Name 3 elements included in the PJ (Price Justification)
Competition Code, Supplier Comparisons, Source Selection, Lead time, Exceptions, Procurement History, Price Analysis, GII
Procurement Manual
What is the screen you use to show previous quotes?
ZQUOT
True or False
The buyer is responsible for Order Placement
True
What does an RV show you
Authorization and signal to order a quantity of parts
What is the comparison to current or recent prices resulting from competition?
Adequate Price Competition
What % of the order should be accurate when it is released to Internal Audit?
100%
What is it called when a supplier responds but does not provide pricing details
No Quote
What is the screen you use to show previous and current schedule agreements by part number?
ME3M
Who is the Chief Operating Officer of Pratt and Whitney
Shane Eddy
What does the supplier certify that is current, accurate and complete as of the date of agreement?
Cost or pricing data
What competition code identifies more than one supplier quoting and the 2nd to lowest bid is selected?
N Code - Non competitive
What code is used when a you must go to a particular supplier as dictated by engineering or the customer?
S - Sole Source
Sole Source - Engineering/ESAs dictates
Single Source - Customer dictates
It is acceptable to call Supplier A and tell them they are higher in price than Supplier B as long as it is before the bids are due. True or False
False
Who is the GM of MSEN
Steve Rogers
Who has the right to reduce prices if cost or pricing data is considered "defective".
The US Government
What are the two price codes?
F: FFP (Firm-Fixed Price)
J: PIE (Price in Effect)
What is the threshold for a verbal RFQ?
$25,000
True or False
All exceptions are shown in ZQUOT
False
What portion of the order can the supplier not see?
The price justification (and the internal header)
What law prohibits a supply chain professional at PW to accept a gift or anything of value for the purpose of improperly obtaining or rewarding favorable treatment.
Anti-KickBack Act
Who reviews schedule agreements after it has passed through its "A" releases?
Internal Audit
What is the binding period?
Date until which the quote can be used for creating an order
Who is the Sr. Director of Cold Section Module Center
Grady Dagenais
Who is Ruben Harris?
Ruben Harris is the Vice President of Supply Chain