CIPS L3M2 - Ethical Procurement and Supply
Finding new potential suppliers using the internet might be known as:
Key Performance Indicators could be said to be:
The abbreviation ‘PDCA’ represents the words:
According to the Profex textbook for this subject, specifications are said to be ‘the heart of the con-tract'.
It is thought that the cause of a negative variance in the materials budget is the poor negotiation skills of procurement staff. Which of the following (select two) would be a move in the right direc-tion to remedy this situation?
The usefulness of lifetime costing is for decision-making about whether to acquire an asset with an expected:
Select the two words which explain least well why the procurement of services can be more chal-lenging than the procurement of physical products:
The supplier appraisal model attributed to Dawn Dadds, is, as shorthand:
Spot the odd one out.
The objective of value engineering has been described as: