Procurement to pay process

Assignment Help Managerial Accounting

Reference no: EM133269710

Question: Make a Procurement Plan for a dinner event to raise funds for a charity of your choice.

Required as a part of the plan is the "procurementprocess" for the Fundraiser Charity Event, giving details of each step along with reasoning& justifications.

Starting from the SOW for procurement, requirement analysis, Supplier selection, contracts/RFQ's, receiving items (Controlling / monitoring) to payments & closing-measuring performance

The procurement plan/process is required for all items to be procured; requirement-wise there will be a difference in the process for vendors/suppliers. attach/ show where applicable MCDA's, RFQ's, Contracts & Agreements.

As you are required to make a Procurement Plan, write an introduction on the type of dinner you have planned for to raise funds (included in your report). Expenses are to be budgeted to a maximum of $30,000 while generating a profit of $10,000 (to be donated to the charity of choice). You may include entertainment, an auction or any other theme for the event.

Limit guests to 250 seating/ 25 tables. Sponsors or donations if used should follow a process for acquisition. Same as for other requirements like venue, catering, decoration, tickets, security etc.

# I want these points to be done from the upper case study

Procurement to pay process

Forecast and plan requiremen to Component so Raw materi also Subassemblie so Finished good so Service so Ongoing need vs. spot buy

Reference no: EM133269710

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