definition of material and procurement management
1. definition of material and procurement management
AnswerMaterials Management, and Procurement, ensures that all of our products are at the right place at the right time.
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2. Does the school procure for printing and/or delivery of learning modules? * Yes No If yes, what is the mode of Procurement
Answer:
yes
procurement generally involves making, buying decision under condition of scarcity
3. procurement of funds
Answer:
The function of procurement of funds starts from estimating the requirement of funds. It involves a lot of forecasting exercises to identify each and every future requirement of the project and find out the sum required for investment in fixed assets and working capital.
4. it is referred to as procurement?
⚛️Your AnswerA:
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E:The commonly acknowledged major steps in the cycle include:
Requesting goods and servicesReceipt of goods or servicesReview and approvalNeeds recognitionReceipt of invoicePurchase orderPay invoiceSourcing#Brainly
5. Why is procurement important
It can save you money. The procurement process will allow you the best chance to find a supplier who most closely matches your needs and requirements, whilst offering the best value for money.
Answer:
Because
Procurement is viewed as a strategic function working to improve the organisation's profitability.
6. what is procurement management ?
Answer:
Procurement is the act of obtaining or purchasing goods or services, typically for business purposes. Procurement is most commonly associated with businesses because companies need to solicit services or purchase goods, usually on a relatively large scale.
Explanation:
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7. what is the purpose of procurement price
Answer:
To ensure that value is created in the process and the total cost of ownership is thought about. On the other hand, purchasing is more basic in nature because it focuses on the cost of the order and how to get the best price.
8. the main benefits of e-procurement
Answer:the main benefits of e-procurement
#1 Reduced Costs. ...
#2 Transparent Spending. ...
#3 Increased Productivity. ...
#4 Eliminating Paperwork. ...
#5 Increased Transaction Speed. ...
#6 Standardized Buying. ...
#7 Reduced Errors.
Explanation:brainliest?
Answer:Top seven benefits to e-procurement process.#1 Reduced Costs. ...#2 Transparent Spending. ...#3 Increased Productivity. ...#4 Eliminating Paperwork. ...#5 Increased Transaction Speed. ...#6 Standardized Buying. ...#7 Reduced Errors.Explanation:HOPE IT'S HELP^_^9. Why should procurement be concerned with fair competition
Explanation:
Because every competition deserve known as well
10. name the procuring parts of computer
Answer:
computer comprises 5 basic parts, namely, a motherboard, a central processing unit, a graphics processing unit, a random access memory, and a hard disk or solid-state drive.
11. How to compute for annual procurement plan?
Answer:
1. Explain the procurement process. ...
2. Identify roles and responsibilities. ...
3. Identify the procurement needs and requirements. ...
4. Define the project timeline. ...
5. Define change approval processes. ...
6. Identify vendor management techniques. ...
7. Define relevant legal jurisdiction.
Explanation:
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12. what is the antonym of procurator
Answer:
THE OPPOSITE FOR IS A DEFENSE ATTORNEY
13. Discuss the function of Philippine Government Procurement
Answer:
GPPB functions
Explanation:
To be the principal body responsible for procurement policy formulation and the implementation and monitoring of effective public procurement reform, thereby promoting and achieving good governance, in general, and transparency, accountability, equity, effectiveness, efficiency and economy in Government, in particular.
14. define the word procurement means
Procurement is the act of obtaining goods or services, typically for business purposes. ... Procurement generally refers to the final act of purchasing but it can also include the procurement process overall which can be critically important for companies leading up to their final purchasing decision.
15. what are the issues in procuring the Covid19 vaccines abroad?
Explanation:
The objective of vaccine procurement is to receive products of assured quality at affordable prices in a timely manner, making it possible to optimize immunization programme performance and reduce mortality and morbidity caused by vaccine preventable diseases. Vaccine procurement describes the process of acquiring vaccines domestically or internationally, using specific procurement procedures and/or mechanisms. The procurement of vaccines is a complex process that requires specialized knowledge to ensure the timely and cost-effective supply of high-quality products.
To conduct an effective procurement process that fulfills the needs of the National Immunization Programme (NIP), countries need to be aware of the vaccine market dynamics, the various procurement mechanisms and stages of the procurement cycle, as well as general best practices of vaccine procurement.
16. what is the organ system responsible for food procurement
Answer:
circulatory system
Explanation:
The circulatory system is responsible for bringing food and oxygen to every cell in your body.
