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Essays on Procurement

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Essay Examples

Sustainable procurement

Procurement

Words: 4796 (20 pages)

Sustainable procurement (or Green procurement) is a spending and investment process typically associated with public policy, although it is equally applicable to the private sector. It is linked to the wider agenda of sustainable development. Organizations practicing sustainable procurement meet their needs for goods, services, utilities and works not on a private cost-benefit analysis, but…

Procurement Management Make-or-Buy Analysis

Management

Procurement

Words: 2160 (9 pages)

All projects involve the need to determine whether the project work will be done in-house, external to the organization (outsourced), or a combination of the two. This is called “make-or-buy analysis” and is an essential part of project planning, as well as a tool/technique integral to procurement planning (Project Management Institute, 2008). A “make-or-buy” decision…

Louis Vuitton case study

Business Process

Procurement

Supply Chain Management

Words: 2139 (9 pages)

INTRODUCTION Louis Vuitton is one the world biggest brands in the luxury apparel segment. It essentially caters to a niche market segment due to its high prices and exclusive apparels. Louis Vuitton is a flagship of the Moett Hennessy Louis Vuitton (LVMH) Group. The flagship of LVMH, Louis Vuitton has been a major driving force…

Patagonia Case Study

Environmentalism

Microeconomics

Nonprofit organization

Procurement

Retail

Supply Chain

Words: 1681 (7 pages)

1) Balancing Commitment to Business with Commitment to Environment A key issue facing management was balancing the company’s desire for environmentalism with its existence as a for-profit business. The idea of running a for-profit business implies operating at the lowest cost, growing as rapidly as financially feasible, and maximizing returns to financial stockholders ( I…

Internet Procurement

Procurement

Words: 589 (3 pages)

Subject: Internet procurement I wanted to bring your attention towards the benefits of e-commerce b2b. We have noticed a lacking in our supply chain, as for the last two orders have been late, moreover we have also noticed that the supplier has been misquoted about the amount of supplies we need and this why the…

Metalcraft Supplier Scorecard

Business Process

Business process management

Procurement

Supply Chain

Words: 456 (2 pages)

Metalcraft Supplier Scorecard The following analysis breaks down the strength and weaknesses of Metalcraft’s on the basis of the different business functions that utilize the scorecard. Buyers Strengths: * Buyers come from many functional background including purchasing, engineering, quality and planning. This ensures that different team members consider various elements when buying products to ensure…

Thaldorf’s Major Strengths and Weaknesses as a Representative of Mediquip

Information

Price

Procurement

Words: 981 (4 pages)

Ans: Weaknesses:- 1) Lack of ability to find (or to appreciate importance of it) the needs and motivations of customer. 2) Lack of preparedness/knowledge about the product:- price estimate, list of hospitals, collecting testimonials from existing clients proactively 3) Lack of building relationship ability. Mediquip already admitted that their competitors know the decision makers at…

Case Study Analysis – Zillow.Com

Finance

Internet

Procurement

Words: 2248 (9 pages)

Company History Zillow is a company running an online website for homeowners, buyers, sellers, etc. that who are interesting in real estate. It helps the user by providing a free estimate value on the property. Zillow was found by Rich Barton and Lloyd Frink, both of who have previous experience in Expedia. The Zillow has…

Project Procurement And Pre Tender Method Statement Construction

Construction

Engineering And Construction Industry

Procurement

Words: 2456 (10 pages)

Contract procurance has an impact on undertaking public presentation in footings of costs, clip and quality. During one of the briefing meetings at the pre-tender phase of a building undertaking, your Director has involvement in collaborative procurance method and necessitate your advice. In add-on, your Director has multiple sites traveling on at the same clip…

Flower Auction Aalsmeer

Customer

Information

Procurement

Words: 1220 (5 pages)

We love getting flowers; they are a symbol of celebration. When you have achieved something, when you are turning 21, when you are in love, when you have graduated… Flowers are big business in Holland. The ‘Verenigde Bloemenveiling Aalsmeer’ translates to the United Flower Auction in Aalsmeer. Most of the flowers purchased in the world…

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Frequently Asked Questions about Procurement

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How do you explain procurement?
Procurement is the act of obtaining goods or services, typically for business purposes. Procurement is most commonly associated with businesses because companies need to solicit services or purchase goods, usually on a relatively large scale.
What are the 3 types of procurement?
There are three main types of procurement activities: direct procurement, indirect procurement, and services procurement. Direct procurement: Direct procurement involves the direct purchase of raw goods, machinery, and wholesale goods that directly contribute to the company's end product.
What is the importance of procurement?
What is the Importance of Procurement? Without procurement, it would be impossible for most business operations to function. Procurement management ensures that all items and services are properly acquired so that projects and processes can proceed efficiently and successfully.

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