Role of Procurement within an Organization: Procurement : A Tutorial 1 Published on: Jan‚ 26‚ 2011 by: Robert Handfield‚ PhD Role of Procurement within an Organization Overview Key Procurement Objectives: OBJECTIVE 1 – Support Operational Requirements OBJECTIVE 2 – Manage the Procurement Process and the Supply Base Efficiently and Effectively OBJECTIVE 3 – Develop Strong Relationships with Other Functional Groups OBJECTIVE 4 – Develop Integrated Purchasing Strategies That Support
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1. E procurement A bird’s eye view 1.1 Introduction E-procurement is the business-to-business purchase and sale of supplies and services over the Internet. An important part of many B2B sites‚ e-procurement is also sometimes referred to by other terms‚ such as supplier exchange. Typically‚ e-procurement Web sites allow qualified and registered users to look for buyers or sellers of goods and services. Depending on the approach‚ buyers or sellers may specify prices or invite bids. Transactions
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Qn. Select procurement/ supply chain management function (department/unit) of any company/ organization you are familiar with. In the selected context‚ answer the following: a) What are the major objectives of the department/ unit in focus? Do you find these objectives aligned to organization’s strategic goals? Why or why not? b) Critically examine the organizational positioning of the department in terms of structure and power/ authority to influence strategic decision making c) Suggest any five
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WHIRLPOOL CORPORATION: INTERNAL AND EXTERNAL ANALYSIS MGT-475 ALEXANDER S. CORRENTE I HAVE NEITHER GIVEN OR RECEIVED NOR HAVE I TOLERATED OTHERS USE OF UNAURTHOIZRED AID. TABLE OF CONTENTS Who/What is Whirlpool 3 Analysis of Whirlpool 4 PESTEL Framework 4 The SCP Model 9 The Five Forces Model 10 The Resource Based View 13 The VRIO Framework 14 Conclusion 16 Bibliography
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Whirlpool Europe Case Case one involved Whirlpool Corporation‚ which is the worldwide leader in the home appliance industry. The company joined the European market in 1989‚ and grew in market share over the next ten years. In 1999‚ the vice president of logistics and the chief financial officer thought about investing in an enterprise resource planning system. This system was known as Project Atlantic. The purpose of this new system was to re-organize the information flow of the entire company
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Honors Global Studies The early city-states of Athens and Sparta both were powerful in early Grease. Although they were close geographically‚ the way their civilizations functioned could not be more different. Although both city-states have advantages and disadvantages‚ I would much rather be raised in Athens. I would prefer Athens over Sparta because it is a democracy andThe early city-states of Athens and Sparta both were powerful in early Grease. Although they were close geographically‚ the
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Ethics in Public Procurement 1. Introduction The purpose of this note is to provi de informat ion to assist public sector buy ers to conduct purchasing in a way that satisfies probit y and accountabilit y requirements and to offer a fr amework wit hin which con tracting authorities may wish to draw up more detailed int ernal procurement procedures relevant to their own activit ies. These guidelines do not purport to be a legal interpretation of th e relevant legislat
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E-PROCUREMENT MATERIALS MANAGEMENT DEPARTMENT SOUTHERN RAILWAY NOTICE TO VENDORS ON e-PROCUREMENT Southern Railway has successfully rolled out e-procurement system and all advertised tenders of Materials Management department have already been uploaded in the web site www.ireps.gov.in which can be accessed under the link www.ireps.gov.in→SR→COS In order to participate in e-tenders‚ it is essential that you register in the website using the link www.ireps.gov.in→New Vendors. Please note that
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A Report On: Procurement Executive Summary: Procurement is important to identify‚ discover and interpret factors affecting acquiring goods and services. This report researches in detail factors affecting procurement within a larger sized business. As Wagamama is a fast‚ casual dining restaurant‚ there are three main criteria affecting procurement: “speed‚ quality and value for money”. It is important to ensure that customers’ expectations are being met to ensure best possible sales. This
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study highlights Whirlpool Corporation - Europe plans to evaluate project Atlantic‚ with emphasis on capital budgeting. Project Atlantic is an investment in an enterprise resource planning (ERP) system that would streamline business processes across all European regions and reorganize the information flow throughout the company. The objective of the case is to determine whether or not Whirlpool Corporation should adopt a planned ERP project in Europe – project Atlantic. Whirlpool & Project Atlantic
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