The procurement process - Study guides, Class notes & Summaries

CIPS L4M4 - RESPONSIBLE AND ETHICAL SOURCING EXAM QUESTIONS & ANSWERS 2024/25 What does sourcing mean? - ANSWERSWhen procurement professionals try to find suitable suppliers, products or services for the right money, quantity etc What are the two types of sourcing? - ANSWERSTactical and Strategic What is Tactical Sourcing? - ANSWERSThis involves low level decision making High profit, low risk items Short term projects Transactional relationships What is strategic sourcing? - ...

ERP Overview (MISY 5340)- CH 1 , 2, 4, 5Asset Management and Customer Service Processes - correct answer (service) used to maintain internal assets such as machinery and deliver after-sales customer service such as repair Business Process - correct answer a set of tasks or activities that produce desired outcomes Enterprise Systems (ES) - correct answer systems that support end to end processes and are essential to the efficient and effective execution and management of business process ...

Explain the difference between a value chain and a supply chain. Provide specific examples from the operations of Toyota South Africa to illustrate the difference. In your answer, you should demonstrate a critical understanding of the interrelated activities involved in each chain and how they contribute to the creation and delivery of value to customers. As an expert in supply chain risk management, you have been tasked by Toyota South Africa to aid them in conducting an extensive risk asses...

MISY 5340 Exam 1 Question and answers 100% correct 2023/2024Movement type 101 describes - correct answer A good receipt for a purchase order Which one of the following steps take place at the beginning of the purchasing process? - correct answer Create purchase requisition Which of the following steps in the purchasing process is part of the FI module? - correct answer Create invoice receipt from vendor Where are vendor master reports used? - correct answer Both Financial Ac...

ENN1504 ASSIGNMENT 1 SEMESTER 1 2023 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on 079 811 9845 . QUESTION1: WRITING SKILLS IN WORKPLACE CORRESPONDENCE Please read the following guidelines before attempting to answer this assignment: The purpose of this question is to assess your ability to write a memorandum. This requires you to do the necessary preparatory reading so that you can answer the question convincingly and adequately. You should ...

Test Bank for Operations and Supply Chain Management 16th Edition By F. Robert Jacobs and Richard Chase. Section One: Strategy, Products, and Capacity Ch. 1 Introduction Ch. 2 Strategy Ch. 3 Design of Products and Services Ch. 4 Projects Ch. 5 Strategic Capacity Management 5S Investment Analysis Ch. 6 Learning Curves Section Two: Manufacturing and Service Processes Ch. 7 Manufacturing Processes 7S Manufacturing Technology Ch. 8 Facility Layout Ch. 9 Service Processes 9S Health Care Ch. 10 Waitin...

SCMN 2150 FINAL EXAM QUESTIONS AND ANSWERS GRADED A+ Which global channel focuses on the documentation needed for government compliance, visibility, and control of goods moving globally. A.) Communication channel B.) Transaction channel C.) Distribution channel D.) Omni-channel A.) Communication channel According to a study by Stanford University, cross border trade processes can involve up to 106 steps. What problem does this cause? A.) Greater in-transit visibility B.) Lowe...

CON 2370 SIMPLIFIED ACQUISITION PROCEDURES FULL SOLUTION 2023 LIBERTY UNIVERSITY Lesson 0.1: Welcome Welcome Ranger on a hiking path, talking: The procurement process often consumes a lot of time and resources due complicated procedures and many regulatory requirements. But what if you have a smaller, simpler purchase, like some computer equipment for a conference room? That shouldn’t take the same amount time and resources as procuring a weapons system, should it? Welcome to CON ...

Test Bank for Designing and Managing the Supply Chain 4e 4th Edition by David Simchi-Levi, Philip Kaminsky and Edith Simchi-Levi. ISBN 7709 Full Chapters test bank included CHAPTER 1: INTRODUCTION TO SUPPLY CHAIN MANAGEMENT Chapter 1 Introduction 1.1 What Is Supply Chain Management? 1.2 The Development Chain 1.3 Global Optimization 1.4 Managing Uncertainty and Risk 1.5 Supply Chain Segmentation and Customer Value Proposition 1.6 The Evolution of Supply Chain Management 1.7 The Comp...

Test Bank Lutz’s Nutrition and Diet Therapy 6th Edition Mazur LitchContents Chapter 1: Nutrition in Human Health .................................................................................................. 2 Chapter 2: Carbohydrates ................................................................................................................. 19 Chapter 3: Fats .................................................................................................................................