Why should the buying organisation require the supplier to carry out acceptance testing?
A procurement manager is requested to source a major component. She needs information on sup-pliers’ direct and indirect cost, fixed and variable costs to prepare for negotiations. Therefore, she collects 17 annual reports from potential suppliers who are competing in the same industry. In order to estimate an approximate value of fixed and variable costs in that industry, which of the following technique should be adopted by the procurement manager?
Which of the following are considered as direct costs in a construction company? Select TWO op-tions
When procuring a machinery, at which stage buyer must check whether it is working to the stand-ards set out in the design specification?