What is the difference between purchasing and procurement

Assignment Help Supply Chain Management

Reference no: EM133433958 , Length: Words Count:800

Instructions:

1. Answer the following questions in atleast 350 to 400 words each.

2. Answers have to be submitted in a Word/Pdf format ?le, saved with your name and Student ID and uploaded on CANVAS.

Question 1. What is the difference between Purchasing and Procurement? Brie?y discuss the various Purchasing Strategies.

Question 2. What do you understand from key Supplier Evaluation practices? How can you ensure a successful Supplier Evaluation?

Reference no: EM133433958

Questions Cloud

Describe the carton recycling supply chain : Describe the carton recycling supply chain (before CCNA intervention) and identify reasons why cartons were not being recycled.

What kpis would you recommend for the manufacturing facility : If you were hired as a consultant to develop these KPIs for TD, how would you assess what KPIs they should be measuring?

Describe the media content or message that motivated : Who controlled or produced the media content that influenced you? What was the agenda behind that content?

What is the global company profile of walt disney parks : hat is the Global Company Profile of Walt Disney Parks and Resorts?

What is the difference between purchasing and procurement : What is the difference between Purchasing and Procurement? Brie?y discuss the various Purchasing Strategies.

Concepts of lean manufacturing : Search the internet for an appropriate instructive video that presents the basic concepts of lean manufacturing, lean production, or lean principles.

Analysis of impact of layout decisions on process efficiency : Analysis of the impact of layout decisions on process efficiency, customer satisfaction, and employee safety.

Estimate the future demand in the food service industry : Forecasting is particularly important in the foodservice industry where perishability is a major concern (Kimes et al., 1998).

Describe scheduling decisions in terms of types of resouces : Describe the scheduling decisions in terms of the types of resources to be scheduled and the associated customers or jobs scheduled: Hospital, University.

User Account

All Pages