Procurement Process - 4057 Words

TABLE OF CONTENTS Page 1. INTRODUCTION†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦ 1 1.1 Procurement and supply chain process†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 2 1.2 What benefits does Procurement provide to Project Management?.. 3 2. SELECTION OF SUPPLIERS†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 4 2.1 Identifying Potential Suppliers†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 5 2.2 Supplier Selection Method†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 6 3. CASE STUDY – NALEAP †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 8 3.1 Background †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.8 3.2 Public Procurement Process for selection of suppliers †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦8 3.3 NALEAP‘s Selection of suppliers†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦... 9 4. CONCLUSION†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 12 BIBLIOGRAPHY†¦show more content†¦This is important especially if the customer does not have an already established relationship with suppliers. The search should be limited to the area of focus that is the area in which the customer needs product or services. This can be done through various way such as catalogues, advertisements (expression of interest), direct sourcing among others Supplier contact: after gathering instructions then one can identify suitable suppliers and requests for quotation, requests for proposals, requests for information or requests for tender may be advertised, or direct contact may be made with the suppliers. This constitutes an offer to treat. From the given documents then the project manager can identify which supplier to use and thus send an offer. Background review: References for product/service quality are consulted, and any requirements for follow-up services including installation, maintenance, and warranty are investigated. Samples of the P/S being considered may be examined or trials undertaken. This just ensures the procurement is dealing with qualified persons to avoid shoddy deals that may cost the project dearly. Negotiation: Negotiations are undertaken after the supplier has been identified. During these negotiations the parties have to come to an agreement on aspects such as quantity, quality, price, availability, delivery, time and customization possibilities where need be. The result of this negotiation is a contract thatShow MoreRelated.2: Procurement And Process . Procurement Is The Process1669 Words   |  7 Pages.2: procurement and process Procurement is the process by which organizations acquire goods, works and services. The procurement cycle involves planning, beginning with needs assessment through needs preparation, inviting offers, contractor selection, awarding contracts, executing and managing contracts, as well as final accounting and auditing. Procurement can therefore be viewed as a strategic component of supply chain management relating to satisfying customer or buyer needs. The procurementRead MoreProcurement Of Procurement Management Process999 Words   |  4 PagesEvery project involves many different processes, tasks, and planning. Each project will involve some level of procurement risk associated with contracts. The procurement management process will need to be determined. In order to have a successful team the administrative and behavioral aspects will need to be addressed. Once these are addressed some team development strategies will need to be employed to increase the characteristics of an effective team. Once an effective team is gathered a communicationRead MoreA Report On The Procurement Process1475 Words   |  6 Pagessuccess of an endeavor. One area that many businesses focus on is procurement in order to maximize the benefits for the organization. As a result, many organizations are hiring procurement specialists with the purpose of ensuring that their procurement practices are efficient and current with business practices. This paper will discuss the procurement process, some of the benefits procurement offers a business, and the attributes a procurement professional should possess to become successful in the fieldRead MoreProcurement Management Approach For Human Procurement Process1470 Words   |  6 PagesProcurement Management Approach No plans have been made to update this document unless the scope of the installation of Roof Membrane changes or any significant changes in APEX procuring processes are made. The Project Manager will notify any change to the project team members verbally and by email. Procurement Process APEX Sustainable Engineering Solutions uses a proven system to procure equipment, materials and services to meet the contractual requirements. Our employees work in cross functionalRead MoreThe Contract And Procurement Management Process1067 Words   |  5 PagesBSBPMG416 Apply project Procurement procedures Parwinderjeet singh Student ID: UIT 07415 Assessment 1 1.Describe the Contract and procurement management framework as applied to project management ? The project procurement management processesRead MoreThe Medical Device / Equipment Procurement Process1138 Words   |  5 PagesCOLLABORATORS In an effort to reduce healthcare costs, the landscape of delivering healthcare is shifting. The medical device/equipment procurement process is shifting its emphasis, as procurement officers at caregiving locations are given more power and influence in purchasing decisions. The responsibility of controlling costs in healthcare is no longer lies solely with procurement officers but has been increasingly extended to physicians. In 2015, 80 percent of physicians said they have personal responsibilityRead MoreProcurement process in small or Micro Enterprises.3033 Words   |  13 Pagesï » ¿ Project Management Global Sourcing [Assignment 1] Procurement Process in Small or Micro Enterprise TABLE OF CONTENTS PAGE 1. INTRODUCTION†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3 2. BRIEF DESCRIPTION OF ORGANISATIONS †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 4 3. POSITION OF ORGANISATIONS AND TWO MAJOR PRODUCTS†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 5 4. PROCURE TO PAY PROCESS†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 6 - 7 5. SUPPLIER IDENTIFICATION AND SELECTION†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 8 - 10 6. STRESS TESTINGRead MoreProject Of A Commercial Environment- Hpro4004 Procurement Process1008 Words   |  5 Pagesenvironment- HPRO4004-Procurement By Georgina Grant -1611161 Executive summary In this assignment I will be writing a formal report that will explain a typical procurement process, I will outline a variety of methods of supplier reimbursement and contract relationships; I will also outline the pros and cons of each contract type. As well as this, I will explain a typical supplier selection process through the use of Carters 10 C’s and a typical selection process model. Read MoreVendor Selection Process Redesign Proposal For Procurement1046 Words   |  5 Pages Peter Williams Date: July 16, 2015 Subject: Vendor selection process redesign proposal for procurement The purpose of this proposal is to improve or change the vendor selection process to purchase of goods and services from Third Party Company for production of company products. In the company, the vendor selection process is managed by a project manager with the help of purchasing department. This includes the following process: †¢ Identification of potential vendors †¢ Request for proposal †¢ EvaluateRead MoreChapter 04: the Procurement Process Exercise 04-02: Review Procurement Master Data3738 Words   |  15 PagesChapter 04: Procurement Process Exercise 04-02: Basic Procurement Process Multi Company Code Rev: 01/17/2011 Introduction General Notes and Information It is strongly recommended that you read through the entire exercise prior to starting. Not all instructions can be provided in a linear manner. The following symbols are used to indicate important information, as described below: An arrow highlights an important instruction that must not be overlooked. A pencil prompts you to write