Chapter 3: Sourcing

Question 1

What is scope

Answer 1

Using all the resources/assets/HR equipments to reach main goals

Question 2

What are the main goals in supply chain

Answer 2

Maximise efficiency, minimise risks and costs

Question 3

What are the tender objectives in the sourcing process to match procurement goals

Answer 3

Leveraging costs
Reducing risks
Generate new options & possibilities: development new products & markets…
Support & benefits by stakeholders: increase relationships, attractiveness

Question 4

What is the different steps of the sourcing process

Answer 4

1) Preparation: define objective, data acquisition, research on market
2) Pre-request/Tender: building design, check tender
3) Negotiation: compare offers, renegotiations
4) Contract: close contract
5) Implementation: accompany first delivery…

Question 5

What are the sourcing methods

Answer 5

it consists in finding the best supplier considering the specific situations
1) Direct nomination: direct purchase prioritized supplier
2) Idea and concept contest: detailing specifications
3) Tender/RFP/RFQ: identify best supplier for specific demand
4) Auctions

Question 6

what are the 4 different types of auctions

Answer 6

Dutch, English, Blind and Vickrey auctions

Question 7

What are the steps of the tendering process

Answer 7

1) RFQ/RFP Criteria
2) RFQ/RFP Preparation
3) RFQ/RFP Send out
4) RFQ/RFP Analysis and Assessment