Flashcards
Purchasing lecture 7
Cards in this deck (5)
- 1Why e-procurement?- savings (main reason); money & time
- way of working optimization; automation, accessibility, agility
- single source of truth; transparency
- scalability; standardize way of working
- industrial leader - 2Why is strategic sourcing important?A 5% cost reduction because of strategic sourcing better for an organization profit wise, compared to a 5% sales increase
- 3Difference between traditional sourcing and e-sourcing1. identifying the needs and findings potential suppliers
2. receive all information and quotes in one format
3. little/no clarification needed (thanks to format)
4. go for another round of RFP, send out efficient feedback
5. or, go straight for an e-auction
6. contract signed with e-signature - 4E-auctionse-auctions are a new way of negotiating which can lead to massive cost reductions. instead of all the suppliers coming to your organization to negotiate a deal, they bid against each other on the internet. a common program for organizing e-auctions is SAP.
- 5Difference English and Dutch actionfor the english auction you start high and let the supplier drive the price down, until one wins. for the dutch auction the organization offering the tender raises the prices every X seconds, first supplier to respond gets the contract
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- Flashcards on Purchasing lecture 7, created by Elisa Vink on 11/10/2020.
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- Elisa Vink
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