What is public procurement and supply chain management?

Public procurement and supply chain management provides new ideas, concepts, case studies and practical experiences regarding public sector supply chains. Contents include the following: · SCM challenges in the South African public sector. · Legislation governing public SCM. · Demand management.

What are the 3 P's in supply chain?

Supply Chain and Risk Management: “3Ps” – Predictive, Proactive, Prescriptive.12-Aug-2013

What are the 7 R's of supply chain management?

The Chartered Institute of Logistics & Transport UK (2019) defines them as: Getting the Right product, in the Right quantity, in the Right condition, at the Right place, at the Right time, to the Right customer, at the Right price.

What are the 3 types of procurement?

There are three main types of procurement activities: direct procurement, indirect procurement, and services procurement.08-Dec-2021

What are the 5 pillars of procurement?

The 5 Pillars of Procurement and Supply Chain Management

Value for Money. In short this means that it is not necessarily the tender with the lowest price that is going to win the bid.
Open and Effective Competition.
Ethics and Fair Dealing.
Accountability and Reporting.
Equity.

What are the 5 principles of procurement?

5 Procurement Principles UN Staff Members Should Know

Best value for money.
Fairness, integrity, and transparency.
Effective international competition.
The interest of the Contractor.
Client centricity.

What are the 5 P's of logistics?

The major cause of conflict for logistics and marketing interface is related to 5Ps (product, price, place, promotion and packaging) of marketing. Without the successful link of logistics and marketing, the firm may be unable to provide good customer service, resulting in dissatisfied customer or a lost sale.14-Jun-2019

What are the 7 rules of logistics?

The 7 ''Rights'' Of Logistics

Right product. Deliver the right product.
Right customer. Deliver to the right customer.
Right quantity. The right quantity plays an important role in logistics.
Right condition. Delivering products in the right condition refers to the safety factor in shipment.
Right place.
Right time.
Right cost.

What is the difference between purchasing and procurement?

Procurement is the process of finding and agreeing to the terms of a purchase. It includes identifying potential suppliers, negotiating contracts, and selecting the supplier that offers the best value for money. Purchasing is the actual act of buying goods and services.

What are the 7 principles of procurement?

7. Principles of Procurement

Accountability.
Competitive Supply.
Consistency.
Effectiveness.
Value for Money.
Fair-dealing.
Integration.
Integrity.

What are the 7 stages of procurement?

These are the 7 important stages in the procurement process:

Step 0: Needs Recognition.
Step 1: Purchase Requisition.
Step 2: Requisition review.
Step 3: Solicitation process.
Step 4: Evaluation and contract.
Step 5: Order management.
Step 6: Invoice approvals and disputes.
Step 7: Record Keeping.

What are the four pillars of procurement?

Managing the “4 pillars” of global procurement – people, process, technology, and supply chain – is crucial for ensuring a global approach to standardizing technology infrastructure for the enterprise.15-Aug-2017

How can I improve my procurement skills?

7 Ways to Boost Your Procurement Efficiency

Think Carefully Before Making a Purchase.
Build Virtuous Supplier Relationships.
Expand Your Network.
Use Your Analytical Skills to Make the Right Decisions.
Sharpen Your Negotiating Skills.
Think Globally.
Move Forward with Technology.

What are the aims of public procurement?

The objectives of establishing the Bureau of Public Procurement are to;

Harmonize existing government policies and practices on public procurement to ensure probity, accountability and transparency in the procurement process;
Establish pricing standards and benchmarks;

What are procurement methods?

The six types of procurement are open tendering, restricted tendering, request for proposal, two-stage tendering, request for quotations and single-source procurement.

What are the challenges of public procurement?

The top six challenges facing procurement

Risk management. Risk is always a key concern for procurement, with the primary focus on suppliers' financial status, followed by health and safety and industry practices.
Reputation and brand image.
CSR.
Becoming a customer of choice.
Centres of Excellence.
Stakeholder engagement.

What are the 12 elements of logistics?

Terms in this set (12)

Design Interface.
Sustaining Engineering.
Supply Support.
Maintenance Planning & Management.
Packaging, Handling, Storage, and Transportation.
Technical Data.
Support Equipment.
Training & Training Support.

What is logistic cycle?

The logistics cycle should be viewed as a complete list of activities from procurement of goods or materials to their final delivery to customers. The following main activities form a logistics cycle: Procurement. Transport and delivery. Warehousing – receipt and storage.20-Dec-2021

What are the 4 major logistic functions?

The four functions of marketing logistics are product, price, place and promotion.

What is the difference between logistics and supply chain?

Logistics focuses on the movement and storage of items in the supply chain. Supply chain management (SCM) is more comprehensive, covering all of the coordination between partners that have a role in this network, including sourcing, manufacturing, transporting, storing and selling.25-Jul-2022

What are the two categories of logistics?

Transportation and warehousing are the two major functions of logistics. Transportation management focuses on planning, optimizing and executing the use of vehicles to move goods between warehouses, retail locations and customers.

What is public procurement and supply chain management?