E-Procurement

E-Procurement

Assessment

Assessment

Created by

Luesena Carroll

Education

University - Professional Development

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20 questions

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1.

Multiple Choice

30 sec

1 pt

The terms 'purchasing' and 'procurement' are often used synonymously but which of the following statements provides a more refined distinction?

Purchasing has a broader meaning than procurement

Procurement has a broader meaning than purchasing

Procurement is broadly equivalent to purchasing

None of the above

2.

Multiple Choice

30 sec

1 pt

E-procurement is not new and there have been many attempts to automate the process of procurement for the potential buyer by using:

Chip and pin technology

Electronic procurement systems

Radio frequency identification microchip

Electronic procurement

3.

Multiple Choice

30 sec

1 pt

There are benefits and practical considerations to take into account when introducing e-procurement. There are also different types or applications. Which one of these enables the purchasing company to buy goods and services that have the lowest price or combination of lowest price and other conditions through Internet technology?

E-informing

E-sourcing

E-reverse auction

E-tendering

4.

Multiple Choice

30 sec

1 pt

A recent study in 2010 reviewed the business benefits of adopting e-procurement and concluded that there were five key drivers. Which one is FALSE though?

Cost - improved through buyer leverage

Process - reduced cycle time

Control - lower levels of compliance and need for budgetary control

Supplier management - reduced supplier numbers

5.

Multiple Choice

30 sec

1 pt

To assess any new initiative, some evaluative process needs to take place. Riggins and Mitra recently created an evaluative framework that can be used for evaluating e-supply chain management as well as e-procurement. Some of the main dimensions are below but which one would contain the benefit of vendor-managed inventory?

Development

Production

Inbound

Planning

Outbound

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