What is that?
What SRM stands for
what is Supplier Relationship Management
(blank) focuses on being a good business while doing good business.
What is social procurement?
The amount of stages of process commonly
what is 5 stages
the things we want from a successful negotiation
Satisfactory outcome, efficient outcome, two-way conversation
This type of spend relates to the items not used to produce finished goods, but supporting requirements to keep the organization running
what is indirect (middle)
Procurement matches the needs of (blank) with the capabilities of (blank)
what is Organisational needs and supply market capabilities
True or false? Procurement ends when the contract is signed.
What is false (contract & performance management follow)
This is one of the main reasons for stakeholder resistance
What is acceptance of change and rising uncertainty
People who work in procurement are not what
What is the middle man
A contract is an agreement between a (blank) and a (blank)
Four things need to be specified in a contract
what is obligations, compensation, risk, procedures
This is a complete and accurate statement of what you need from a supplier.
What is a Scope of Work?