L4M1 Scope and Influence of Procurement and Supply Recap Week 4

What am I...Sending a business need using electronic methods

• Requisition

• E-catalogue

• E-payment

• E-ordering

What am I...looking for an item online

• Requisition

• E-catalogue

• E-payment

• E-ordering

What am I...using an electronic system to place my requirement to a supplier

• Requisition

• E-catalogue

• E-payment

• E-ordering

What am I...transferring funds

• Requisition

• E-catalogue

• E-payment

• E-ordering

What am I...where the bidding decreases over time to ensure the buyer gets the lowest price

• E-tendering

• E-auctions

• Reverse auction

• E-Requisition

What am I...where the bidding takes place on the internet

• E-tendering

• E-auctions

• Reverse auction

• E-Requisition

What am I...an electronic approach using a portal to manage the ITT

• E-tendering

• E-auctions

• Reverse auction

• E-Requisition

Compliance is...

• Making a show of following regulations without actually implementing them effectively.

• Attempting to follow rules without fully understanding them

• Following only the rules that are convenient or beneficial

• Conforming to rules and regulations

Electronic systems in Warehousing and Logistics...choose all that apply

• Barcodes

• PDA

• Calculator

• Fax Machine

The CIPS E-procurement process consists of E-sourcing and E-purchasing... True or False

• True

• False