TASK

You are hired as a procurement specialist at Simunye Traders. Simunye Traders has recently formed a procurement team and as part of your first task you are required TO report to inform the team of the following:

1. Efficient purchasing can contribute greatly to the overall profitability and prosperity of an organisation in two major areas. Discuss these areas. (4 Marks)

2. Explain the difference between a Request for Quotation, Request for Proposal and Request for Bid. (9 Marks)

3. As part of Simunye's procurement policy, consider four environmental issues that suppliers must be sensitive to. (8 Marks)

4. Discuss the aptness and suitability of either a close association and distant association type relationship for Simunye Traders. (20 Marks)

5. Explain the THREE (3) main levels of make or buy decisions your company will be involved with. (12 Marks)

6. Discuss SEVEN (7) reasons why Simunye should consider a global purchasing initiative. (7 Marks)