Francisco has entered a partnership with Pedro, who is a key supplier, and wants to ensure that the partnership achieves all of Francisco’s goals. As well as qualitative and quantitative KPIs, what other measures could Francisco take to ensure the partnership is a success?
Debbie is a procurement manager at a small manufacturer company. She had a contract in place with a company that provides uniforms, but finds that she doesn’t need to order much from them as the staff re-wear the same clothes to work. The contract has now expired. Should Debbie do a Competitive Tender to source a new contract?
Which of the following are valid strategies for dealing with conflict? Select THREE
Which of the following are elements of a business that can develop a company's competitive advantage? Select THREE.
Phone Maker Incorporated is a manufacturer of mobile phones. It is considering investing in a partnership with its supplier of batteries and circuit boards as it wishes to produce new models of its phone more regularly. What is the main driver for Phone Maker Incorporated?
Harry has just entered into a partnership with a key supplier. Although he is excited about the prospect, he thinks it’s a good idea to set some goals and KPIs. Which of the following criteria should Harry use to decide if a KPI is appropriate?
The Public Sector in the UK is unable to enter into formal partnership relationships with any supplier. Is this statement TRUE?
Which of the following are NOT one of the four key principles of procurement in the EU?
Varying levels of commitment is one reason why many partnerships fail. Why is this?
In Public Sector procurement a PIN is sent out to inform suppliers of an upcoming tender opportunity. What does PIN stand for?
Cigarettes and alcohol are often described as having an ‘inelastic price’. What does this mean?
Which of the following are considered ‘wastes’ which can be removed from a business? Select THREE.
Which of the following are advantages for the buyer of entering into a partnership? Select TWO.