Digestive System I think.Because procurement means “obtaining “something
17. WHAT ARE THE BENEFITS OF EFFECTIVEPROCUREMENT MANAGEMENT?
Answer:
the effective management of procurement will enable an organization to lower costs but procuring supllies,services and contract at the best price.
Answer:
Some benefits are reaped by organizations that adopt procurement management are they can save valuable time, helps organization to run procurement process faster and smoother, large scale savings, quality assurance in each purchase, effective delivery times, management of warranties for each purchase
18. What is major complexity Procurement
Answer:
Complex procurement occurs when the specification is difficult or is an innovative or bespoke product or service. Therefore, procurement becomes higher risk to the organisation given the degree of competition which is often restricted to a limited market.
19. what is the meaning of procurator
Answer:
1 : one that manages another's affairs : agent. 2 : an officer of the Roman empire entrusted with management of the financial affairs of a province and often having administrative powers as agent of the emperor.Explanation:
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Answer:
LAWan agent representing others in a court of law in countries retaining Roman civil law.
HISTORICALa treasury officer in a province of the Roman Empire.
20. procurement governance
Answer:
In procurement, governance refers to the overall procedural arrangements and systems established to ensure that the adopted procurement processes allow appropriate levels of control and probity.
Answer:
In procurement, governance refers to the overall procedural arrangements and systems established to ensure that the adopted procurement processes allow appropriate levels of control and probity.
21. What is Procurement/Purchasing and Selling of Items?
Answ Procurement deals with the sourcing of activities, negotiation, and strategic selection of goods and services that are usually of importance to an organization. Purchasing, however, explains the process of ordering goods and services.
Explanation:
22. what is the synonym of procurator
Answer:
pleader. attorney-at-law. legal adviser. legal eagle.
23. example of sourcing and procurement issues in supply chain
Answer:
In many cases the use of single sourcing, or sole sourcing, Procurement strategies has limited the ability for Supply Chains to access alternate sources of supply and more rapidly support higher than normal demand levels.
24. it is the process of framing financial policies in relations to procurement?
Definition of Financial Planning
Financial Planning is the process of estimating the capital required and determining it's competition. It is the process of framing financial policies in relation to procurement, investment and administration of funds of an enterprise.
25. what are the 3 procurement to remember in buying ingredients?
Answer:
- Which goods you want to buy
- The quantity of those goods
- An agreed price
Explanation:
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26. explain is procurement management
ANSWER:
PROCUREMENT MANAGEMENT is also referred to as THE SOURCE-TO-SETTLE PROCESS. It encompasses the evaluation, selection, and creation of formal contractual agreements as well as managing the company's ongoing supplier relationships. Procurement is a complex discipline spanning many interrelated activities.
EFFICIENT: Simplified processes ensure greater productivity.
EASY TO USE: Consumer-like user experience ensures adoption.
CONNECTED: Seamlessly collaborate with internal teams and your suppliers.
correct me if I'm wrong.
27. how the procurement work in your business?
Answer:
Procurement involves every activity involved in obtaining the goods and services a company needs to support its daily operations, including sourcing, negotiating terms, purchasing items, receiving and inspecting goods as necessary and keeping records of all the steps in the process.
28. In your own words. what is procurement ?
Answer:
Procurement is the act of obtaining goods or services, typically for business purposes. Procurement generally refers to the final act of purchasing but it can also include the procurement process overall which can be critically important for companies leading up to their final purchasing decision.
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29. what is procurement cards
Answer:
A procurement card can be either a corporate debit card, which deducts cash directly from a company's bank account, or a credit card. It is primarily used for lower-priced purchases. Under this system, the bank managing the procurement card program will bill the payer on a monthly basis for all charges made during the month, while remitting funds to the payee within a few days of each charge. If the payer pays the monthly bill late, then the bank charges interest on the open balance.
Answer:
What is a procurement card?
A procurement card is a type of company charge card used for smaller purchases to achieve greater cost efficiency, control and convenience. Procurement cards are also known as purchasing cards, P-Cards or PCards. Procurement cards can be tied to either a credit card or a bank account.
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Explanation:
30. describe the different elements of an e-procurement system
Answer:
This includes requisition and order management, real-time tracking and receiving, online order fulfilment, automatic billing, invoicing and payment, as well as workflow management, commerce transactions, and reporting and analysis tools.
Explanation:
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