P Env, Cycle & Planning
Includes sourcing, procurement and inventory management.
What does supply chain encompass?
Choosing the least cost offer
What is Least price selection?
Tuna, Cheese, pepper.
Name some specifications in a Tuna sandwich?
Used to discover inconsistencies in weight criteria.
What is the purpose of consistency ratio?
Price can not change unless there is a change request, change is limited by maximum 15%, and most risk is on supplier.
What is a fixed price contract?
Transparency
Appeal rights
Integrity
Fairness
...
Name the principle of procurement .
Choosing the qualifying technical offers, then choosing the least cost.
What is two envelope selection method?
An association that has telecom reference models such as TAM, eTOM and SID.
What is TM Forum?
Used to negotiate best and final price with suppliers.
What is BAFO used for?
I will charge you all invoices and have an extra 20%.
Give me an example on a cost + contract?
Works
Goods
Nonconsulting
Consulting
What are procurement categories?
Choosing the qualifying technical offers multiplied by a percentage plus the qualifying commercial offers multiplied by percentage.
What is the QCBS?
We use it when we do not know the requirements, and we need to know about market capabilities.
When we should use RFI?
Born on July 1926 and dead on august 14th 2017 and discovered one of the source selection methods.
Thomas L. Saaty
We need to go straight with a time and material contract!
What type of contracts is used for emergency?
Bill of Materials
Past consumption analysis
What are the Estimation techniques for procurement plans?
Media and press, Catalogues, Associations
Name some of the market analysis sources?
Preparation Stage
Invitation to Tender
Response management stage
Contract award stage
Contract management stage
What are procurement stages?
Principled
Has objectives
Able to make decision
Active listener
Good communicator
Able to control emotions
Open to reason
What are the characteristics of a good negotiator?
We will charge the cost, time and material since we can not agree on this unexpected extra scope.
What is a force account?
High Impact and risk, High value and Importance SRM and Sourcing, promoted by CISCO in the year 2000.
What is vendor management? And when it became mainstream on enterprise level.
Key processes within the organization based on levels and description.
Covers people, process and technology.
Used to aid and help with requirements.
What is an Operating Model?
strategic plan that defines a goal or desired outcome and includes the major steps or milestones needed to reach it.
What is a roadmap?
I can't agree to shorten the schedule by 6 months, I have only been authorized to offer 3 months.
It is the best form to build consulting contracts upon.
What is the best application for terms of reference (TOR)?