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240114238630 Unique IdentifierInvitation to TenderRevisionRev 3Revision Date July 2020 Procurement and Supply Chain Management (PCM) Inquiry nonstop HOLDINGS SOC LTD INVITATION TO TENDER FOR The manufacture,
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Identify the procurement and supply chain needs of your organization.
02
Develop a procurement strategy based on your organization's requirements.
03
Create a procurement plan that outlines the steps and timeline for procurement and supply chain activities.
04
Carry out market research to identify potential suppliers and evaluate their capabilities.
05
Issue a request for proposal (RFP) or request for quotation (RFQ) to potential suppliers.
06
Evaluate the received proposals or quotations and select the most suitable suppliers.
07
Negotiate contracts and finalize the terms and conditions with the selected suppliers.
08
Monitor and manage the performance of the suppliers to ensure timely delivery and quality of goods or services.
09
Maintain effective communication and collaboration with the suppliers to address any issues or changes in requirements.
10
Continuously review and improve the procurement and supply chain processes for optimal efficiency and cost-effectiveness.

Who needs procurement and supply chain?

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Organizations in various industries, including manufacturing, retail, healthcare, logistics, and construction, need procurement and supply chain.
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Government agencies and non-profit organizations also require effective procurement and supply chain management.
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Any organization that needs to acquire goods or services from external sources and ensure their timely delivery, quality, and cost-effectiveness benefits from having a robust procurement and supply chain function.
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Procurement is the process of obtaining goods, services, or works from an external source. Supply chain is the network of all individuals, organizations, resources, activities, and technology involved in the creation and sale of a product, from the delivery of source materials from the supplier to the manufacturer, through to its eventual delivery to the end user.
Any organization or individual involved in the procurement and supply chain process may be required to file reports.
Fill out the required information accurately and completely, ensuring all relevant details are included.
The purpose of procurement and supply chain is to effectively manage the sourcing, purchasing, and delivery of goods and services to meet the needs of an organization or individual.
Information such as vendor details, purchase orders, delivery schedules, payment terms, and performance metrics may need to be reported on procurement and supply chain.
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