I plan to do a research about electric procurement in supply chain management while I have not chosen a more specific topic in this field. As for the reasons why I chose this kind of topic‚ the first one is close to the certification of CIPS (Chartered institute of purchasing and supply) so that the dissertation must be on a purchasing and supply related theme. Also‚ I am interested in how to electively combine procurement management with electric commerce. I will try my best to explain how important
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INTRODUCTION Background of the Study Mang Inasal Chicken BBQ is the Philippine ’s fastest growing barbeque fast food chain‚ serving chicken‚ pork barbeque and other Filipino favorites‚ was first established on December 12‚ 2003 in Iloilo City. Currently‚ there were 445 branches nationwide and with over 10‚000 employees system wide. Mang Inasal is doing its share in alleviating the unemployment burden of the country. The presence of every Mang Inasal in a certain area provides not only employment
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Procurement Management Marketing 432 What is Procurement Management? Today‚ different organizations employ various management techniques to carry out the efficient functioning of their departments. According to the Project Management Institute’s A Guide to the Project Management Body of Knowledge‚ “procurement management is the process required to acquire goods and services‚ to attain project scope‚ from outside the performing organization” (Ruskin‚ 1995). Procurement management is known
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201/205 Procurement at Betapharm Corp. Question: Can Betapharm use the Emptoris ePass system to source both‚ hotel rooms and malic acid? Solution 1: Use ePass for all procurement of hotel nights and malic acid. Pros: • Unified procurement process • Larger potential cost savings • More diverse supplier base Cons: • Less flexibility in choosing suppliers • Less intimate knowledge of suppliers • Risk of alienating current suppliers Solution 2 : Use ePass for procurement of malic
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Sustainable procurement (or Green procurement) is a spending and investment process typically associated with public policy‚ although it is equally applicable to the private sector. It is linked to the wider agenda of sustainable development. Organizations practicing sustainable procurement meet their needs for goods‚ services‚ utilities and works not on a private cost-benefit analysis‚ but with a view to maximising net benefits for themselves and the wider world. In doing so they must incorporate
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CHAPTER 1 – Purchasing and Supply Management The Financial Significance of Supply Management Profit-leverage effect – A decrease in purchasing expenditures directly increases profits before taxes (assuming no decrease in quality or purchasing total cost) Return-on-assets Effect – A high ROA indicates managerial prowess in generating profits with lower spending (caveat – ROA ratios vary from one industry to another) Inventory Turnover Effect – Increased inventory turnover indicates optimal utilization
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Indirect Procurement: The Way Forward With the recent global economic downturn and financial crunch‚ companies have come to the realization that in other for them to ride the wave of recession and create a strategic competitive advantage through sustained cost savings and increase the available cash on hand‚ a change in the management of their internal spend is imminent. Identification and usage of a viable tool for procurement and spend management has become a priority We know that businesses
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[pic] MZUMBE UNIVERSITY SCHOOL OF BUSINESS DEPARTMENT OF PROCUREMENT & LOGISTICS MANAGEMENT TERM PAPER SUBJECT NAME: E-PROCUREMENT AND SUPPLY CHAIN MANAGEMENT SUBJECT CODE: LOG 5652 PROGRAMME: MSc (PSCM) NAME: JUMA‚ JUMA R REG NO: MSc/PSCM/MZC/004/T.12 STUDT TITLE: Critically asses the application of e-supply chain management in Tanzania Abstract Electronic business is the process which uses Internet technology to simplify certain company
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Ethics in Public Procurement 1. Introduction The purpose of this note is to provi de informat ion to assist public sector buy ers to conduct purchasing in a way that satisfies probit y and accountabilit y requirements and to offer a fr amework wit hin which con tracting authorities may wish to draw up more detailed int ernal procurement procedures relevant to their own activit ies. These guidelines do not purport to be a legal interpretation of th e relevant legislat
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hallenges to Global Logistics Adapting the Council of Logistics Management definition of logistics‚ “Global logistics plan‚ controls‚ and manages the movement and storage of goods‚ services‚ and related information as it moves across international boundaries from raw material provider to consumer also considering the handling of return goods and containers. While there are some that would argue that there is not much difference between domestic and international logistics‚ there are some substantial
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