Procurement and Supply in Practice
Last Update May 3, 2024
Total Questions : 192
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Describe five types of contract terms that a procurement professional should create with a supplier when forming an agreement.
Think of a supply chain with which you are familiar and distinguish between the primary, second-ary and tertiary sector organization within it.
Looking at stage 8 of the procurement and supply cycle, what does TCA mean?
Explain how a lack of understanding of a global supplier’s culture and ethical behavior could cost buying organization money.
Create a list of tangible, intangible, direct and indirect needs within an organization with which you are familiar.
Describe what should be considered when creating damages terms in a contract.
Describe one implied term and one expressed term from a contract with which you are familiar.
What potential costs could an organization face if it fails to conduct Due diligence effectively?
Describe three ways in which a supplier could improve the effect its company has on the environ-ment.
In relation to the case study ‘Walmart and H&M in spotlight regarding human rights in media ex-plain which human rights are not being granted to the workers.
Describe one qualitative and one quantitative measures of social impact for an organization with which you are familiar.
Describe three ways in which a buyer could or test the market in other to assist with determining a need.
Justify which of the five approaches to condition performance monitoring you think is the most cost effective within whole life asset management.
Describe three types of fraud that could occur within the supply chain of an organization with which you are familiar.
Explain the concept of the 3Ps/TBL and how it can be used by an organization.
Write all of factors that contribute towards value for a product that you regularly purchase.