The steps in the purchasing process that are done electronically versus on paper. Summary: Company CC is the last remaining private bottler of Company CK. Company CC has come up with many innovations from the day onwards. Company CC is one of the 64 bottlers worldwide with 6,000 employees selling a case of coke for every four seconds. The purchasing process: The purchasing process encompasses all the activities as shown below: Identification of user requirements. Evaluation of the user needs effectively and efficiently. Identification suppliers who are capable to meet the demand. Development of agreement with those suppliers. Development of the ordering mechanism. Ensure that the payment process occurs promptly. Ascertaining that the needs are effectively met and Driving continuous improvement.

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Answer 1

Question

Chapter 2, Problem 1GPE

Summary Introduction

To explain: The steps in the purchasing process that are done electronically versus on paper.

Summary:

Company CC is the last remaining private bottler of Company CK. Company CC has come up with many innovations from the day onwards. Company CC is one of the 64 bottlers worldwide with 6,000 employees selling a case of coke for every four seconds.

The purchasing process:

The purchasing process encompasses all the activities as shown below:

Identification of user requirements.

Evaluation of the user needs effectively and efficiently.

Identification suppliers who are capable to meet the demand.

Development of agreement with those suppliers.

Development of the ordering mechanism.

Ensure that the payment process occurs promptly.

Ascertaining that the needs are effectively met and

Driving continuous improvement.

Expert Solution & Answer

Explanation of Solution

Steps in the purchasing process that are done electronically versus on paper:

Purchase request:

This step needs to identify and understand the needs of the customer. It involves filling out a paper form and going through the required approvals for the authorization process.

An ERP system works on the automatic creation of the documents online and the approval also does not require a long process.

Supplier selection:

The process involves the supplier to purchase the item that is requested. This will also result in a quote process if it is required to be initiated.

Purchase order:

In the manual process, it involves the dispatch to the supplier in the paper copy in situations of a manual process. There is an electronic notification if it is an electronic process.

Fulfillment:

The dispatch of goods to the organization by the supplier is carried out. The lead time will be decided based on the type of processing which is either electronic or paperwork.

Receipt of goods:

This includes letting go of the goods through a receipting process which matches the orders and checks for the correct quality.

Invoice and payment:

The paperwork provides a paper receipt while the electronic process will give an e-receipt.

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Students have asked these similar questions

Assume that you are the Purchasing Manager recently joined to a manufacturing company which consistswith several functional divisions. You are reporting to the Managing Director of the company. The companyhas been implementing a purchasing strategy with less coordination with the other functional groups withinthe company. Moreover, there has been no coordination with its suppliers. As a qualified person with aMBA in supply chain management, you identified that it is required to do changes in many areas, especiallythe integration and collaboration of functional divisions when developing purchasing strategies. Write aone-page memo to the Managing Director outlining the benefits of having regular meetings between theheads of design, marketing, production and yourself when implementing the purchasing strategy. Indicatethe possible advantages of involving suppliers in the preparation of specifications for bought-out items andon developing new products. Describe at least four benefits of…

a) Explain five (5) ways in which electronic systems can be used in the sourcing process.b) Describe five (5) ways in which added value may be created for a buying organization through an effective sourcing process c) With examples, explain the various forms of unethical behavior practiced in the procurement profession.

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

Answer 2

Question

Chapter 2, Problem 1GPE

Summary Introduction

To explain: The steps in the purchasing process that are done electronically versus on paper.

Summary:

Company CC is the last remaining private bottler of Company CK. Company CC has come up with many innovations from the day onwards. Company CC is one of the 64 bottlers worldwide with 6,000 employees selling a case of coke for every four seconds.

The purchasing process:

The purchasing process encompasses all the activities as shown below:

Identification of user requirements.

Evaluation of the user needs effectively and efficiently.

Identification suppliers who are capable to meet the demand.

Development of agreement with those suppliers.

Development of the ordering mechanism.

Ensure that the payment process occurs promptly.

Ascertaining that the needs are effectively met and

Driving continuous improvement.

Expert Solution & Answer

Explanation of Solution

Steps in the purchasing process that are done electronically versus on paper:

Purchase request:

This step needs to identify and understand the needs of the customer. It involves filling out a paper form and going through the required approvals for the authorization process.

An ERP system works on the automatic creation of the documents online and the approval also does not require a long process.

Supplier selection:

The process involves the supplier to purchase the item that is requested. This will also result in a quote process if it is required to be initiated.

Purchase order:

In the manual process, it involves the dispatch to the supplier in the paper copy in situations of a manual process. There is an electronic notification if it is an electronic process.

