Consider a case of a public entity thinking of procuring construction services for its citizens. The procurement manager is stuck between using a foreign or domestic supplier and making a recommendation for the appropriate procurement method. Q.1 Under what circumstances may the public entity use open domestic bidding? Identify and explain FOUR circumstances.
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Consider a case of a public entity thinking of procuring construction services for its citizens. The procurement manager is stuck between using a foreign or domestic supplier and making a recommendation for the appropriate procurement method.
Q.1
Under what circumstances may the public entity use open domestic bidding? Identify and explain FOUR circumstances.
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- Avion, Inc. Susan Dey and Bill Mifflin, procurement managers at Avion, Inc., sat across from each other and reviewed a troubling performance report concerning a key supplier, Foster Technologies. The report detailed the deteriorating performance of Foster Technologies in the areas of material quality and on-time delivery. At this point, Kevin ODonnell, another procurement manager, entered the room. What parts of the supply chain are most closely involved with the situation in this case? What is the responsibility of each part in order to maintain a smooth flow of material?Avion, Inc. Susan Dey and Bill Mifflin, procurement managers at Avion, Inc., sat across from each other and reviewed a troubling performance report concerning a key supplier, Foster Technologies. The report detailed the deteriorating performance of Foster Technologies in the areas of material quality and on-time delivery. At this point, Kevin ODonnell, another procurement manager, entered the room. Why can changes within a supply chain disrupt the normal flow of goods and services within a supply chain?Avion, Inc. Susan Dey and Bill Mifflin, procurement managers at Avion, Inc., sat across from each other and reviewed a troubling performance report concerning a key supplier, Foster Technologies. The report detailed the deteriorating performance of Foster Technologies in the areas of material quality and on-time delivery. At this point, Kevin ODonnell, another procurement manager, entered the room. Explain the role of performance measurement in managing supply chain activities.
- Explain in detail the following points based on Ethiopian Federal Government Procurement and Property Administration Proc. No. 649/2009 (Definition, process and conditions of application) A) Two-stage Bidding;5. Key terms Select the correct term for each of the following definitions. Definition A tax on an import The ability of a country to produce a good at a lower opportunity cost than another country The ability of a country to produce a good using fewer resources than another country A limit on the quantity of a good that may be imported in a given time period Select the correct acronym for each trade agreement or organization as follows. Description : An organization of 21 Pacific Rim nations subject to a nonbinding agreement to reduce trade barriers between members The regional free trade agreement among the United States, Canada, and Mexico An organization of 27 nations dedicated to removing all trade barriers within Europe Term Trade Agreement or Organization.Consider a case of a public entity thinking of procuring construction services for its citizens. The procurement manager is stuck between using a foreign or domestic supplier and making a recommendation for the appropriate procurement method. Q.1. Other than Open domestic bidding, explain FOUR other procurement methods that can be available for public buyers.
- “A buyer should not only be concerned with negotiating the reduction of price with a potential supplier, other aspiration points and issues that may require negotiations in order to reach satisfactory settlement could relate to product quality, date of delivery, free delivery up to buyer’s end, reduction in packing charges, higher trade discount on bulk purchases, seeking maximum co-operation of the supplier, or even removal of obstacles that could arise in future etc.” That is to say, the fundamental drivers of carrying out negotiations are due to our basic needs, wants, and motivations. As the procurement role evolves from transaction-based into more of strategic partnership with suppliers, negotiation and management skills have become increasingly important. Hence, to have effective negotiation with suppliers, the skills employed by procurement professionals need to be broadened. a) What does the term negotiation generally mean? b) In more specific terms, what does negotiation in…A reservation price is: a) The price the other party offers b) The zone of possible agreements c) A quantification of a negotiator's BATNA d) A difficult targetWhat is the responsability of the importer and exporter in delivery,transportation, and necessary documentation of goods under CIF incoterm and Documentation Collection payment?
- Op5. At what stage will you recommend the introduction of an “ANSI”? Indicate the approval process for an “ANSI” in the procurement processRisk Management in Procurement Assignment 1. Identify critical components of the procurement cycle 2. List ways in which each component could be corrupted 3. Identify possible effects 4. Identify all possible causes 5. Assess the probability (a) of each corrupt practice occurring on a scale of 1 - 5 (1 = Low, 5 = High) 6. Determine the severity of the impact (b) on a scale of 1 - 5 (1 = Low, 5 = High) Risk Assessment 7. Identify the risk factor by multiplying a x b 8. Prioritize the risks 9. Identify corrective/preventive action to minimize the risk of corruption in the procurement cycle4. Which of the following would NOT help a firm to improve its competitive position?A. Developing good relationships with its suppliersB. Gaining sole rights to the extraction of key raw materialsC. Reducing the perceived value of its products while keeping their price atthe previous levelD. Building a strong brand