Quiz Chapter 2

Rearrange the first 4 Procurement Order Cycle Standard Procedure .

• Determination of possible supplier

• Preparation of purchase order (PO)

• Identification of
  requisition material

• Following up and expedited delivery

"A request for information is a proposal requested from potential seller or service provider to

determine what products and services are potentially available in the marketplace to meet a
buyer’s needs and to know the capability of a seller in terms of offerings and strengths of the
seller."

The statement above refers to what document

• Solicitations

• RFQ

• RFP

• RFI

In procurement logistics, raw materials typically refer to:

• Finished products ready for sale

• Goods that have undergone some processing

• Unprocessed materials used in production

• Items waiting for disposal

Assign TWO (2) benefits of practicing e-procurement

What are the examples of the components in procurement items

• Tyre

• Metal

• Steering

• Engine oil

"E-procurement in procurement logistics refers to the use of electronic systems and technology to streamline the purchasing process."

The statement above explainning about the definition of e-procurement

• True

• False

Ellaborate TWO(2) procurement for different types of items

What the type of business model types for e-procurement

• B2B(Business to Business)

• B2C(Business to Consumer)

• Subscription-Based Models

• • On-Demand Business Model.

Raw materials, parts and component used as inputs into processes that create

finished product.

This is known as ?

• Direct

• Indirect

Give 2 challenges in E-Procurement ?