Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hi Dear Tutor, Could you please kindly explain the below questions in the context of Supplier selection : a. Please explain: - Some methods that

Hi Dear Tutor,

Could you please kindly explain the below questions in the context of Supplier selection:

a. Please explain: - Some methods that could be used to identify a range of potential suppliers - How the capability of the selected potential suppliers, to fulfil the project's procurement needs, would be determined. Include probity and governance requirements in this discussion.

b. Please explain a typical Request for Quotation (RFQ) process that would solicit responses from short-listed suppliers.

c. Please explain the process that could be used to evaluate responses from potential suppliers, how the preferred supplier would be selected and what terms and conditions might be negotiated.

Thanks in advance.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Matching Supply with Demand An Introduction to Operations Management

Authors: Gerard Cachon, Christian Terwiesch

3rd edition

73525200, 978-0073525204

More Books

Students also viewed these General Management questions

Question

calculate and interpret fi nancial ratios used in credit analysis;

Answered: 1 week ago