...Chapter 4 The Procurement Process Multiple Choice Questions | 1. |Which one of the following is not a type of organizational data that is utilized in the procurement process? | | | | | |Client | | |Company Code | | |Storage Location | | |Purchasing Organization | | |Manufacturing Plant | | | | | |Answer: e Difficulty: Easy Page Reference: 2 | | |Section: Organizational Data Practice: ...
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...EFFECTS OF ECONOMIC FACTORS ON PROCUREMENT PROCSEE A CASE STUDY OF YALA SUB DISTRICT HOSPITAL PRESENTED BY POLYCENA MUKAMI MIRITI A RESEARCH PROPOSAL SUBMITTED IN PARTIAL FULLFILMENT FOR THE AWARD OF BACHELORS IN BUSINESS MANAGEMENT OF MOI UNIVERSITY SCHOOL OF BUSINESS AND ECONOMICS 2013 DECLARATION I POLYCENA MUKAMI MIRITI hereby declare that this research proposal is my original work and not a duplicate of similar published work of any scholar for academic purpose and has not been submitted to any other institution of higher learning for the award of certificate, diploma or degree in special needs education I further declare that all materials cited in this paper which are no my own have been duly acknowledged. SIGNATURE DATE SUPERVIRSOR’S NAME:…………………………………………….. SIGNATURE……………………….. DATE:……………………….. DEDICATION I dedicate this research proposal ACKNOWLEDGEMENT ABSTRACT For decades procurement performance attracts great attention from practitioners due to poor performance resulting from non adherence to proper process and procedures The purpose of the study is to examine economic positive and negative factors that effect of procurement process at Yala Sub District Hospital. The objective of study is to identify of effect of economic factors on the procurement procedure at the hospital.The study involve use of quantitative and qualitative research methods. The study will involve 10 staffs in management and 18 staff in non –management...
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...THE IMPACT OF GOVERNMENT PROCUREMENT PROCESS ON EFFECTIVE SERVICE DELIVERY IN UGANDA. A CASE STUDY OF MBALE MUNICIPAL LOCAL GOVERNMENT COUNCIL By: WANDULU KOSEA 2011-B141-10072 A REPORT SUBMITTED TO THE FACULTY OF SCIENCE IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF THE DEGREE OF BACHELOR OF SCIENCE IN ECONOMICS AND STATISTICS OF UGANDA MARTYRS UNIVERSITY MAY, 2014 DECLARATION I, Wandulu Kosea declare that the content of this dissertation is my original work and it has never been submitted to any University or institution of higher learning for any academic award. Where relevant information to the study was got from others authors’ work, it was duly acknowledged. Wandulu Kosea Signature………………… Date:………………….. APPROVAL This dissertation has been submitted with my approval as the supervisor and it is worthy to be credited as part of the necessary requirements for the award of the degree of Bachelor of Science in Economics and Statistics of Uganda Martyrs University. Supervisor: Dr. F. Mwesigye Signature………………… Date:………………………. DEDICATION This dissertation is dedicated to my parents Dinah and Dison Nakhokho, brothers, sisters and friends for their endless love, moral, spiritual, emotional and financial support that helped me to grow in my education. Special appreciation goes to my elder brother William Makuma for his unconditional guidance and financial support...
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...The Benefits of Electronic Reverse Auctions (e-RAs) in the Procurement Process The nature of business competition is changing drastically. One of the most profound changes currently transpiring in the world of business is the introduction of electronic commerce. The impact of electronic commerce (ecommerce, or EC) on procurement, shopping, business collaboration, and customer services as well as on delivery of various services is so dramatic that almost every organization is affected. In this paper, I will show how electronic reverse auctions (e-RAs) is very significant in the federal procurement process by saving money, time and maximizes supplier competition. Reverse auctions gained popularity with the emergence of Internet-based online auction tools. Today, reverse auctions are used by federal, state and private agencies to purchase raw materials, supplies and services. The Reverse Auction Process In the traditional auctions, also referred to as forward auctions, a seller offers a product that is demanded by several buyers who compete and bid up the price. The highest bidder wins and buys the product. In a reverse auction, it is the buyer who is in control of the process. The buyer is interested in an item offered by a number of sellers who compete and lower their price in order to get the deal. Unlike traditional auctions that occur at physical locations, reverse auctions are accessed online, through web browsers, via private software companies known as “market...
