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WorksheetsPurchasing & Procurement
Total questions: 10
Worksheet time: 3mins
The crucial buyer’s job:
Determining the best price
Determining how much to buy
Determining the optimum time to make the purchase
Determining which product or service meets the needs of the organization
McDonald and Burger King:
Independent Operation
Small “Owner-op
Medium sized operation
Multi-units and Franchises
The first step before purchase raw materials:
Identify sub category.
Plan menus.
Contact vendor
Determined item spesification.
Ahmad Wakanda decided to buy the instant pineapple filling instead making it from scratch.
What if analysis
make-or-buy analysis
value analysis
Forecasting
Siti Talia Al-Ghul predict that her next bakery shop will be high traffic due to her awesome feedback inviting K-pop artist to her shop.
What-if analysis
make-or-buy analysis
value analysis
forecasting
Chef Leklupaperoger have propose with proof of using vanilla essence instead of vanilla pod in his cupcake, and his boss decided to proceed with this method to reduce cost.
What-if analysis
Forecoasting
Value analysis
make-or-buy analysis
Using mathematical equation to analyse future food cost.
What-if analysis
make-or-buy analysis
value analysis
forecasting
The utmost activity of purchasing?
Maintain quality
Minimize investment
To get the lowest EP cost
Maintain adequate supply
Dora the buyer less knowledgeable about food, therefore she always deliver improper substitute food ingredients without consult from the supplier and her chef.
Problem of the buyer
Purchasing objective
Research activities
Purchasing activities
The 2nd important in purchasing activities:
Maintain quality
Minimize investment
Maintain adequate supply
Obtain the lowest possible EP cost
