A project is an activity or series of activities constrained by time, cost and specifications, aimed at achieving something unique which could be goods, services or both. Whether a project achieves the desired outcome will depend on a number of factors the biggest of them being how the project specification was designed. WHAT ARE PROJECT …
Internal suppliers are suppliers that are part of the same company as its customer. These suppliers provide the products or services that co-workers within the organization need in order to do their job. The internal suppliers are an “in house” suppliers. The choice to use an internal supplier is based on a corporate decision regarding …
Importance of supplier evaluation becomes apparent if you are to ensure that your supply chain is effective. Think of it this way, your organization exists in a supply network in which there exist multiple tiers of suppliers. Wastage, hidden cost drivers or risks not taken care of, in one level of the network will trickle …
Importance of SUPPLIER EVALUATION in business growth Read More »
A stable supply chain is the basic element of every successful business. An effective evaluation of the suppliers brings about a close working relationship with your vendors, which will in return, enhance a streamlined production process, guaranteed quality products and you will minimize or eliminate supply chain hidden costs. Again it just comes down to …
Introduction An organization’s decision to focus on sustainability could be as a result of many factors. It could be because of growing awareness of the negative impact of international supply chain May be growing political, public and activist pressure for greater corporate responsibility and accountability It could also be as a result of the growing …
SUSTAINABILITY DRIVERS AND ENABLERS IN PROCUREMENT? Read More »
Sustainability means ensuring that actions currently taken do not limit or jeopardize plans or quality of life in future. But what has this got to do with procurement? The reality is the question of sustainability in procurement presents itself in various ways such as: Responsible procurement Ethical procurement Or even “Green” procurement Sustainable procurement, …
TYPES OF SPECIFICATIONS WHEN CONTRACTING When you get into a Commercial agreement (contract), you are simply intending that the law enforce whatever it is that you as a party in that contract desire. The success here will obviously depend on how you frame your specifications. But what are specifications? Or even types of specifications when …
Procurement and supply cycle Procurement is all activities required in order to get the product from the supplier to its final destination. It encompasses the purchasing function, incoming inspection, and quality control and assurance, allowing companies to make supplier selection decisions based on total cost of ownership, rather than price. Van Weele (2009) The process …
What has PROCUREMENT got to do with PROFITS? When asked about profits management will often act as though sales are the only solution. Don’t get me wrong sales are important but they aren’t the only solution especially not if we try to increase our revenue without understanding the cost of producing such revenue. In the …
CIPS LEVEL 2 CERTIFICATE IN PROCUREMENT AND SUPPLY OPERATIONS SYLLABUS CIPS Level 2 Certificate in Procurement and Supply Operations syllabus offers guide to this CIPS entry level intended for those who want to specialize in a specific occupation, occupational area or technical role. Certificate in Procurement and Supply Operations will prepare learners for work by …
cips level 2 certificate in procurement and supply operations syllabus Read More »
