors 
c.	Mean Absolute Deviation 
d.	Economic Order Quantity 
Developing alternate procurement operatio...
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DAVILLA SCM 300 EXAM 3 2024 WITH 100% ACCURATE SOLUTIONS
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DAVILLA SCM 300 EXAM 3 2024 WITH 100% ACCURATE SOLUTIONS 
 
 
Competitive priorities - correct answer 1. cost 
2. quality 
3. speed/time 
4. flexibility 
 
Value - correct answer what i get/price 
 
Productivity - correct answer what i make/cost 
 
SCM key components - correct answer 1. Procurement 
2. Operations 
3. Logistics 
 
Procurement - correct answer Buy it: process of obtaining services, supplies, and equipment in conformance with corporate regulations 
 
Operations - correct answer Mak...
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L4M4 - Chapter 1 Questions and Answers Graded A+
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L4M4 - Chapter 1 Questions and 
 
Answers Graded A+ 
 
What is Tactical sourcing? Low level decision making 
High profit, low risk items 
Short term projects 
Transactional relationships 
 
What is Strategic sourcing? Top level decision making 
High profit, high risk items 
Long term projects 
Collaborative relationships 
 
What factors typically represent value to the procurement organisation when sourcing? Price, 
Delivery, Quality, Ethics, Sustainability, Availability 
 
Novack and Simco's 1...
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MNM2615 - Marketing In Africa Portfolio 1st semester- Assignments 1,2 and 3 2022 (85%).
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MNM2615 - Marketing In Africa Portfolio 1st semester- Assignments 1,2 and 3 2022 (85%). INTRODUCTION 
The world of E-Commerce is significantly pronounced in Africa than it is in other territories, 
and we are seeing a dramatic increase in the number of people accessing the internet and 
making payments via the internet and how the internet can be leveraged to target a brand’s 
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CPPO Practice Test Questions & Answers 2024/2025
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CPPO Practice Test Questions & Answers 2024/2025 
 
 
Market - ANSWERSA buyer wants to spot buy propane. Which analysis process should be used to determine when to buy? 
a. Demand 
b. Supply 
c. Performance 
d. Market 
 
Mean Absolute Deviation - ANSWERSForecasts are never completely accurate. Which calculation demonstrates the degree of accuracy? 
a. Weighted moving average 
b. Absolute value of errors 
c. Mean Absolute Deviation 
d. Economic Order Quantity 
 
Developing alternate procurement o...
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CIPS L4M2 LATEST 2024 ALREADY PASSED
- Exam (elaborations) • 33 pages • 2024
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CIPS L4M2 LATEST 2024 ALREADY 
 
PASSED 
 
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...
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SCMN 2150: Module 5-8 Robert Straw Auburn Questions and Answers Already Passed
- Exam (elaborations) • 18 pages • 2024
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SCMN 2150: Module 5-8 Robert Straw 
Auburn Questions and Answers Already 
 
Passed 
 
According to the reading the final step of strategic sourcing is to: 
 
A. integrate suppliers into existing processes 
B. negotiate with and select suppliers 
C. analyze product categories used by the businesses and spending patterns 
D. track performance metrics and optimize sourcing plan 
D. track performance metrics and optimize sourcing plan 
According to the reading, the most popular response to COVID-19 ...
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AP Knowledge test #1 Rutgers Tony Bell WITH 100% CORRECT SOLUTIONS
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Supply Chain 
A system of organizations, people, activities, information, and resource involved in moving 
a product or service from supplier to customer. 
 
 
 
Supply chain activities 
involve the transformation of natural 
resources, raw materials, and components into a finished product 
that is delivered to the end customer 
 
 
 
Supply chain management 
encompasses the planning and 
management of all activities involved in sourcing and procurement, 
conversion, and all logistics management...
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SCMN 2150: EXAM 2 (STRAW)
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Procurement 
The purchase of merchandise or services at the optimal total cost, the correct quantity, the correct time, and the correct quality. The tactical aspect of the buy process. The goal is to get exactly what they want when they need it. Day to day purchasing function. 
Strategic Sourcing 
An institutional procurement process that continuously improves and re-evaluates the purchasing activities of a company. Focus on continuous improvement of procurement 
Strategic focuses on continuous ...
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