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Question :
(a) List four solicitation methods.
(b) Explain the reasons for requesting bid security and performance security from a potential supplier.
(c) Compare and contrast the two major types of specifications generally used for procurement of goods and services.
(d) Distinguish between supplier appraisal and vendor rating.
(e) Explain briefly the five elements of the ‘Purchasing Mix'.
(f) Explain the following terms and their relevance to purchasing:
(i) Economic Order Quantity (EOQ)
(ii) Purchasing Card
(iii) Supply Chain Management (SCM)
(iv) Electronic Data Exchange (EDI).
Explain the impacts of e-Commerce on Supply Chain Management Impacts of E-commerce on SCM - a. Cost efficiency b. Flexibility in distribution system c. Customer orient
Question 1: Describe in detail the management processes in the SCOR model. Diagram and Definition of each process Ambit, Main aspects and functions of SCOR model
distribution objective
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Will the pricing and product policy of a multinational firm be different in a developed and an underdeveloped country? Justify your answer.n..
Question 1: The Executive, the Legislative and the Judiciary are the three organs created by the Constitution of Mauritius. The Judiciary is, by virtue of the Constitution, ves
LEAN THINKING Read the journal article Spear, S., & Bowen, H. K. (1999) ‘Decoding the DNA of the Toyota Production System’, Harvard Business Review, 77 (5), pp. 96–106 QUESTI
explain value chain
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how does starbucks fit into the value chain of the coffee industry
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