problem 1:

(a) Illustrate out the objectives and goals of Procurement Development Model.

(b) Illustrate out one Procurement Development Model you are familiar with.

(c)  “In certain organisations procurement has become a strategic proactive procedure which contributes as much as-or more than other business functions to profitability, corporate growth and competitive advantage.” List all the characteristics of procurement function in these organisations.

problem 2:

(a) What do you understand by the term Life Cycle Costing?

(b) Illustrate out briefly the methodology for Life Cycle Costing.

(c) Why might a procurement officer consider procuring employed equipment instead of a new one?

problem 3:

(a) Illustrate out the elements of Service Level Agreement.

(b) Illustrate out the processes which is involved in establishing a Service Level Agreement.

problem 4:

“Focusing on interests rather than positions is key to conflict resolution in purchasing negotiation.” Discuss in relation to principled negotiation positional and strategy bargaining?