Supply Chain Part 2 Flashcards

1
Q

What are the sourcing plan considerations? (5)

A
  • Projected Spend (Coordinate with the respective segment or stakeholders)
  • Cost Savings (highlight any opportunities)
  • Quality assessment (Review suppliers RIR for the previews year)
  • Classification (check if any classification or risk profile changes)
  • Future Projects (specify any known projects or initiatives over the next year)
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What is the process for approval of new suppliers?

A
  • Selection and award confirmation by sourcing personnel and stakeholders will be sent notification to suppliers.
  • Approved supplier set up.
  • (Sourcing personnel are responsible for ensuring a successful implementation by coordinating with Procurement)
  • Assignation on supplier manager
  • Supplier communication
  • Post Award finalization
  • Document storage
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What are the possible consequences of no contract? (6)

A
  • Increased chance of disputes
  • High risk of litigation in case of dispute
  • Disputes will be settled at “law”
  • Courts will defend implied duties/rights
  • Rapid deterioration of relationships
  • Time consuming debates, disputes
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What does PO stand for?

A

Purchase Order

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

What does SWPS stands for?

A

Schlumberger Web Procurement System

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Explain types of PO creation (5)

A
  • PO requests are submitted via 1-click to the Procurement Specialty Center (PSC)
  • Through the SWPS, PSC selects the items to be ordered out the catalog to generate a regular PO
  • If items aren’t in the catalog, or no catalog exist, but the supplier is in SWPS, then Special request PO can be created (needs to verify pricing)
  • Good Receipts(GR) has to be created in SWPS within 3 days (Buyers Manual)
  • A 3rd PO type that can be generate is the “after the fact PO”- Not allowed.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Explain types of Supplier creation (3)

A
  • If suppliers are on the Approved Supplier List (ASL) the requisition for goods or services can be processed.
  • If the supplier does not exist in ASL we must involve the Sourcing department in order to identify a suitable supplier
  • In some cases, local sourcing may be completed, each area shall have their own approved criteria that will define under what criteria a procurement person can source.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly