User Account

All Pages

Requests for quotation and requests for information

Assignment Help Operation Management
Reference no: EM132586259

Request methods such as requests for information (RFIs), requests for quotation (RFQs), and requests for proposal (RFPs) are used to obtain pertinent information from potential suppliers. Based on the organization you have selected, respond to the following questions:

1. What types of material or services will your organization purchase from outside suppliers?

2. What are the differences between RFIs, RFQs, and RFPs?

3. Which request type (RFI, RFQ, or RFP) would be used for your organization?

Explain why you chose this request type. HERES THE SECOND PART!!! Complete the Bid and Proposal Documents section of the Procurement Plan Project as follows:

4. This section should detail the request types you will use, and it should specify the criteria (specifications and features that you want) for materials or services purchased.

1. How will these requests be used to get information from potential suppliers?

2. Describe the criteria required for the materials or services purchased.

3. How will the criteria for the materials or services purchased be incorporated into the request types?

 

Reference no: EM132586259

Questions Cloud

Calculate net present value of the investment in solar panel : Approximately what would the intangible benefits need to be each year to make it worthwhile to invest in the solar panels? Calculate the net present value
Formulate business performance plan : Describe specifically how the organization will formulate a business performance plan, Determine the planning horizon. Identify critical success factors.
Compute the net present value for acme company : How to Compute the net present value. (Hint: Use Microsoft Excel to calculate the discount factor(s).) (Do not round intermediate calculations)
Explain the unit cost of a product under absorption costing : Explain difference between the unit cost of a product under absorption costing and variable costing? Which method do you find most valuable to the the operation
Requests for quotation and requests for information : Request methods such as requests for information (RFIs), requests for quotation (RFQs) and requests for proposal (RFPs) are used to obtain pertinent information
Determine the net present value of alpha and beta : Determine the net present value of Alpha and Beta.Mitchell Company has $30,000 to invest and has two alternative uses of the funds
Find and calculate the irr promised by the new van : Calculate the IRR promised by the new van. (Hint: Use Microsoft Excel to calculate the discount factor(s).) (Do not round intermediate calculation)
Prepare separate computations for each investment : Which investment would you recommend that the company accept? Show all computations using net present value. Prepare separate computations for each investment.
How global technology has changed the way businesses : Discuss how global technology has changed the way businesses, in this case the franchises, communicate because of the accessibility of Web sites, social media,

Reviews

Write a Review

Operation Management Questions & Answers

  Sentence makes the least sense on the great depression

which sentence makes the least sense on the Great Depression?

  The business environment is the stakeholder theory

The theory that has more of an impact on the business environment is the Stakeholder Theory.

  Describe the set of steps in the od action research model

What are the pros and cons of each model? Which model should Red Carpet use for its change process and why?

  What is the average number of students in the system

Students arrive at the CSUS Financial Aid Office at a rate of 14 per hour and can be processed at a rate of 17 per hour. What is the utilization this office? What is the average wait time in minutes? What is the average time in minutes spent in the s..

  Strategic management based question

As is explained on both the Help screens for the Branded Sales Report and the Private-Label Sales Report, when exchange rate shifts result in a weaker US$ and a stronger Singapore $,

  What is target market and why is important to marketers

What is target market and why is important to marketers? What is product positioning?

  How should she address this in her strategic plan

What impact could future trends in retailing have on Marsha's success? How should she address this in her strategic plan?

  Purpose of assessing the functioning of organizations

The six-box model is a framework developed by the Marvin Weisbord with the purpose of assessing the functioning of organizations.

  Declared ineligible by NCAA for rest of this season

Kansas' Silvio De Sousa was declared ineligible by NCAA for rest of this season, all of next season. Accepting Funds.

  What customer satisfaction attributes were improved

Identify and describe a service encounter you experienced where technology helps deliver the service in total or in part, including what hard and soft technology most likely is involved on supplier side and/or on the customer side? what customer sati..

  What are some unique characteristics of your company

What product or service does your company sell? What is your company's scope of operations? What are some unique characteristics of your company?

  What is your favorite major corporation

What is your favorite major corporation and why are they your favorite?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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