MINECORP VEHICLE SOLUTIONS PTY LTD PRONTO PROCEDURES End of Month Procedures Goods Received Not Invoiced (GRNI) Reconciliation The objective of this write up is to highlight the importance of monthly review and reconciliation on GRNI. Some common problems and solutions will be discussed here. GRNI- Definition GRNI is an acronym for Goods Received Not Invoiced. A GRNI reconciliation or report has details that support the GL balance in the accounts that represents those receipts of materials
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I N D I V I D U A L W O R K Report on an interview Subject: Consumer Behaviour Professor: Melika Husić-Mehmedović‚ PhD Objectives of the study: ➢ why the respondent likes or dislikes particular product? ➢ which are his/her motives? ➢ how he/she perceives people who (not) use the product/service? ➢ what in his/her personality is reflected through that product? ➢ how family‚ culture‚ social class‚ age‚ gender‚ previous experience
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Apollo Accounting and Control Systems: Purchasing and Expenditure Cycle The employee prepares a purchase requisition and has a supervisor approve it. The supervisor retains Copy 2 of the pre-numbered purchase requisition for the department‚ sends Copy 1 to the Purchasing Department and Copy 3 to Accounts Payable. When the Purchase Department receives the purchase requisition‚ they search the approved vendor list and consult the listed prices for the goods desired for each vendor. Once a vendor
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A Problem with Price A Problem of Price This vignette is characteristic of what happens when buyers are asleep at the wheel. Sue Jones is a newly promoted buyer that is paying close attention to details of her new job. Sue finds that the companies that have bided in this process are all within about $50 of one another. The strange thing about thus is not the fact that the bids are so close but that the winning bid is not low enough. How does she get her cost down even lower? Sue should focus
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Executive Summary XXX China is seeking competitive proposals from consulting firms specializing in Hotel Program in China. We see a major opportunity to enhance the value of our Hotel Program by selecting one partner to execute our 2014 China Hotel RFP. XXX China (including Legacy XXX‚ XXX and XXX) is seeking support beginning in September 2013 and lasting until the end of December 2013. The right suppliers must demonstrate capabilities in providing comprehensive support to XXX on hotel strategy
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ORGANIZATION STRUCTURE OF NEW HOTEL INTRODUCTION This operations manual is made for the work process and culture of Zafike Royal Hotel‚ Eyean. The aim and objective of the document are to streamline how the hotel’s processing of its activities are to be carried out and their control and it is without any prejudice to any other known work culture but designed to meet the particular circumstances of Zafike Royal Hotel.
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EMKO Earthmovers Introduction/Summary Temko Earthmovers is a company that purchases short-block castings. These castings are used to build there R-208 tractor engines. The short-block castings are the major component for building these engines and are responsible for thirteen percent of the purchase price. Temko Earthmovers is currently experiencing Quality issues with their current supplier regarding these castings. Approximately 10 out of 100 units are being repaired and 40 percent of the
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Jones Tools Jones Tools‚ located in Montreal‚ produces precision equipment which it sells to all the aircraft producers in Canada‚ the United States and Mexico. Included in the components it purchases are small precision forgings‚ weighing anywhere from 2 pounds to 30 pounds. Jones’s annual purchase is 7‚000 of these forgings. The primary supplier of these precision forgings is Smith Metals Canada Limited‚ located in Vancouver. Smith Metals is known for their reputation of very high quality
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Answer 1. Strategic sourcing is the major tools and technology in supply chain management and it delivers cost reductions and other offers and advantages. It will make strategic sourcing different from a traditional sourcing. This sounds the most strategic supplier relationship that is based on cost and there is an ability to create new business with technological advances. In the past‚ the organization was usually focused on tactical functions such as processing of purchase orders‚ checking the
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_IN T E R O F F IC E M E M O R A N D UM TO: DR. MICHAEL PREIS – VICE PRESIDENT OF HUTCH CORPORATIONS FROM: MAXIMILIAN PAHN – SENIOR CONSULTANT SUBJECT: EXECUTIVE SUMMARY DATE: 02/10/2013 Executive Summary: 1) Since Hutch Corporations is targeting the lower-middle‚ middle-income range and no specific ethnic group‚ the two possible locations Dalton and Hinesville seem to be the good match for a new store according to Exhibit 2. Hutch´s target market of women between the
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