Elements of Supply Chain MGT 1. Procurement
Elements of Supply Chain MGT 1. Procurement
1. Procurement
Outline
• Introduction to Procurement
• Procurement Vs. Purchasing
• INCOTERMS
• Procurement Management Process
– Procurement Simulation
– Landed Cost Analysis
Procurement
-CIPS Definition
Sourcing
Sourcing Events
– Profile Category/Need & Supply Market
– Identify potential Sources
– Generate & Evaluate Supplier Portfolio
– Select Suppliers & Integrate in to Supplier
Database
• Supplier Development
• Vendor Database Management
– Category Management
Procurement Solicitation
RFI – Request for Information
An open enquiry that spans the market seeking broad data
and understanding.
Commercial Equalization
NEXT LECTURE
• Taxation (GST, SST, & WHT)
• HS CODES
• Landed Cost Analysis
• Customs Clearing Process
– IGM & EGM
– EIF
– GD
• Payment Modes (OA, TT, CAD, LC)
• Shipping Documents
• Contracts & Contracts Management
• Procurement Closing