Sudan International University Faculty of Management Sciences Master of Business Administration MBA Batch 10 Group A‚ B‚ and C Mid-Semester Examinations – Subject: Procurement Management Date: 29/09/2014 Time: 3 hours (Answer all questions from Section A and B): Section A Select the best answer (15 points) 1. All firms must have a purchasing department; otherwise the purchasing function cannot be performed. a. True b. False 2. Purchasing is the managerial activity that goes beyond the simple
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Confer and transect Capitals spend purchases. Issuing purchase orders. Job qualifications include necessary University education requiring College degrees related to Buisness or Supply Chain. Previous experience averaging from 3-5 years in procurement or supply chain and experience in creating suppy strategy and negotiation national and local contracts. On the job training. In 2010 Contract buyers Income salary averaged at a $58‚360 per year $28.06 per hour and providing 487‚200 jobs.
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overburden buyers with trivial purchases that may prevent them from focusing on crucial purchases. Purchasing can more effectively deal with this problem by: • Having a system in place to handle Small Value Purchases • Using an E-Procurement System (Makes buyers less likely to be overburdened by Small Value Purchases) 2. Centralized Purchasing – Purchasing decisions are made by a single Purchasing department (usually at the corporate office). Decisions include: Order Quantity
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Quality ZARA become expanding too fast in international market‚ but doing so company needs to increase the capacity of production‚ they started employ original equipment manufacturer(OEM). This leaded to low quality due of using lower qualification by OEM. For example in China they want to have biggest market share as foreign cloth maker with low cost‚ attracting colleague students and young people; but their product were failed frequently in the quality test made by government ‚ out of 57 product
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Participants in the Business Buying Process Who does the buying of the trillions of dollars’ worth of goods and services needed by the business organizations? Purchasing agents are influential in straight -re-buy and modified re situations‚ whereas other department personnel are more influential in the new-buy situations. Engineering personnel usually have a major influence in selecting the product components‚ and purchasing agents dominate in selecting suppliers. Webster and Wind call the decision
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the Fashion World Upside Down 13 December 2007 Introduction ZARA is the flagship chain store for the Spanish Inditex Group owned by Spanish tycoon Amancio Ortega‚ who also owns brands such as Massimo Dutti‚ Pull and Bear‚ Stradivarius and Bershka. Today‚ Inditex is probably the world ’s fastest growing clothing retailer with over 3‚100 stores around the world in over 70 countries (more than four times the 2000 figure) the Zara format taking around 1‚000 of those stores. In March 2006‚ the
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REQUEST FOR PROPOSAL BASEBALL PRACTICE FIELD DESIGN AND CONSTRUCTION HURRICANES’ BASEBALL TEAM logistic@hurricanes.com (832) 403-5698 PM598 – Contract and Procurement Management TABLE OF CONTENTS | 1. INSTRUCTION TO BIDDERS | 4 | | 1.1 General Description of Work | 4 | | 1.2 What Must Included in the Bid | 4 | | 1.3 Schedule of Bid period Activities | 5 | | 1.4 Location of the Work | 6 | | 1.5 Pre-Bid Meeting | 7 | | 1.6 Owner Contact for Question | 7 | | 1
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Spanish retailer‚ Zara‚ has crafted a sweet success story riding on its image as a low-cost‚ high fashion store. Nirmalya Kumar and Sophie Linguri take to the High Street to look at Zara’s route from rags to riches. I n 1975‚ the first Zara store was opened in La Coruña‚ in Northwest Spain. By 2005‚ Zara’s 723 stores had a selling area of 811‚100 square metres in 56 countries. With sales of e3.8 billion in the financial year 2004‚ Zara had become Spain’s best-known fashion brand and the flagship
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customer perceptions and attitudes; especially in a services marketing environment‚ more specifically airlines (Boshoff‚ 1997). A loss or gain of 70% is significant. A Blueprint for Success A key component of efficient processing is electronic procurement technology‚ which promotes resourceful utilization of services (Boshoff‚ 1997). Furthermore‚ technology has proven to create more value for the customer by being more accessible‚ efficient‚ faster and affordable. How? Service design has been
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firm (RBV) (Barney‚ 1986‚ 1991)‚ critically evaluate the competitiveness of Zara within the Australian retail industry. The resource based view revolves around the notion of a firms tangible and intangible resources and capabilities allowing the firm to sustain a competitive advantage amongst its competitors. Zara being one of the biggest multinational fashion retailers of our time possesses many resources that enable Zara to maintain a competitive edge. Zara’s most noteworthy tangible resources
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