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Elucidate the purchasing process in large organizations?
1. Request to purchase/requisition
2. Supplier selection
3. Purchase order
4. Fulfillment
5. Goods receipt
6. Supplier invoice/payment
Differentiate between stock checking, stock taking and stock verification
What do you think of relevant in relation of supply network design
What are the benefits of outsourcing Logistical Activities? a. Focus on core competencies b. Operational flexibility c. Geographical Coverage: d. Use of best methods and experi
Suppose you are a corporate buyer. One of your suppliers delivers a particular part in 12 days on average; with a standard deviation of 3/ The daily usage averages 20 units per day
Q. Explain the different methods for identifying fair? i. Competition based pricing: In this method, a product's price is set based on the competitor's price for the same produ
Using historic time series data on monthly unemployment rates from January 2001 to April 2011, calculate the following: a) Monthly adjusted seasonal indices using monthly moving
Mining and Industrial Tyre Supply Inc (MITSI) distributes and sells tyres. While most of MITSI's sales come from earthmover and industrial tyres, they also stock and sell a very mi
As1. Ms. Winnie Lin’s company sells computers. Monthly sales for a six-month period are as follows: MONTH SALES Jan 18,000 Feb 22,000 Mar 16,000 Apr 18,000 May 20,000 Jun 24,000 a.
citing differenting procurement strategic between public & private org highliting their objectives
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