Nur Syariz Bin Rizal | DPM5A
Nurfariza Hanim Binti Zulkefli | DPM5A
Wan Nur Arina Binti Wan Zubaidi | DPM5A
Nur Hamira Binti Hamdan | DPM5A
Muhammad Ariff Bin Zamri | DPM5A
Procurement can be define as is the acquisition of goods or services in supply chain management. It is the goods or services that are very favourable and appropriate. Besides, they are procured at the best cost to meet the needs of the purchaser in terms of quality and quantity, time, and location that specified. The factors of purchasing are delivery and handling, benefit, and pricing and buying decisions under conditions of scarcity limited resources. Procurement can be simple purchasing arrangement with a supplier that may also…
journals addressed procurement skills. However from the study of (Kolchin and Giunipero, 1993), an in-depth case study on 131 samples (N=131) on supply chain management executives was conducted to identify the skills that were deemed ‘essential’ for procurement professionals. This list consisted of skills that were divided into the four categories: (1)Technical skills; (2)Management Skills; (3)Interpersonal/group skill and (4)Individual skill
However, the two highly ranked most important skills…
players related to the project sit in a room and come up with as many risks to the project as they can within a set period of time. The participants of the brainstorming session are asked to keep the risks reasonable, but all risks are welcome and no one will be judgmental during the process. The interview technique involves discussing the project and related risks with the stakeholders related to the project. The interviews can be conducted by the project manager or designated project team…
cost-efficient procurement model.
Of the strategies implemented to contain costs, health care administrators have placed significant focus on procurement strategy. Specifically, hospitals have shifted away from a clinical driven to a cost efficiency driven procurement model.
Procurement in a hospital setting is a collaborative effort between the clinicians and hospital administrators. The clinician’s main focus is product performance as it relates to patient care; the administrators have…
Purchasing is the procedure of how products and trips or businesses are requested. Purchasing can generally be showed or represented as the value-based ability to hold or do something of purchase/getting/learning for merchandise or groups of managers.
The Procurement cycle is the cyclical process of key steps when procuring goods or services. This interactive tool has been developed to guide members through the procurement process with links to relevant knowledge to support you every step of the…
One is the Integrated Ballistics Identification System (IBIS). As stated by the National Police Commission (NPC), IBIS is a system wherein all evidences gathered such as bullets, in the actual scenes of firearm-related cases are encoded and recorded in a database. This system is intended for cross-matching of guns; and, for easier future references especially during investigation and court trials as it has a capability to store, compare, and recall even millions of data entries in the database.…
Have you ever wanted a product that you have done no research or reviewed? Yes, everyone is the victim of this type of purchasing because we all go into a store; purchase items that we purchased based on need. When it comes to buying, many consumers look for what’s best for them and not the most cost effective or the quality of the product. This method of purchasing is called “impulse purchasing”. The Consumer Topic today will be on Impulse Purchasing and research on why consumers are desperate…
FORMAL ANALYSIS WORKSHEET - BLANTON MUSEUM VISIT
1) What is the complete title of the artwork?
Self-Portrait with Calavera
2) Who is/are the artist(s) who created the artwork?
3) When was the artwork created?
4) What kind of artwork is it (2D, 3D, sculpture, photograph, painting, print, etc.)?
Self-Portrait with Calavera is a two-dimensional print.
5) What material(s) is it/does it appear to be made of?
The artwork’s label reveals that…
Repeat customers are the goal of every business. Acquiring a new customer can cost up to six times as much as retaining an existing customer. However, the big payoff can come in the amount that repeat customers spend. Recent studies indicate that a second-time buyer spends up to three times as much as a first-time buyer, and customers making three or more purchases spend as much as five times as much as a new customer. When you consider the revenue that loyal shoppers may generate by mentioning…
that is a poor decision every morning when I wake up.
An essential part of this internship is the reports we write to our professor. If I could go back I would approach these assignments with greater caution to make sure I made better grades. After an incident with forgetting to put my name on the report I was left with a bitter taste and remorse for not reviewing it further before turning it in.
The semester is going by at an extremely fast pace. To this point the internship has been a…