CPPB Prep Domain I: Procurement Administration 100% Correct(Rated A)

CPPB Prep Domain I: Procurement Administra Inputs - ANSWER Measures resources used. They include labor, materials, equipment, and supplies. Demand for services may also be considered an input metric. Outputs - ANSWER Record activity or effort that can be expressed in a quantitative or qualitative manner. Outcomes - ANSWER Asses results of an activity and show whether expected results were achieved. Must be benchmarked against other departments and outside organizations. A benchmark is simply a point of reference that can be used as a standard to compare effectiveness and efficiency measurements. Efficiency measures - ANSWER Represent the ratio of inputs to outputs or outcomes. When outputs are increased and inputs are decreased, more efficiency is generated. Effectiveness measures - ANSWER Reflect how long it takes to process a request for procurement or the turnaround time to receive a commodity or service. Essentially measures quality and affects customer satisfaction. It should be tied back to the key objective. 7 Rights of Procurement - ANSWER Right materials, right quantity, right time, right place, right source, right service, right place Automated Procurement Systems - ANSWER In-house computerized systems and processes used to perform tasks, store information, and facilitate transactions between procurement and client organizations. ERP tion 100% Correct(Rated A)