P * Procurement Definition: A basic definition for the procurement is “the way the building is realised” and “involves assembling and organising the skills and services of a team of construction professionals”. (the Construction Round Table‚ 1995). More precisely‚ the construction industry describes procurement as “a system that establishes the roles and relationships which make up a project organisation”; hence the overall organisation and communication structure for the management‚ administration
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1993-8233 ©2012 Academic Journals Full Length Research Paper Factors influencing the selection of procurement systems in the South African construction industry Mathonsi‚ M. D. and Thwala‚ W. D. Department of Construction Management and Quantity Surveying‚ Faculty of Engineering and the Built Environment‚ University of Johannesburg‚ P. O. Box 524‚ Auckland Park 2006‚ Johannesburg‚ South Africa. Accepted 17 October‚ 2011 Procurement systems are vital in ensuring the successful implementation
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European Economic Review‚ vol 8‚ no 11‚ pp 1396-1422 Bozarth CC‚ Handfield R B 2006‚ Introduction to operations and supply chain management‚ 2nd edn‚ Pearson Education‚ New Jersey Chopra‚ Sunil and Peter Meindl‚ 2004‚ ‘supply Chain Management: Strategy‚ Planning‚ and Operations‚ Englewood Cliffs‚ Prentice Hall‚ NJ Horning FN‚ McCann J‚ 2003‚ ‘Cycle Time Reduction Gives life to Productivity’‚ Inbound Logistics‚ viewed 27 March 2012‚ < http://www.inboundlogistics.com/cms/article/cycle-time-reduction-gives-life-to-productivity/>
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[pic] MZUMBE UNIVERSITY SCHOOL OF BUSINESS DEPARTMENT OF PROCUREMENT & LOGISTICS MANAGEMENT TERM PAPER SUBJECT NAME: E-PROCUREMENT AND SUPPLY CHAIN MANAGEMENT SUBJECT CODE: LOG 5652 PROGRAMME: MSc (PSCM) NAME: JUMA‚ JUMA R REG NO: MSc/PSCM/MZC/004/T.12 STUDT TITLE: Critically asses the application of e-supply chain management in Tanzania Abstract Electronic business is the process which uses Internet technology to simplify certain company
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against corruption in public procurement? Gustavo Piga1 ‘When I use a word’‚ Humpty Dumpty said‚ in rather a scornful tone‚ ‘it means just what I choose it to mean – neither more nor less.’ ‘The question is’‚ said Alice‚ ‘whether you can make words mean so many different things.’ ‘The question is’‚ said Humpty Dumpty‚ ‘which is to be master – that’s all.’ (Through the Looking-Glass‚ and What Alice Found There‚ 1871‚ Lewis Carroll) 1. Introduction Public procurement is said to account for between
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Procurement Management Marketing 432 What is Procurement Management? Today‚ different organizations employ various management techniques to carry out the efficient functioning of their departments. According to the Project Management Institute’s A Guide to the Project Management Body of Knowledge‚ “procurement management is the process required to acquire goods and services‚ to attain project scope‚ from outside the performing organization” (Ruskin‚ 1995). Procurement management is known
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OUTSOURCING PROCUREMENT IN THE NIGERIAN INFRASTRUCTURE CONSTRUCTION INDUSTRY: A POTENTIAL FOR INCREASING PERFORMANCE This research is not concerned about procurement in terms of project delivery‚ but procurement as a business function concerned with securing the inputs to the construction process. Some theories use different terms when describing the purchasing process and structure. However‚ it is assumed that the terms Supply Management‚ Purchasing and Procurement have similar meaning. Thus‚
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Role of Procurement within an Organization: Procurement : A Tutorial 1 Published on: Jan‚ 26‚ 2011 by: Robert Handfield‚ PhD Role of Procurement within an Organization Overview Key Procurement Objectives: OBJECTIVE 1 – Support Operational Requirements OBJECTIVE 2 – Manage the Procurement Process and the Supply Base Efficiently and Effectively OBJECTIVE 3 – Develop Strong Relationships with Other Functional Groups OBJECTIVE 4 – Develop Integrated Purchasing Strategies That Support
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Procurement plan The procurement plan for the NHS hospital development may be undertaken through the following steps and processes: 1. Procurement guidelines: a) Goods and services shall be procured under and in accordance with NHS guidelines and provisions outlining the functioning and operation of such procedures. b) Outsourced services‚ consultants‚ off-branch goods and services are to be procured in accordance with the requisite NHS guidelines and project specifications. c) Standard bidding
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CHAPTER 1 – Purchasing and Supply Management The Financial Significance of Supply Management Profit-leverage effect – A decrease in purchasing expenditures directly increases profits before taxes (assuming no decrease in quality or purchasing total cost) Return-on-assets Effect – A high ROA indicates managerial prowess in generating profits with lower spending (caveat – ROA ratios vary from one industry to another) Inventory Turnover Effect – Increased inventory turnover indicates optimal utilization
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