Nobody downloaded yet

Procurement management - Assignment Example

Comments (0) Cite this document
Summary
Project scope: To procure new software solution to capture the data readings from the textile industry’s emissions systems and consolidate them into government…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.4% of users find it useful
Procurement management
Read TextPreview

Extract of sample "Procurement management"

Download file to see previous pages The sellers that should not be part of procurement are the local IT Company and the small IT Company since they have limited local capacity without the required job experience.
This category of procurement is also referred to as strategic procurement. Major complexity procurement includes essential goods that are needed so as to achieve key needs and objectives of the project’s schedule, cost, quality and technical. The characteristics of major complexity procurement are:
This procurement will apply to buying machines to help in milking 10 cows, collecting eggs from 50 chickens, picking 10 varieties of vegetables, delivering the goods to the local wholesale market 2 miles away. This procurement will also apply to buying machines for plowing fields, planting seeds and harvesting hay.
This category of procurement involves purchase of commercially available off-the-shelf items or routine services. Costs of routine procurement are usually low. This type of procurement will apply to incurring cost to hire people to attend to the animals, maintain his 4 work vehicles, maintain 4 general carpentry buildings and pick up general materials he needs around the farm like gasoline, office supplies, feed and building materials (Bower, 2003).
This farmer could solicit responses from sellers or suppliers for his needs using internet solicitations. The farmer can create a database for all approved suppliers for his needs. The farmer can then create a proposal for request with well defined requirements that has been recommended by experts. The farmer can then send the Request for Proposal to sellers and review the suppliers response based on supply management, technical and executive management.
This phase is the first phase, also referred to as planning phase. It encompasses activities that are related to definition of requirement along with planning of preliminary procurement and issuance of bid solicitation. The impact of proper procurement ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Procurement management Assignment Example | Topics and Well Written Essays - 1500 words”, n.d.)
Retrieved from https://studentshare.org/management/1600624-procurement-management
(Procurement Management Assignment Example | Topics and Well Written Essays - 1500 Words)
https://studentshare.org/management/1600624-procurement-management.
“Procurement Management Assignment Example | Topics and Well Written Essays - 1500 Words”, n.d. https://studentshare.org/management/1600624-procurement-management.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Procurement management

Procurement Management Plan

...?Introduction Procurement management plan is designed to define the process and requirements for the project. This plan will unite the scope of the project with the risks associated with procurement. The plan will elaborate the process from procurement planning to procurement closure. This plan has the following outlay. Items to be procured, Expected Cost, Budget and Schedule Procurement Team Hierarchy Contract Type Vendor Selection Contract Closure Items to be procured, Expected Cost, Budget and Schedule After finalizing the make or buy decision, the following products have been finalized for...
4 Pages(1000 words)Research Paper

Official Development Assistance and Underdevelopment

8 Pages(2000 words)Research Paper

Higher Education Curriculum and Program Planning(Future Directions Question )

4 Pages(1000 words)Research Paper

Contract management and Procurement management

...of the whole project management and project life cycle in more details as compared to other components of the project. It is therefore of great importance that the project managers must find a perfect fit between the different components of the overall project. Contract Management and Procurement management are two most important concepts of project management where project managers tend to interact with external players such as vendors, suppliers as well as regulatory authorities. The management of contract and procurement processes therefore needs special skills to fit them properly...
4 Pages(1000 words)Essay

Project Procurement Management

...Project Procurement Management Background information and objectives TopLiance Corporation sells home appliances. They have over 50 sales agents across multiple states. They have decided to implement an online sales program, which is Internet based and is expected to increase the sales volume and enhance the profit margin. As a person leading the project team, my objective is to generate the project charter, schedule and rough cost estimate. The Project Charter The project initiation phase consists of defining the Project Charter. The Project Charter is "A document issued by senior management that formally authorizes the existence of a project. And it appoints and provides the project...
3 Pages(750 words)Essay

Project Procurement Management

...The project manager, Gus, made some mistakes, which would have been avoided if he had taken careful consideration in monitoring the software development by Bob. For instance, Gus personally developed the in-house database and he is fully aware of the application, which is compatible with the required software, Windows XP and not Windows 7. A critical analysis of the case study shows that the incompatibility of the OCR software with the database is not Bob’s fault. Project Procurement Management principles posit to the effect that the buyer of materials or resources required for the execution of a particular project should clearly outline his or her requirements in order to ensure that...
1 Pages(250 words)Essay

Procurement management

...Procurement Management Introduction In generation and review shepherding of projects to the desired conclusion,a number of inputs and processes are required. Such is the careful design of the processes and the activities to be undertaken to achieve success in procurement of the materials. The paper looks at the processes followed to review the requirements, and the specifications for procurement, as well what I would gather as part of the procurement specification. Major steps involved in the review of the requirements are outlined below. Planning for the procurement- in this very critical process, there is a need to establish if the procurement is necessary or required in the first place. Other concerns in this step include... the...
2 Pages(500 words)Assignment

Supply Relationships in Procurement Management

... Supply Relationships in Procurement Management Introduction Essentially, procurement management involves the process of sourcing the required goods or services from independent external suppliers. Basic steps of an ideal procurement process include explicit determination of products or services to purchase, identification of suitable external suppliers, establishment of purchase and delivery agreements with the suppliers, reception of goods or services from suppliers, review as to whether supplied goods or services meet expected standards, and finally approval or disapproval of the suppliers’ delivery based on standards reviewed. In practical...
12 Pages(3000 words)Essay

Contract and procurement management

...to participate in electronic auction process (Purchasing.upenn.edu, 2005). Reverse e-auction is a tricky process and following critical success factors should be kept in mind while implementing reverse e-auction process. It can be more troublesome in our case where the client is impatient for savings and all existing contracts (Scribd.com, 2015). . The main reasons for unsuccessful e-auctions are: specifications of products and services are ambiguous; participating persons are not provided proper training; internet connectivity issue during some event can be damaging; supplier errors and inappropriate bidding can fail reverse e-auctions (Infosys.com, 2014). Time deadlines are very important in procurement process. A...
8 Pages(2000 words)Case Study

INF336: Project Procurement Management Wk1

...Project Procurement Management Risk management Risk management is a very essential aspect in project management. Just like other project decisions, the supply chain decisions also have great risks involved. In as much as the supply chains to an extent increase the efficiency very recent occasions of tsunami and unexpected earthquakes have clearly showed the extent to which the consequences of such risks could move. For instance, there have been severely influenced worldwide electronics production and mass disruptions on business such as automotive industries due to risks such as floods, earthquakes and ash clouds. An example of such risks that affected...
2 Pages(500 words)Assignment
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 Assignment on topic Procurement management for FREE!

Contact Us