(a) Illustrate out the objectives of Procurement Development Model.
(b) Illustrate out one Procurement Development Model you are familiar with as a tool used for assessing the contribution of the procurement function in an organisation.
(c) “In certain organisations procurement has become a strategic proactive process that contributes as much as-or more than other business functions to profitability, corporate growth and competitive advantage.” Describe the characteristics of procurement function in these organisations.
(a) Illustrate out Life Cycle Costing? describe briefly the methodology for Life Cycle Costing.
(b) What are the criteria to consider when a procurement officer is faced with decision of procuring employed equipment instead of a new one?
(a) Illustrate out Service Level Agreement and enumerate the elements in Service Level Agreement.
(b) Describe and discuss the processes involved in establishing and implementing a Service Level Agreement.
“Principled Negotiation Strategy rather than Positional Bargaining is key to conflict resolution in purchasing negotiation.” Discuss and describe.