Preview

Vu Quang Trinh

Satisfactory Essays
Open Document
Open Document
499 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Vu Quang Trinh
Question1: B2B buying process of Home building company.

1. A need is recognized. Someone recognizes that the organization has a need that can be solved by purchasing a good or service. In this case, the home building company has a need in lumber for constructing.

2. General need dercription and product specification: Group of Engineer, accountant, Manager brought together to help make the buying decision, work to put some parameters around what needs to be purchased. In this case, they describe what kind of lumber they believe is needed, the features it should have, how much of it is needed, and so on. 3. Potential suppliers are searched for. At this stage, the people in home building company involved in the buying process seek out information about the products they are looking for and the vendors that can supply them. They look online first to find sellers and products, then telephone or e-mail the suppliers with whom they have relationships. Purchasing agents often play a key role when it comes to deciding which vendors are the most qualified. Are they reliable and financially stable? Will they be around in the future?

4. Qualified suppliers are asked to complete responses to requests for proposal (RFPs).Purchasing agent of home building company will sent to company’s sales organization that meet a requirement an invitation to submit a bid to supply the good or service. An RFP outlines what the seller is able to offer in terms of its product—its quality, price, financing, delivery, after-sales service, whether it can be customized or returned.

5. The proposals are evaluated and supplier(s) selected:the decision of choosing seller base on these criteria:

- The price

- The quality

- The valaibility of product.

- The Reliability of supply

Weyeehaeuser company’s chosen to supply lumber for home building company

6. An order routine is established. This is the stage in which the actual order is put

You May Also Find These Documents Helpful

  • Good Essays

    Trek Video Case

    • 485 Words
    • 2 Pages

    When potential suppliers at Trek are being identified, they are evaluated on four criteria- quality, delivery capabilities, price, and environmental impact of their production process. The focus on those four criteria allows the company to compare one supplier to another. Once a business is selected, it is continuously evaluated based on the elements of those four criteria.…

    • 485 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    proj 598 quizz

    • 821 Words
    • 4 Pages

    Conduct Procurements: This is simply the process of getting and obtaining all the sellers responses and selecting the best one that the best could help our project. Here the contract is being awarded as well.…

    • 821 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Problems Week 5 manj 340

    • 421 Words
    • 2 Pages

    Determine the evaluation criteria that you will use to select the preferred vendor(s) (e.g., low price, best value, etc.) [Are there different evaluation criteria for different business units? Why?];…

    • 421 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    IS4799

    • 675 Words
    • 8 Pages

    Page 6 RFP Procedures  Contact procedures • Methods to interact with client • During and after the bidder’s conference  Information opportunities • Client presentations • Supplemental information • Formal and informal questions • Questions from other…

    • 675 Words
    • 8 Pages
    Satisfactory Essays
  • Good Essays

    B120 TMA 01

    • 932 Words
    • 4 Pages

    Goods and services are provided to customer requirements as part of operations in the business.…

    • 932 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Request for Proposals

    • 26335 Words
    • 106 Pages

    SECTION 1 2 3 4 5 INTRODUCTION RFP SCHEDULE OF EVENTS PROPOSAL REQUIREMENTS GENERAL REQUIREMENTS & CONTRACTING INFORMATION PROPOSAL EVALUATION & CONTRACT AWARD…

    • 26335 Words
    • 106 Pages
    Powerful Essays
  • Good Essays

    After reading the sample request for proposal, it has been determined that the proposal does not meet the government’s standard form for solicitation. A typical form is much lengthier than the provided sample; however the information provided is very straight to the point. It does specify the services they would like to have performed and does ask the bidder to provide further information in their response. The official form would list other information like the deadline for final submission and would specify if there will be a bidders meeting. A typical RFP is about 12 pages long and would elaborate on the work that needs to be done or requested to be done. It would also call for specifications such as design, drawing and engineering and notate what the contractor is responsible for in terms of permits.…

    • 744 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Typically follows chronological order because the process is conveyed in the order in which the steps occur.…

    • 649 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Before the commercial equivalents, there’s the need and why it is needed. “Every acquisition is intended to fulfill a need. Therefore, the first step in the acquisition process is to determine what is needed and why” (Johnson, P. F., Leenders, M. R., & Flynn, A. E. 2010). Need identification depends on a number of things. The need is the start of the process. Once you have the need, then you can proceed with the commercial equivalents. The commercial equivalents are when the suppliers have an idea how to fulfill the need. For example, a person might say they have a leaky faucet. The need identified is a new faucet. With the need identified, the next step or stage is fulfilling that need. To fulfill that need, they go and bring the new faucet that won’t leak. Keeping the two separate helps to define the right needs and what to supply for them.…

    • 967 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Study Guide MRKT 488

    • 697 Words
    • 3 Pages

    - customer buying to satisfy a particular need or set of needs, focuses on the customer…

    • 697 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Asdsad

    • 933 Words
    • 4 Pages

    Give a brief overview of ‘needs’ from a theoretical perspective (see page 76 of the Davis textbook) and then provide a list of the needs of your particular project.…

    • 933 Words
    • 4 Pages
    Satisfactory Essays
  • Better Essays

    Many clients to the construction industry will often face a steep learning curve on their construction project or programme. To establish a valid and robust procurement strategy at the outset is considered a key aspect to achieving a successful outcome to their business or organisation objectives. A significant number of clients come into the category of either being described as occasional or inexperienced. They will rely on their appointed professionals to assist in their selection of the best-suited procurement path.…

    • 3692 Words
    • 22 Pages
    Better Essays
  • Good Essays

    Palliser Furniture

    • 764 Words
    • 4 Pages

    In 1944, A.A.DeFehr began creating household furniture from his woodworking shop in the basement of his home. This solo operation soon turned into a booming business with expansion opportunities, but also encountered challenges along the way. In 1964, this one man business, turned into DeFehr Manufacturing Ltd (DML), consisting of 50 employees working out of a 45,000 square foot building. The firm’s sales and annual revenue continued to grow between the 1960’s – 1970’s, with 20% of the sales coming from exports to the United States (U.S.). However, in 1975 they had to withdraw from exporting to the US due to the rising Canadian (CDN): US ratio.…

    • 764 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Strategic Plan Outline

    • 368 Words
    • 2 Pages

    This is written to the scope and level of content that an "outsider" can read the summary and grasp the vision, mission of the organization, its overall goals and objectives, major strategic issues and the key strategies implemented to attain the goals.…

    • 368 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    It’s a document that explains about a project and its requirements to the intending bidders.…

    • 1151 Words
    • 5 Pages
    Good Essays