LESSON TWO NOTES - AssocProfLauGeokTheng EnsuringSupply...

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Assoc Prof Lau Geok Theng
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Ensuring Supply  Make or Buy Multiple, Single and Sole Source Reverse Marketing  Supplier Development Early Supplier Involvement
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Lowering Costs Initial Price and Total Costs Value Analysis
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Ensuring Quality Product Specifications Standardization Inspection vs Statistical Process Control  Vendor Certification and External  Certification Total Quality Management 
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Planning Requirements Inventory Management MRP I & II Just in Time Enterprise Resource Planning
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Product Decisions Need Recognition General Description Approval to Proceed Search Product Specifications
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Supplier Decisions Supplier Search and Short Listing Call for Proposals Evaluation Supplier Selection
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Purchase Execution Issuing Offer Letter and Contract Signing Install Procedures Issuing Purchase Orders Supplier Evaluation
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LESSON TWO NOTES - AssocProfLauGeokTheng EnsuringSupply...

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