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Kingsley Atkins

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Q: What are disadvantages of variety reduction in procurement?
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What are the Advantage and disadvantages of traditional procurement?

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What are the steps involved in variety reduction?

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What is the Difference between variety reduction and Standardization?

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What are the advantages of variety reduction in a company?

The Advantages of variety reduction are well known and can mostly beassessed in terms of hard cash, taking due account of the additional cost reduction effects on associated parts and operations


What is the Purpose of procurement in business organizations?

The purpose of procurement within a business organisation is the:extraction of maximum value from each Supplier for the benefit of the businesses goals/objectives;reduction of cost to the business over time;Elimination of cost to the business over time.


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How can you compare project procurement strategy with corporate procurement strategy?

Compare and contrast the two basic procurement strategies of corporate procurement and project procurement


What is a Procurement departments?

A procurement department is a kind of a department which handles all the activities related to procurement, like procurement services, procurement strategy, supply chain management etc.


What is the difference between E procurement and traditional procurement?

1. A traditional procurement process is a collection of many processes by interacting with other departments of a company or with the supplier. Whereas e-procurement means electronic procurement or online procurement. 2. Traditional procurement can be done by face-to-face, or via telephone. E- Procurement can only be done through online. 3. Traditional procurement is costly E-Procurement is cost effective.