StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Procurement Management Plan for Laces - Essay Example

Comments (0) Cite this document
Summary
PROCUREMENT MANAGEGEMENT PLAN FOR LACES, STUDDED SOLES AND LEATHER COMPANY LOGO Author’s Name: Name of the University PROCUREMENT MANAGEGEMENT PLAN FOR LACES, STUDDED SOLES AND LEATHER COMPANY LOGO Introduction: The procurement management plan serves as a charter for this shoe company…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.1% of users find it useful
Procurement Management Plan for Laces
Read TextPreview

Extract of sample "Procurement Management Plan for Laces"

Download file to see previous pages It also throws light on the procedure of endorsement of agreement and decision making strategy. Approach: The plan should define plainly the compulsory stages and duties thought the life of the company. The company manager work with the project team, contract, purchasing department and vendors to go through different stages of the plan, and make sure that the plan should be able to guide the company in the effective termination of the project. Definition: The procurement definition identifies clearly the articles to be acquired and states associated circumstances. Procurement deadlines are also clearly defined which is very necessary for the effective accomplishment of the assignment. Thus in the definition articles to be procured should be listed, justification given, conditions stated and any other specification required must also be described. The names of the persons must also be given who can approve the purchase etc. in the absence of the manager. Table I: Shows the articles/services to be procured, rationalization and deadline. Article/Service Rationalization Deadline 1. Laces Required for the shoes and its preparation is very costly 1 October 2011 2. Studded soles Required for the completion of the shoes and its preparation is very time consuming 1 October 2011 3. ...
The articles required in this case are usually procured by firm-fixed price contract. The project team specifies the articles, their amounts, services and deadlines. The purchasing department calls bids from different vendors according to the specifications and deadlines. It also bargains the price of the articles with the selected vendor according to the firm-fixed price. Contract accomplishment procedure: The contract execution procedure varies greatly among different companies but it is very important to specify all the rules for finalizing a contract relating to procurement with the company. The authorities which will be involved in decision making should also be mentioned. First of all it is decided that which articles are to be procured. It can be done through a survey of the cost analysis of the required articles provided internally compared with that procured from different vendors. After making decisions about the items to be procured based on the cost analysis, the purchasing department will call for bids from different vendors. Different vendors will send proposals which will be reviewed to see which proposal is according to the criteria set out by the project team and purchasing department and offers lowest price. It is also decided that up to what amount the project manager can approve the purchase and the purchases greater than that amount will require the approval of The Contract Review Board. This Contract Review Board usually consists of agents of the project team, purchasing department, finance and project manager office. Decision making criteria: The standard which is used by the contract review board/project manager for the selection and award of contracts differs from company to company. However, following criteria ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Procurement Management Plan for Laces Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Retrieved from https://studentshare.org/law/1427320-assignment-of-law
(Procurement Management Plan for Laces Essay Example | Topics and Well Written Essays - 1000 Words)
https://studentshare.org/law/1427320-assignment-of-law.
“Procurement Management Plan for Laces Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/law/1427320-assignment-of-law.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Procurement Management Plan for Laces

Global Challenges for Business Management and Leadership

This section aims at understanding the challenges faced by the United Nations due to political conflicts. In the summer of 2007, an issue in the Politically Speaking, the DPA had highlighted the increased focus on the conflict meditation. This report had also highlighted the interview with the Under-Secretary-General for political affairs. In the interview, he defended the UN against all the criticism and he also highlighted the need for finding political solutions for issues around the world. The interview also highlighted the importance of results to show the effective working of the UN. This interview also highlighted and urged critics to look at the positive along with the negatives of the UN. “The UN has knowledgeable a...
7 Pages(1750 words)Research Proposal

Evandale's Business Plan

Evandale’s mission would have a strong impact on the company’s later brand development.
When a company determines its mission and its vision, it needed to determine its objectives to accomplish that vision. I did not see the objectives—where the company was heading through in the presentation. A clear objective would have enabled me, as an audience to also picture where the company would want to go and would serve as the benchmark for me to assess the later strategic choices the company would state in the presentation.
According to the slides, the potential demand for caviar and the sturgeon products are “100x” bigger than the current supply. I would have wanted to see a reliable source for...
7 Pages(1750 words)Case Study

Customer Relationship Management

 Consumers started looking for variety and lower prices. Through the use of technology, such customer tradeoff against variety and prices is not necessary. The US life insurance industry is large, mature and dominated by a number of large companies and this industry has been one of the early adopters of computer technology (Subramanian & Chatterjee, 2007). The advent of the CRM systems changed the landscape of the insurance industry.

