Buying and selling in a complex world - Procurement management
7 important questions on Buying and selling in a complex world - Procurement management
What are the 6 steps of the procurement process?
2. Selecting
3. Contracting
4. Ordering
5. Monitoring
6. Aftercare
What is the scope of activities of procurement?
- Managing the tender process
- Contracting
- Negotiating
- Supplier management
What is the difference between a push and pull strategy?
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
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What is the scope of purchasing?
at the right time
in the right quantity
from the right supplier
at the right price.
Which purchase specifications should be included?
- Description of the product
- Drawing of the product with tolerances, exploded views, cross sections
- Product characteristics: weight, color, transportability
- Required materials or parts
- Food approved? Certificates
- Insurance
- Brands
What is OEM and which advantages does it offer?
Advantages are quick response time, quality component, good customer service and warranty.
What is an internal customer?
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
