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CALIFORNIA STATE UNIVERSITY CHICO FINANCIAL SERVICESACCOUNTS PAYABLE KENDALL HALL ROOM 208 CHICO, CA 959290243 5308986426 www.csuchico.edu/apCampus Travel ProceduresTable of Contents I.INTRODUCTION

How to fill out use of contracted suppliers

How to fill out use of contracted suppliers

1. Identify your needs and requirements for contracted suppliers.
2. Research and identify potential contracted suppliers that meet your criteria.
3. Determine the terms and conditions for working with contracted suppliers.
4. Create a contract agreement that clearly outlines the responsibilities and expectations of both parties.
5. Monitor the performance of contracted suppliers to ensure they are meeting the agreed-upon terms.
6. Maintain open communication with contracted suppliers to address any issues or concerns.
7. Regularly review and assess the effectiveness of contracted suppliers to ensure they continue to meet your needs.
8. Make necessary adjustments or changes to the contract as needed.
9. Keep documentation and records of the activities and interactions with contracted suppliers.

Who needs use of contracted suppliers?

1. Companies or organizations that require a consistent and reliable source of goods or services.
2. Businesses looking to streamline their supply chain and reduce costs.
3. Companies that have specific requirements or specialized needs that can be better met by contracted suppliers.
4. Organizations in industries where outsourcing certain functions or tasks is common.
5. Companies that want to focus on their core competencies and outsource non-core functions to contracted suppliers.

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What is use of contracted suppliers?

The use of contracted suppliers refers to the practice of utilizing suppliers that have been pre-negotiated and approved by a company for certain goods or services.

Who is required to file use of contracted suppliers?

Typically, procurement or purchasing departments within a company are responsible for filing use of contracted suppliers.

How to fill out use of contracted suppliers?

Use of contracted suppliers can be filled out by documenting the details of the supplier, the goods/services provided, and the contract terms.

What is the purpose of use of contracted suppliers?

The purpose of use of contracted suppliers is to streamline the procurement process, ensure standardization, and often achieve cost savings through negotiated rates.

What information must be reported on use of contracted suppliers?

Information such as supplier name, contract number, goods or services procured, contract start and end dates, and any relevant pricing details must be reported on use of contracted suppliers.