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...ASHESI UNIVERSITY COLLEGE INVESTIGATING THE EFFECT OF THE PUBLIC PROCUREMENT LAW ON THE GHANAIAN EDUCATIONAL SECTOR By EYRA LYDIE GNANIH Thesis submitted to the Department of Business Administration Ashesi University College In partial fulfilment of Bachelor of Science degree in Business Administration APRIL 2012 i Declaration I hereby declare that this thesis is the result of my own original work and that no part of it has been presented for another degree in this university or elsewhere. Candidate’s Signature:…………………………………………………………………… Candidate’s Name: Eyra Lydie Gnanih Date: Thursday, 12th April 2012 I hereby declare that the preparation and presentation of the thesis were supervised in accordance with the guidelines on supervision of thesis laid down by Ashesi University College. Supervisor’s Signature:…………………………………………………………………….. Supervisor’s Name: Dr Stephen E. Armah Date:………………………………….. ii Acknowledgement Gratitude goes to my parents for their encouragement, support, and inspiration. To Dr Stephen E. Armah, my thesis supervisor, thank you for the constructive criticisms and timely feedback which were of exceptional help in completing this project. For the reception and openness of the Secretary of the Public Procurement Authority and for the reports and information made available by Mr Alex Osei-Bonsu of the same institution, thank you. This project would not have been possible without the generosity and willingness of the heads...
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...Running head: THE CLOSE-OUT OF PROCUREMENT CONTRACTS 1 The Close-out of Procurement Contracts: The Steps to Successfully Close Out a Contract Including the Processes of Termination and Settlement of Seller Claims Kelley L. Clanton Northcentral University THE CLOSE-OUT OF PROCUREMENT CONTRACTS 2 The Close-out of Procurement Contracts: The Steps to Successfully Close Out a Contract Including the Processes of Termination and Settlement of Seller Claims Procurement contract close-out is a heavy and important topic for organizations that have procurements needs on a consistent or even a fleeting basis as the materials and products acquired through these procurements are often needed to keep the flow of good sales going and/or keeping operations under control and running at optimal performance. There are really only a few basic ways that an executed contract can end with the hoped-for outcome, and probably the usual one as well, being that the contract is fulfilled at the satisfaction and agreement of both sides of the contract. However, there are some pitfalls and other negative outcomes that can happen before, during and after a procurement contract is in force and indeed procurement contracts can end in a quite ugly fashion if one is not careful and/or does not exercise a proper amount of foresight. Even with this potential blowback, this does not mean that a...
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...'Procurement is essentially delivering value through relationships' Procurement and Contract Management This article is a literature review on the topic ' Procurement is essentially delivering value through relationships' . Procurement has been always considered to be the least among functions like Marketing, Finance, Human Resource Management etc...even though about 60% of the operating cost is for procurement and in cases like a manufacturing company it is even more. The recent Economic crisis has forced the top management to focus on this aspect of the business more carefully. This review explores the various aspects of procurement, in order to understand the concept of procurement some of the basic concepts like buyer and supplier, business relationships and customer value have been defined. Further I have tried to establish how procurement can add value to a business and to do this I have quoted examples from various business websites and journals. The review is also able to describe how a long term business relationship between the Buyer and Supplier can benefit each other both in terms of growth and financially. Every positive side has a negative side to it, I have been able to show some aspects of the negative side of it. Overall it can be concluded that procurement does deliver value through relationships. Introduction Procurement process is one of the most essential part of a business or a project. Through this process you are exposed to the potential market...
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...This includes all assignments, exams, term papers, and other projects required by your instructor. Knowingly submitting another person’s work as your own, without properly citing the source of the work, is considered plagiarism. This will result in an unsatisfactory grade for the work submitted or for the entire course. It may also result in academic dismissal from the University. | | PM-7000 | Dr. Christopher Barrett | | | Procurement Project Management | Assignment 7 | | | Comments: ------------------------------------------------- ------------------------------------------------- Faculty Use Only ------------------------------------------------- <Faculty comments here> ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- <Faculty Name> <Grade Earned> <Date Graded> Activity Seven: Close-Out Plan Max Boller Procurement Project Management Northcentral University Procurement project...
