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problem 1:

(a) Make a distinction between Reactive and Proactive purchasing.

(b) Procurement should be considered as a cyclical process guided by certain principles. Determine the procurement cycle.

problem 2:

Good procurement systems can definitely save companies money, as well as provide a number of other benefits. Discuss and illustrate out the significance of an effective procurement system.

problem 3:

Analyze the growth in the strategic role of purchasing and supply.

problem 4:

What is just-in-time (JIT) purchasing? Illustrate out some potential benefits and possible disadvantages of JIT.

problem 5:

Conceptualise effective Negotiation. Make a distinction between adversarial and partnership negotiation.

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M97889

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