Shopping, Other Management

Assignment Help:

Shopping in terms of Contract Management 

Shopping is a term often used in our daily life. In terms of contract management, this term is adapted for procurement of certain special requirements. As a first step, various contractors or suppliers are enquired and a procurement date is obtained from them. This procurement date is based on the requirements of your project. The date collected from various suppliers by enquiring is compared, and then based on the output, procurement is made. Since procurement is critical, we follow a definite procedure for procurement.  Shopping is a popular method of procurement in which  the quotations are invited from pre-selected contractors or suppliers for procurement of small quantity of service, or goods. Shopping can either be national or international. In the case of national shopping, the currency of quotation and payment is in national currency. In international shopping, currency of quotation and payment can either be national or international.   


Related Discussions:- Shopping

Laws of library science, The study of the structure and development of the ...

The study of the structure and development of the UoS by the information professional can be shown to be a necessary implication of the five laws of library science. Law 1 And I

Private documentation/information centres, Private documentation/informatio...

Private documentation/information centres: They belong mainly to private business enterprises, commercial firms, etc., and serve primarily the interests of their own instituti

Planning for negotiations , Planning for negotiations  A complex negoti...

Planning for negotiations  A complex negotiation requires specific planning to be successful. Without planning, a negotiator cannot possibly have the information required to ef

Enterprise project management model, The Enterprise Project Management Mode...

The Enterprise Project Management Model Enterprise project management is a tool that gives an overall view of the resources and the project management activities and brings in

Cultivating communities of practice, C ultivating communities of practice ...

C ultivating communities of practice In an organisational life, the CoP has been readily accepted by people. It will flourish irrespective of whether the organisation recognis

Coordinating work - library classification, Coordinating Work: When di...

Coordinating Work: When different persons are doing different jobs connected with the processing and preparation of documents there can be  chances of inadvertent errors and,

Document accessioning - library management, DOCUMENT ACCESSIONING: All...

DOCUMENT ACCESSIONING: All the books and documents received in the  library are taken into its stock  by a process called Accessioning which involves the assignment of a seria

Define a safety and health at work policy, QUESTION 1 (a) State 5 crite...

QUESTION 1 (a) State 5 criteria which should be taken into consideration when planning a safe place of work. (b) Briefly describe them. QUESTION 2 (a) Define a safe

What do you understand by good governance, Question 1: i) What do you...

Question 1: i) What do you understand by good governance? ii) To what extent has good governance been implemented in the Mauritian Public Sector? Question 2: CSR h

Describe how you can enter tasks in ms project, Question 1 In order to inc...

Question 1 In order to include the cost aspects in the project scheduling, it is very much essential to first define the cost-duration relationships for various activities in the

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd