IT Knowledge Sharing Session

Ivalua Source to Pay Solution Supports Following Processes:(Choose the correct Answers)

• Vendor Onboarding

• Sourcing with E-auctions & Contracting/PO Awarding

• Sending Legal Notice on Non-compliance to Suppliers

•   Invoice & Payments

• Managing Warehouse stock

RFx is a general term encompassing various formal requests as following: (Choose only one correct Answer)

• Request for Vendor Registration, Request for Quotation, Request for Negotiation

• Request for Proposal, Request for Payment, Request for Approval, Request for Quaotaion, Request of Expression of Interest 

• Request for Proposal, Request for Expression of Interest, Request for Quotation, Request for Information

• Request for Quotation, Request for Negotiation, Request for Expression of Interest

e-Procurement Platform covers the following functions: (Choose the correct Answers)

•   e-Sourcing

• e-Tendering

• e-reverse/forward auctioning

• e-NFA & e-ordering with Spend Analysis

• e-Supplier Identification & Selection in initial phase

What are the Different Strategies of Sourcing: (Choose the Wrong Answer)

• Volume Purchase, Long Term Contracting, Make or Buy

• JIT, Technology Transfer along with Vendor collaboration

• High price Negotiation promising OTIF by Supplier, Forward Auction apart from OEM Supplier

• BG/SD, Sealed Bid & round table negotiation for better price

SAP stands for: (Choose the Correct Answer)

• Statutory, Application & Processing of Data

• Statutory, Adoption & Products in Data Processing

• Systems, Application & Products in Data Processing

• Synchronize, Application & Products in Data Processing