Develop the new e-procurement process in table 2.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
1. Table 1 illustrates a typical traditional procurement process. This process is for relatively low-value items that do not need authorization by a senior manager. Develop the new e-procurement process in table 2.

Transcribed Image Text:Table 1: Process flow analysis for traditional procurement (normal cycle time 5.5)
Task description
Time
1. Search for goods
1 hour
2. Fill in paper requisition
10 min
3. Send to buyer
1 hour
4. In buyers in tray
112 hour
5. Buyer enter order number
10 min
6. Buyer authorizes order
10 min
7. Buyer print order
10 min
8. Order copies to supplier and goods-in
1 hour
9. Delivery from supplier
1 hour
10. Order copy to accounts
1 hour
11. Three-way invoice match
1 hour
12. Cheque payment
10 min

Transcribed Image Text:Table 2 : Process flow analysis for new e-procurement (normal cycle time 1.5)
Task description
time
1.
2.
3.
4.
5.
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