E4-16, E4-19, E4-22 Judgment Case 4-9 on page 227, E5-3 on page 275, and E5-10.…
This morning during the ACC-KU contracting meeting this requirement packet was discussed by CPT Boling. However, establishing the way forward…
If the negotiation doesn't work, the relationship between senior buyer and the vendors might be in trouble…
Communication between the two parties needs to be consistent as each individual needs to be clear on what they are agreeing to and also needs to be kept in the loop should anything change in the contract. When writing up the contract it should be clearly communicated, especially with price. The buyer must be aware of the final cost because if the price included contained hidden costs then the contact isn’t valid and there are grounds for complaint.…
Siempro Baseball Field is in need of a practice field. The land chosen is approximately 20 acres and has a few structures and trees. The existing water and sewer lines will need to be inspected/connected and the project deadline will be 2 years from project start date. We will be selecting one General Contractor to complete this project. The end result should include an updated field, clubhouse, and parking area to hold about 50 cars. We will need existing plans, specs, and drawings to map out this new renovation. The intent of this document is to provide interested vendors and enable them to submit sufficient information for the project. There will be 2 vital phases to begin this project:…
The needs of a project must be carefully identified, sourced and acquired to have a successful procurement process. Procurement planning is essential to the overall success of a project. It involves identifying the materials and services, finding the suppliers, and properly documenting the transactions.…
The process begins with an approved acquisition plan and then a joint government/contractor team is formed. As the team works together to develop requirements, draft a model contract, conduct the audit, and find the right price, they may also find the need to redo the program baseline to improve performance, lower risk, or reduce cost. The model contract may be revised as technical and price issues are settled. After they have completed their tasks, the contracting officer collects all of their inputs and combines into one proposal or offer. This is where the negotiation process begins with the government and contractor on opposing sides.…
7. Are there any licenses, insurance, or qualifications which are difficult to obtain? No 8. Can the newcomer expect strong retaliation for entering the market? No Criteria – Bargaining Power of Buyers Yes (+) No (-) Comment…
U&E, PD&D, 4th Edition, Chapters 4 (Identifying Customer Needs); Chapter 5 (Product Specifications); Chapter 6 (Concept Generation), Chapter 16 (Managing Projects)…
7.Divide the projects into phases, with each phase resulting in a release. This enables changes to be brought into the fold on subsequent phases more easily. This also works well when time to market needs to be quick.…
Uncertainty and tentativeness; the buyer & seller act as if they are on a first date. They are uneasy and uncertain about the motives and the outcome. Short term pressures; buyer will be under pressure to cut costs and the seller will be under pressure to increase sales volume. Both will be cautious and vague. Need for new approaches; negotiations will occur at some point. Buyer will try for price discounts, improved payment terms and other concessions. The supplier will try for higher volume to offset concessions made by buyer. Adoption of new paradigms; both partners explore ways to move toward the concept of mutual benefit. Both partners must accept that absorbing costs within the partnership give neither an advantage. Awareness of potential; both partners become fully aware of the possible benefits that can be realized from the partnership. They realize by working together they can exceed any short term advantages. Adoption of new values; both partner adopt the new values contained in the buyer-supplier partnership. Both finally believe that the more information they share, the better they can help each other. Mature partnering; finally the partnership is solidified. There’s a level of trust and cooperation and communication between the partners.…
Products and services are selected for cost, requirements, overall quality, stability of the supplier, time-to-market and traditional partnerships. The purchase approval process often involves more than one criteria and one opinion and requires the establishment of a broad-based team to manage the process.…
The tremendous growth experienced in Nigerian tertiary institutions in the last two decade without a corresponding increase in bed space had resulted in acute shortage of rooms in the hostel thereby overstretching the capacity of the existing structures they were originally meant for.…
PARKnSHOP is basically one of the two largest supermarket chains in Hong Kong. This project report aims to find out “Why is a winning business”, review the business strategies, state the opportunities and problems through the internal and external analysis, and recommend future strategies for improvement.…
Many companies enter into long-term contracts, build relationships that enable buyers and sellers to plan jointly and work to secure the future for both companies. The strategic importance of many purchases is too great for companies to…