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...Socioeconomics of Government Contracting Joseph Casanova Professor Lateefah Muhammad LEG 440- Procurement and Contract Law July 25, 2012 Introduction Highly publicized incidents such as the federal government purchasing at $500 hammer or $2,500 toilet seat continue to capture headlines as examples of a federal procurement process gone awry, but these notorious examples have become few and far between in recent years, due in large part to significant reforms such as the Federal Acquisition Streamlining Act of 1994 that minimized some of these problems. Despite these substantive reforms, the federal government continues to receive criticisms concerning the manner in which it administers the procurement process. In order to gain new insights in this area, this paper provides a review of the relevant literature to describe the legal and administrative framework and socio-economic considerations of the federal procurement process. A summary of the research and important findings are presented in the conclusion. Review and Discussion Legal Framework At present, federal procurement contracts are governed by a number of statutory and regulatory requirements, including the Federal Acquisition Regulation (FAR) (Nou, 2009). The FAR sets forth detailed procedures concerning virtually all aspects of the federal procurement process including notice and competition as well as awards and contract management (Nou, 2009). In addition, the Competition in Contracting Act of...
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...STAGES OF PROCUREMENT * * Receipt of RL * Opening of File * Getting Clarification of Specs * Seeking approval for calling Quotations * Preparation of Bid documents * Selection of suppliers * Inviting Bids * Bid Opening * Bid Evaluation by TEC * PSO recs * Seeking Financial Approval * Entering to contract * Award of Tender Government Policy on procurement * The process be * efficient, effective, speedy, fully transparent * Honesty and integrity in all public procurement * Obtain financially the most advantage and quality item Need best services and supplies for the country * Public Accountability Regulatory frame work governing public procurements * Financial Regulations * Government Procurement Guidelines and Manual * Duly adopted manual of procedure of Public corporations & Government Owned Companies * Provincial Financial Regulations * Rules governing Municipal Councils, Pradeshia sabahs & Urban Councils * Government Procurement Guidelines supersede all other rules, regulations & procedures until such time they are amended Importance of Public Procurement * Procurement of vital inputs for Public Sector Investments which are fundamental for National Development * Such inputs are grouped under works, goods and services * Works covers bridges, Buildings, Harbor, Highways etc * Goods covers equipment and machineries...
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...make a reasonable make-or-buy decision. | | Instructor Explanation: | PMBOK® Guide, Chapter 12 | | | | Points Received: | 10 of 10 | | Comments: | | | | Question 2. | Question : | (TCO A) In industry, there are four processes one follows in the procurement area of project management. Describe and explain these four processes in the procurement management process for the buyer. | | | Student Answer: | | There are four processes in procurement management; plan, conduct, administer, and close procurement. Plan Procurement Process of documenting project purchasing decision, specifying the approach and identifying potential sellers. The first out of four procurement-related project management processes is in the Planning Process group, and is the process which creates the guidelines for all of the procurement activities on the project. It helps document the project procurement decisions, specifies the approach taken to identify potential sellers and carry out the procurement. Conduct Procurement Process of obtaining quotations, offers, information, and proposals from sellers, and then selecting a seller and awarding a contract. Administer Procurement Process of managing procurement relationship, monitoring performance and making changes and corrections as needed. The buyer...
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...INFORMATION COMMUNICATIONS TECHNOLOGY (ICT) PROCUREMENT MANUAL TABLE OF CONTENTS SECTION 1 INTRODUCTION ABBREVIATIONS AND ACRONYMS SECTION 2 PREPARING FOR ICT PROCUREMENT PLANNING How do we prepare for ICT Procurement? Looking at Total Cost Ownership What is the value of Hiring ICT Procurement Consultant? What are the classifications of ICT Procurement? Drafting the Technical Specifications, Scope of Work and Terms of Reference Drafting Service Level Requirements Reference to Benchmarks Use of Brand Names in ICT Procurement “Green” Considerations in Making Technical Specifications PREPARING THE BIDDING DOCUMENTS What are Bidding Documents? Who shall participate in the preparation of the Bidding Documents? BAC for ICT Projects What various types and sizes of contracts may be provided in the Bidding Documents How should Pre-Procurement Conference be conducted? Conducting Proof-of-Concept SECTION 3 INSTRUCTIONS ON THE PROCEDURAL STEPS FOR ICT PROCUREMENT Competitive Bidding ICTO-DOST Standards Development SECTION 4 GUIDELINES ON CONTRACT IMPLEMENTATION FOR ICT PROCUREMENT OF GOODS Dispute Resolution ANNEX A: Definition of Terms ANNEX B: Process Flow for Goods and Infrastructure ANNEX C1: Process Flow Quality Based Evaluation ANNEX C2: Process Flow Quality Cost Based Evaluation ANNEX D: Sample Technical Specification Checklist ANNEX E: Sample Bid Evaluation Template 1 2 3 3 4 4 5 7 10 11 11 11 13 13 14 14 14 17 17 18 18 18 19 SECTION 1 INTRODUCTION This Manual seeks to...
