Team Dynamics and Change Recap Week 2

Procurement structures can be...Choose TWO that apply

• Tall

• Short

• Flat

• Wide

What is Compliance

• Following the rules and regulations that relate to your work tasks

• Following the instructions of your line manager

• Following the instructions set by your Org

• Doing the right thing

A Process is...

• Applying you procurement logic

• How you do it

• A mathematical question

• What you do

A Procedure is...

• Applying you procurement logic

• How you do it

• A mathematical question

• What you do

Factors that contribute to VfM outcomes in Procurement...Choose ALL that apply

• Product Price

• Packaging

• Qualiy

• Supplier Reputation

A stakeholder is...

• • A stakeholder is a person who manages the company's inventory.

• A person or group of people that have an interest in an organisation or project.

• • A stakeholder is an employee responsible for organising company events.

• • A stakeholder is a term used for a company's financial auditor.

An external stakeholder is...

• • A stakeholder is a person who manages the company's inventory.

• A person or group of people that have an interest in an organisation or project.

• • A stakeholder is an employee responsible for organising company events.

• • The people who are affected by the activities of the business, such as the local community or suppliers.

An internal stakeholder is...

• • People within the organisation, such as owners, staff.

• A person or group of people that have an interest in an organisation or project.

• • A stakeholder is an employee responsible for organising company events.

• • The people who are affected by the activities of the business, such as the local community or suppliers.

Which matrix would you use to assess the supply and profit risk

• Kraljic Matrix

• Steele and Court Preferencing Matrix

• Porters Value Chain

• STEEPLED

Which matrix would you use to understand how you suppliers perceive your Org

• Kraljic Matrix

• Steele and Court Preferencing Matrix

• Porters Value Chain

• STEEPLED