Essays on Procurement

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…

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…

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…

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…

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 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…

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…

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…

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…

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…