Scmn 2150 exam 2 straw Study guides, Class notes & Summaries

SCMN 2150 Exam 2 Robert Straw Questions and Answers Already Passed What is procurement? The purchase of merchandise or services at the optimum possible total cost in the correct amount and quality What is strategic sourcing? an institutional procurement process that continuously improves and re-evaluates the purchasing activities of a company What is the difference between traditional purchasing and strategic sourcing? strategic sources seeks for continuous improvement What are t...

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 ...

What is procurement? : The purchase of merchandise or services at the optimum possible total cost in the correct amount and quality What is strategic sourcing? : an institutional procurement process that continuously improves and re-evaluates the purchasing activities of a company What is the difference between traditional purchasing and strategic sourcing? : strategic sources seeks for continuous improvement What are the steps in the procurement process and why is it important to foll...