What is the purpose of loa and loi

Assignment Help Supply Chain Management

Reference no: EM133787670

Homework: Supply Chain

In this homework, you're required to make a presentation using PowerPoint slides for Procurement for the following subjects.

Steps to analyze the Profile Spend of a project sent to Procurement.

A. How to evaluate Requirements in the received PR (Purchase Request) to Procurement.

B. How to do a market analysis for a list of requirements before floating an RFP (Request for Proposals).

C. How to assess a supplier base for a project before floating an RFP (Request for Proposals).

D. Steps for determining the Sourcing Strategy.

E. Importance for Tendering Timeline.

F. Procurement role in the technical stage after receiving the proposals from bidders.

G. How to do a UPL comparison.

H. What's Total Cost Ownership (TCO), and what are the steps to calculate it.

I. Steps to conduct a successful Negotiation with a supplier (approaches/tactics/tips).

J. The most effective way to use BATNA, WATNA, and ZOPA.. etc

K. How to calculate the savings?

L. What's the purpose of LOA and LOI?

M. How to finalize /close the contract's deviations sent by bidders.

Reference no: EM133787670

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