Procurement an der Hochschule Hof | Karteikarten & Zusammenfassungen

Lernmaterialien für Procurement an der Hochschule Hof

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TESTE DEIN WISSEN

What is Maverick Buying ?

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TESTE DEIN WISSEN

Maverick Buying refers to the purchase of material or services without involving the procurement department.

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What are the functions of procurement ?

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• Needs assessment

• Research of procurement market

• Make‐or‐Buy‐decisions

• Supplier management

• Order (including order processing)

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TESTE DEIN WISSEN

What are the objects of procurement ?

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• Raw, auxiliary and operating materials

• Vendor parts

• Merchandise

• Spare parts

• Equipment

• Staff

• Information

• Capital

• Services

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TESTE DEIN WISSEN

Why is procurement important ?

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TESTE DEIN WISSEN

Procurement is seen as helping to streamline processes, reduce raw material prices and costs, and identifying better sources of supply.

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TESTE DEIN WISSEN

Why does procurement work with other deparments such as Sales ?


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TESTE DEIN WISSEN

• Alligment about new materials, merchandise, quality

• Deciding means of distribution and transport

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TESTE DEIN WISSEN

Why does procurement work with other deparments such as Production ?

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• Allignment about make-or-buy, manufacturing program

• Planning and changing material flows

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Why does procurement work with other deparments such as Controlling ?

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TESTE DEIN WISSEN

• Determinating and evaluating material and economical procurement-related processes

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TESTE DEIN WISSEN

What are the different types of goals? Give examples

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TESTE DEIN WISSEN

- Complementary aims

e.g Profit maximization and Reducing the reject rate

- Competing aims

e.g Short‐term profit maximization and Increasing the market share

- Indifferent aims

e.g Cost reductions and management reorganisation

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TESTE DEIN WISSEN

Which costs are relevant in procurement?


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TESTE DEIN WISSEN

• Direct material costs

• Order costs

• Storage costs

• Shortage costs

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TESTE DEIN WISSEN

Why does procurement work with other deparments such as R&D ?

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TESTE DEIN WISSEN

• Exchange of information on materials, products, processes

• Reference to standard parts, samples, substitutes

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TESTE DEIN WISSEN

 Explain how shortage costs can arise.

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TESTE DEIN WISSEN

Shortage costs can emerge due to:

- Additional costs: Costs in logistics or other departments of the company to remedy a shortfall, penalties, indemnity payment

- Declining revenues: Sales deductions (e.g. due to missed deadlines of allowing discounts), Missed revenues (e.g. refusal of a customized order due to missed deadlines)

- Missed contribution margins: Direct loss of sales (e.g. customer switches to a competitor to meet his demands),  Indirect loss of sales (e.g. effects also other customers)

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TESTE DEIN WISSEN

Explain the impact of the different influencing factors of supply chain management.

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TESTE DEIN WISSEN

1. Globalization

SCM and globalization are interrelated. Globalization offers companies the opportunity to reach new markets and broadens the range of options in Supply Chain decisions. However, those decisions partake in deepening globalization.


2. Digitalization

It allows better communication between the supplier and the customer. This improvement in communication enables lower costs (by avoiding mistakes) and on-time delivery.


3. Active Policy

It changes the transportation alternatives and dictates the handling of trading contracts.


4. "On-Demand Society"

Many businesses now look for manufacturers closer to home. Also, it requires a collaboration between logistics providers to deliver the orders faster. It involves access to information, flexibility, and speed.


5. Ecology

Sustainability is a hot topic since transportation causes a lot of waste and pollution. New regulations are created every day and companies must find a way to fulfill the demands of their customers while respecting those regulations.


6. Demographics

The low birth rates affect the industry in multiple ways. The most outstanding one is the progressive diminution of the workforce.

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Q:

What is Maverick Buying ?

A:

Maverick Buying refers to the purchase of material or services without involving the procurement department.

Q:

What are the functions of procurement ?

A:

• Needs assessment

• Research of procurement market

• Make‐or‐Buy‐decisions

• Supplier management

• Order (including order processing)

Q:

What are the objects of procurement ?

A:

• Raw, auxiliary and operating materials

• Vendor parts

• Merchandise

• Spare parts

• Equipment

• Staff

• Information

• Capital

• Services

Q:

Why is procurement important ?

A:

Procurement is seen as helping to streamline processes, reduce raw material prices and costs, and identifying better sources of supply.

Q:

Why does procurement work with other deparments such as Sales ?


A:

• Alligment about new materials, merchandise, quality

• Deciding means of distribution and transport

Mehr Karteikarten anzeigen
Q:

Why does procurement work with other deparments such as Production ?

A:

• Allignment about make-or-buy, manufacturing program

• Planning and changing material flows

Q:

Why does procurement work with other deparments such as Controlling ?

A:

• Determinating and evaluating material and economical procurement-related processes

Q:

What are the different types of goals? Give examples

A:

- Complementary aims

e.g Profit maximization and Reducing the reject rate

- Competing aims

e.g Short‐term profit maximization and Increasing the market share

- Indifferent aims

e.g Cost reductions and management reorganisation

Q:

Which costs are relevant in procurement?


A:

• Direct material costs

• Order costs

• Storage costs

• Shortage costs

Q:

Why does procurement work with other deparments such as R&D ?

A:

• Exchange of information on materials, products, processes

• Reference to standard parts, samples, substitutes

Q:

 Explain how shortage costs can arise.

A:

Shortage costs can emerge due to:

- Additional costs: Costs in logistics or other departments of the company to remedy a shortfall, penalties, indemnity payment

- Declining revenues: Sales deductions (e.g. due to missed deadlines of allowing discounts), Missed revenues (e.g. refusal of a customized order due to missed deadlines)

- Missed contribution margins: Direct loss of sales (e.g. customer switches to a competitor to meet his demands),  Indirect loss of sales (e.g. effects also other customers)

Q:

Explain the impact of the different influencing factors of supply chain management.

A:

1. Globalization

SCM and globalization are interrelated. Globalization offers companies the opportunity to reach new markets and broadens the range of options in Supply Chain decisions. However, those decisions partake in deepening globalization.


2. Digitalization

It allows better communication between the supplier and the customer. This improvement in communication enables lower costs (by avoiding mistakes) and on-time delivery.


3. Active Policy

It changes the transportation alternatives and dictates the handling of trading contracts.


4. "On-Demand Society"

Many businesses now look for manufacturers closer to home. Also, it requires a collaboration between logistics providers to deliver the orders faster. It involves access to information, flexibility, and speed.


5. Ecology

Sustainability is a hot topic since transportation causes a lot of waste and pollution. New regulations are created every day and companies must find a way to fulfill the demands of their customers while respecting those regulations.


6. Demographics

The low birth rates affect the industry in multiple ways. The most outstanding one is the progressive diminution of the workforce.

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