What is procurement - 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? - ...

Exam 4 (Organ Procurement & Transplant: Lecture Notes), 178 Questions And Correct Answers, With Complete Solution 2024. A single donor can provide up to ____ life-saving organs 8 Can you name the four most commonly transplanted organs? (start the list with the most common) 1. kidneys 2. liver 3. heart 4. lung What is a VCA/CTA? What does this stand for? VCA = vascular composite allograft CTA = composite tissue allograft these are the same thing, basically mean (any) two or more ti...

Competitive priorities - 1. cost 2. quality 3. speed/time 4. flexibility Value - what i get/price Productivity - what i make/cost SCM key components - 1. Procurement 2. Operations 3. Logistics Procurement - Buy it: process of obtaining services, supplies, and equipment in conformance with corporate regulations Operations - Make it: makes business processes effective and efficient. They help the organization create high quality products/ services using the fewest resources ...

MAN 4583 Exam 1 Questions and Answers Rated A+ What constitutes a project? - Temporary endeavor - Beginning and end - Creates unique product - Not continuous operation - Budget Project Manager - Assigned to achieve projects objectives - Leads projects team - Organizes projects resources - Planning/ overseeing project in its entirety - COMMUNICATING - Authorization given through project charter Simple Project Life Cycle/ Knowledge Areas of Process Groups Initiating, planning,...

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...

CLG 0010 DoD Government wide Commercial Card Exam with Verified Answers Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves validating that all data mining cases are closed and assessing the key purchasing and management internal controls? Daily Data Mining Case Reviews ////// Semi-annual head of activity reviews//// Procurement Management Reviews/////// How Long does Foreign Military Sales Documentation have to be retained foll...

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...

WGU MGT2 task3.V2 - Copy - Task 3 using Case study 5 Latest Update MGT2 TASK PROF Jake [Pick the date]   WGU MGT2 task3.V2 - Copy - Task 3 using Case study 5 Latest Update Monitoring and Controlling Task 3 WGU IT Project Management – MGT2 Monitoring and Controlling Project Title Project Manager Customer Name Merrilton Mobile Payment Portal City of Merrilton A. Risk Assessment Risk Description Likelihood (L, M, H) Impact (L, M, H) Re...

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 ...

CON 3900 Exam Questions and Answers 100% Verified What type of contract shall not be used in Government contracting? - answerCost-plus-a- percentage-of-cost Contract What types of contracts can be awarded when acquiring commercial items of supply? - answerFirm-fixed-price contracts or fixed-price contracts with economic price adjustment Which form is used by DoD to apply a structured profit/fee? - answerDD Form 1547, Weighted Guidelines Method What is a Procurement Instrument Identifier ...