Fulfillment:

The dispatch of goods to the organization by the supplier is carried out. The lead time will be decided based on the type of processing which is either electronic or paperwork.

Receipt of goods:

This includes letting go of the goods through a receipting process which matches the orders and checks for the correct quality.

Invoice and payment:

The paperwork provides a paper receipt while the electronic process will give an e-receipt.

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Answer 3

Question

Chapter 2, Problem 1GPE

Summary Introduction

To explain: The steps in the purchasing process that are done electronically versus on paper.

Summary:

Company CC is the last remaining private bottler of Company CK. Company CC has come up with many innovations from the day onwards. Company CC is one of the 64 bottlers worldwide with 6,000 employees selling a case of coke for every four seconds.

The purchasing process:

The purchasing process encompasses all the activities as shown below:

Identification of user requirements.

Evaluation of the user needs effectively and efficiently.

Identification suppliers who are capable to meet the demand.

Development of agreement with those suppliers.

Development of the ordering mechanism.

Ensure that the payment process occurs promptly.

Ascertaining that the needs are effectively met and

Driving continuous improvement.

Expert Solution & Answer

Explanation of Solution

Steps in the purchasing process that are done electronically versus on paper:

Purchase request:

This step needs to identify and understand the needs of the customer. It involves filling out a paper form and going through the required approvals for the authorization process.

An ERP system works on the automatic creation of the documents online and the approval also does not require a long process.

Supplier selection:

The process involves the supplier to purchase the item that is requested. This will also result in a quote process if it is required to be initiated.

Purchase order:

In the manual process, it involves the dispatch to the supplier in the paper copy in situations of a manual process. There is an electronic notification if it is an electronic process.

Fulfillment:

The dispatch of goods to the organization by the supplier is carried out. The lead time will be decided based on the type of processing which is either electronic or paperwork.

Receipt of goods:

This includes letting go of the goods through a receipting process which matches the orders and checks for the correct quality.

Invoice and payment:

The paperwork provides a paper receipt while the electronic process will give an e-receipt.

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Answer 4

Question

Chapter 2, Problem 1GPE

Summary Introduction

To explain: The steps in the purchasing process that are done electronically versus on paper.

Summary:

Company CC is the last remaining private bottler of Company CK. Company CC has come up with many innovations from the day onwards. Company CC is one of the 64 bottlers worldwide with 6,000 employees selling a case of coke for every four seconds.

The purchasing process:

The purchasing process encompasses all the activities as shown below:

Identification of user requirements.

Evaluation of the user needs effectively and efficiently.

Identification suppliers who are capable to meet the demand.

Development of agreement with those suppliers.

Development of the ordering mechanism.

Ensure that the payment process occurs promptly.

Ascertaining that the needs are effectively met and

Driving continuous improvement.

Expert Solution & Answer

Explanation of Solution

Steps in the purchasing process that are done electronically versus on paper:

Purchase request:

This step needs to identify and understand the needs of the customer. It involves filling out a paper form and going through the required approvals for the authorization process.

An ERP system works on the automatic creation of the documents online and the approval also does not require a long process.

Supplier selection:

The process involves the supplier to purchase the item that is requested. This will also result in a quote process if it is required to be initiated.

Purchase order:

In the manual process, it involves the dispatch to the supplier in the paper copy in situations of a manual process. There is an electronic notification if it is an electronic process.

Fulfillment:

The dispatch of goods to the organization by the supplier is carried out. The lead time will be decided based on the type of processing which is either electronic or paperwork.

Receipt of goods:

This includes letting go of the goods through a receipting process which matches the orders and checks for the correct quality.

Invoice and payment:

The paperwork provides a paper receipt while the electronic process will give an e-receipt.

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Answer 5

Chapter 2, Problem 1GPE

Summary Introduction

To explain: The steps in the purchasing process that are done electronically versus on paper.

Summary:

Company CC is the last remaining private bottler of Company CK. Company CC has come up with many innovations from the day onwards. Company CC is one of the 64 bottlers worldwide with 6,000 employees selling a case of coke for every four seconds.

The purchasing process:

The purchasing process encompasses all the activities as shown below:

Identification of user requirements.

Evaluation of the user needs effectively and efficiently.

Identification suppliers who are capable to meet the demand.

Development of agreement with those suppliers.

Development of the ordering mechanism.

Ensure that the payment process occurs promptly.

Ascertaining that the needs are effectively met and

Driving continuous improvement.

Expert Solution & Answer

Explanation of Solution

Steps in the purchasing process that are done electronically versus on paper:

Purchase request:

This step needs to identify and understand the needs of the customer. It involves filling out a paper form and going through the required approvals for the authorization process.