The health insurance organizations use CRM to prepare health proposals and process applications in a much faster and accurate way. The organizations are better able to understand the needs and habits of the customer and provide more efficient service. Companies are able to integrat...
9 Pages(2250 words)Case Study

Diversity Management in Organisations

... that all workers enjoys the equivalent chances of development and authority within the place of work and not merely to those workers who adds their input to multiplicity, is compulsory for the effectual managing of diversity in organization. Integrating the contemporary organizational ethnicity while planning a “diversity management program” may perhaps be one way for recuperating discernments of multiplicity management by all workers and attaining the most optimistic result for place of work diversity. (SIAS, Patricia M., 2008) 3.2 Impact of Organizational Ethnicity on diversity It is must for a HR manager to be aware of the fact that proponents of office diversity have endlessly endured the positive advantages of assemblage assortment...
6 Pages(1500 words)Case Study

Active Directory - Security, User, and Resource Management

Administrators make use of group policies to launch principles for desktop predilections and software. For many corporate information technology groups, concurrence with group policies to identify what software should be presented to each category of user, even without human intervention installing it on demand from a corporate server (Silberschatz, Galvin, & Gagine 2002. P. 838). The capability of the AD was introduced in the year 1999, its initial release was with the MS Windows 2000 Server Ed., additionally personalized to spread out functionality, security parameters and build up administration in MS Win Server 2003. The most recent better facilities and efficient edition of the AD are introduced in the Windows Server 2008...
6 Pages(1500 words)Report

The Management, Leadership and Teamwork Competencies Required by a Small Business Owner

On the other hand organizational leadership is defined as the ability based on the specific skill of an individual to lead his/her subordinates in a manner that pre-planned organizational goals could be achieved within the defined time-frame.

According to Burns (1978) and Bass (1985), transformational leadership has a set of category constructs such as values, morals, farsightedness, long term goals, principles, acute awareness about the dividing line between causes and symptoms, mission statements, strategic perspectives, and human resources. Similarly, they identify a set of category constructs in the transactional leadership also. For instance concentration on the task at hand, short term goals and tactics, confusion co...
6 Pages(1500 words)Coursework

Information Security Management

Security is a group of activities that include the policies, measures, and actions which are utilized to stop unlawful access or alteration, theft, and physical damage to information or computer. Security can be supported by an assortment of techniques and tools to safeguard computer hardware, software communications networks, and data (Laudon & Laudon, 1999, p. 502). In the modern age of information technology, there are many threats happened for organizational information. We need a security model that has the ability to manage and secure our information reserves. Technical administrative safety /security measures like security plans, actions and techniques are the main practices for the organizational information security m...
10 Pages(2500 words)Research Paper

Business Plan Real Estate Agency

re representing our company as their business consultants and our responsibilities are limited to the knowledge of the client’s business and information provided by the client.
The company Of-Fit has been operating as office supplies and equipment supplier since 1998. Their corporate office is in Aberdeen and it has excellent industry relations. The company is a sole proprietorship and its owner is Mr. Andrew Schwatz who has been working in the industry for more than 20 years. The company current staff is 8 and its revenues are £115,690 and £156,178 in 2008. The company aims to expand its operations in other business areas and regions of the UK.
The detailed business plan developed for this report incor...
12 Pages(3000 words)Business Plan

Self Assessment: Conflict Management Style

...Please indicate Self Assessment: Conflict Management Style The assessment on conflict management that I took suggests that I am the type of person who tends to cooperate and work with people to achieve a desirable outcome. It suggests that when I am faced with a conflicting situation, although I listen and consider other viewpoints included in the discussion, I carefully evaluate and analyse every detail in accordance to my own. It depicts that I welcome other ideas or arguments but not easily swayed by them for I tend to make my point be heard and accepted as well, creating a really interesting discussion that in turn promotes a win-win situation. Furthermore, the assessment also indicated that second to collaborating attitude, I also...
7 Pages(1750 words)Essay

Management Theory and Practice in the Early Childhood Education Industry

...Management Theory and Practice in the early childhood education industry This Report applies management theory into practice in the early childhood industry, especially in the context of women leaders. Management issues play a significant role in the academic sector, because early childhood professionals need higher levels of motivation in order to avoid burnout . As pointed out in a study by Osgood and Halsall (2007) where they carried out research to examine the position of women in leadership or management positions, a “glass ceiling” exists for women in the academic setting, which could significantly impair motivation. Since many of the individuals employed in the early education sector are women, addressing this issue is even more...
6 Pages(1500 words)Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Procurement Management Plan for Laces for FREE!

Contact Us