QUIZ - SUPPLY CHAIN - MODULE 1 & 2

A written document where a seller offers goods or services to prospective buyers.

• Sales Proposal

• Product Quotation

• Supplier Search

A document that contains specific products offered by a company as well as the prices per product.

• Sales Proposal

• Product Quotation

• Supplier Search

An event when a buyer tries to find the best vendor.

• Sales Proposal

• Product Quotation

• Supplier Search

A strategic method where in we check the ability of the supplier to supply the: right product or service, place, time, condition, quantity and cost.

• Suppliers Identification

• Supplier Evaluation and Selection

• Make-versus-Buy & Outsourcing

A strategic method that undergo the process of checking the legitimacy of the supplier through several factors like research and background check.

• Suppliers Identification

• Supplier Evaluation and Selection

• Make-versus-Buy & Outsourcing

A strategic method activity that was or could be performed internally but it's done by an outside provider instead.

• Suppliers Identification

• Supplier Evaluation and Selection

• Make-versus-Buy & Outsourcing

The search for and selection of suppliers anywhere in the world.

• Global Sourcing

• Ethical Sourcing

• Supplier Relationship Management

To bring positive social change through organizations buying behavior.

• Global Sourcing

• Ethical Sourcing

• Supplier Relationship Management

A commitment over an extended time to work together to the mutual benefit of both parties

• Global Sourcing

• Ethical Sourcing

• Supplier Relationship Management

To enter into a formal and legally binding agreement.

• NEGOTIATIONS

• CONTRACTING