An ERP system works on the automatic creation of the documents online and the approval also does not require a long process.

Supplier selection:

The process involves the supplier to purchase the item that is requested. This will also result in a quote process if it is required to be initiated.

Purchase order:

In the manual process, it involves the dispatch to the supplier in the paper copy in situations of a manual process. There is an electronic notification if it is an electronic process.

Fulfillment:

The dispatch of goods to the organization by the supplier is carried out. The lead time will be decided based on the type of processing which is either electronic or paperwork.

Receipt of goods:

This includes letting go of the goods through a receipting process which matches the orders and checks for the correct quality.

Invoice and payment:

The paperwork provides a paper receipt while the electronic process will give an e-receipt.

Answer 6

Chapter 2, Problem 1GPE

Summary Introduction

To explain: The steps in the purchasing process that are done electronically versus on paper.

Summary:

Company CC is the last remaining private bottler of Company CK. Company CC has come up with many innovations from the day onwards. Company CC is one of the 64 bottlers worldwide with 6,000 employees selling a case of coke for every four seconds.

The purchasing process:

The purchasing process encompasses all the activities as shown below:

Identification of user requirements.

Evaluation of the user needs effectively and efficiently.

Identification suppliers who are capable to meet the demand.

Development of agreement with those suppliers.

Development of the ordering mechanism.

Ensure that the payment process occurs promptly.

Ascertaining that the needs are effectively met and

Driving continuous improvement.

Expert Solution & Answer

Explanation of Solution

Steps in the purchasing process that are done electronically versus on paper:

Purchase request:

This step needs to identify and understand the needs of the customer. It involves filling out a paper form and going through the required approvals for the authorization process.

An ERP system works on the automatic creation of the documents online and the approval also does not require a long process.

Supplier selection:

The process involves the supplier to purchase the item that is requested. This will also result in a quote process if it is required to be initiated.

Purchase order:

In the manual process, it involves the dispatch to the supplier in the paper copy in situations of a manual process. There is an electronic notification if it is an electronic process.

Fulfillment:

The dispatch of goods to the organization by the supplier is carried out. The lead time will be decided based on the type of processing which is either electronic or paperwork.

Receipt of goods:

This includes letting go of the goods through a receipting process which matches the orders and checks for the correct quality.

Invoice and payment:

The paperwork provides a paper receipt while the electronic process will give an e-receipt.

Answer 7

Chapter 2, Problem 1GPE

Summary Introduction

To explain: The steps in the purchasing process that are done electronically versus on paper.

Summary:

Company CC is the last remaining private bottler of Company CK. Company CC has come up with many innovations from the day onwards. Company CC is one of the 64 bottlers worldwide with 6,000 employees selling a case of coke for every four seconds.

The purchasing process:

The purchasing process encompasses all the activities as shown below:

Identification of user requirements.

Evaluation of the user needs effectively and efficiently.

Identification suppliers who are capable to meet the demand.

Development of agreement with those suppliers.

Development of the ordering mechanism.

Ensure that the payment process occurs promptly.

Ascertaining that the needs are effectively met and

Driving continuous improvement.

Answer 8

Expert Solution & Answer

Explanation of Solution

Steps in the purchasing process that are done electronically versus on paper:

Purchase request:

This step needs to identify and understand the needs of the customer. It involves filling out a paper form and going through the required approvals for the authorization process.

An ERP system works on the automatic creation of the documents online and the approval also does not require a long process.

Supplier selection:

The process involves the supplier to purchase the item that is requested. This will also result in a quote process if it is required to be initiated.

Purchase order:

In the manual process, it involves the dispatch to the supplier in the paper copy in situations of a manual process. There is an electronic notification if it is an electronic process.

Fulfillment:

The dispatch of goods to the organization by the supplier is carried out. The lead time will be decided based on the type of processing which is either electronic or paperwork.

Receipt of goods:

This includes letting go of the goods through a receipting process which matches the orders and checks for the correct quality.

Invoice and payment:

The paperwork provides a paper receipt while the electronic process will give an e-receipt.

Answer 9

Expert Solution & Answer

Answer 10

Expert Solution & Answer

Answer 11

Ch. 2 - Prob. 1GPE Ch. 2 - Prob. 2GPE Ch. 2 - Prob. 3GPE Ch. 2 - Prob. 4GPE Ch. 2 - Prob. 1DQ Ch. 2 - Prob. 2DQ Ch. 2 - Prob. 3DQ Ch. 2 - Prob. 4DQ Ch. 2 - Prob. 5DQ Ch. 2 - How is anticipating a material requirement or need...

Explanation of Solution

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Chapter 2 Solutions