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Question :
(a) List four solicitation methods.
(b) Explain the reasons for requesting bid security and performance security from a potential supplier.
(c) Compare and contrast the two major types of specifications generally used for procurement of goods and services.
(d) Distinguish between supplier appraisal and vendor rating.
(e) Explain briefly the five elements of the ‘Purchasing Mix'.
(f) Explain the following terms and their relevance to purchasing:
(i) Economic Order Quantity (EOQ)
(ii) Purchasing Card
(iii) Supply Chain Management (SCM)
(iv) Electronic Data Exchange (EDI).
The Logistics Director of a retailer based in the UK has asked for your advice. The Logistics Director works for a company that purchases a range of household furnishing product
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what is the potential negative or downside to the long-term Starbucks-OHL collaboration? identify what you can consider to be three major potential problems in such long-term relat
CRITIC GENERATION OF REQUIREMENT AS A UNIT
Question 1) Explain the concept of Service mapping with example Question 2) A. Factors that influence customer expectations B. Pricing strategies follo
What are the activities in promotional mix?
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Saki, a local bar, consumes Mehboob, a popular non-alcoholic drink, at a steady rate of 10 cases/week. Saki usually buys Mehboob at $6/case, delivered to its door. However, the su
1 Consider using a simple moving average model. Experiment with models using five weeks’ and three weeks’ past data. The past data in each region are given below (week 21 is the we
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