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...EFFECTS OF POOR QUALITY GOODS AND SERVICES PROCURED BY GOVENRMENT AGENCIES ON SERVICE DELIVERY; A CASE STUDY OF THE MINISTRY OF HEALTH KERICHO DISTRICT HOSPITAL BY CHERUIYOT KIPYEGON BEN BBM/3111/12 A RESEARCH PROPOSAL SUBMITTED TO MOI UNIVERSITY IN PARTIAL FULFILMENT AND REQUIREMEENT FOR THE AWARD OF A DEGREE IN BACHELOR OF BUSINESS MANAGEMENT MARKETING MANAGEMENT OPTION FEBRUARY 2014 DECLARATION DECLARATION BY THE CANDIDATE This research study is my original work and it has not been presented to any other Institution. No part of this research should be reproduced without my consent or that of Moi University SIGN: ______________________DATE: ____________________ CHERUIYOT KIPYEGON BEN BBM/3111/12 DECLARATION BY THE SUPERVISOR This Research has been submitted with my approval to Moi University as the candidate’s research proposal supervisor. SIGN: _______________________DATE: ____________________ MR. J. OMANGA SUPERVISOR - RESEARCH PROPOSAL DEDICATION I dedicate this work to my family for their unwavering support that saw me complete the research project, more so to my Sisters Florence for ensuring that my study was a success and Lily for proof reading this research proposal. ACKNOWLEDGEMENT I wish to thank my Supervisor Mr. James Omanga for his guidance...
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...competitive as well as provide funds for innovation. Therefore, it seems like procurers play an important role within firms. But how the firms could achieve best value for money in procurement management? It seems likely that firms should seek to ‘get their own house in order’ before attempting to deal with suppliers. This essay aims to discuss this issue and illustrated the discussion with some successful examples. In the following sections, it shows a standard purchasing & supply management process. Additionally, the factors of outsourcing decision will be pointed out, organization buying behaviour will also be included in the essay. 2. Purchasing & Supply Management Process 3.1 Standard Process In Figure1, this is a commonly standard purchasing and management process which used by different sizes of firms worldwide. However, some smaller entities probably skip some stages of purchasing process, but basically it appears sequence of operating procurement principle. It illustrated clearly that the best value for money involves internal and external management, not a single one can be omitted. And it is also a strongly evidenced that before firms manage suppliers, it should be get their house in order. Figure 1: Standard Purchasing & Management Process Source: Canvas, SP&SM,...
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...Chapter 3: Procurement Process Teaching Objectives The teaching objectives of this chapter are to: * Describe the steps in the procurement process. * Explain the role of different functional areas in efficiently and effectively completing the procurement process * Identify the key steps in the procurement process and the data, document, and information flows associated with the process. * Explain the financial impact of the steps in the procurement process * Explain the role of enterprise systems in supporting the procurement process Chapter Outline and Teaching Suggestions 1. Key Concepts and Assumptions a. Procurement - Requisition to pay b. Business to consumer c. Business to business Explain what procurement means and differentiate between B2B and B2C procurement. 2. A Basic Procurement Process d. The framework i. Physical flow ii. Data and document flow iii. Information flow Review the framework introduced in chapter 1 e. Physical Flow iv. Create requisition v. Create and send purchase order vi. Receive shipment vii. Receive invoice viii. Send payment Explain each step in terms of purpose. Discuss how communication between process steps is accomplished. 3. Document and Data Flow f. Purchase Requisition g. Purchase Order h. Packing List i. Goods Receipt Document j. Goods Receipt...
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