Small and Medium Size Enterprises PowerPoint Presentation 2022

Small and Medium
Size Enterprises

Evaluation of merits and
limitation of strategic
procurement Strategic procurement is considered to be system and long term
approaches.
 It is used of acquiring current and future needs of the
organization.
 It is incorporated at a lower total cost of the ownership.
 It also has the lowest risks of supply lines.
 It is limited to the selection of customer services and merge with
other organizations.
 It also has its own limitation of selection.

Evaluation of merits and
limitation of tactical procurement
 Tactical procurement is classifies to be linked with short term.
 It has its own transactional activities.
 The management of Captify routinely be reactivated with the
help of purchasing and material supplies.
 The management of Captify also incorporates with the
application of productive operations.

Continuation
 The activities of Captify are limited to day to day manufacturing
of business data.
 The data driven factors leads to the creation of new data and
also the procurement of new data that is essential for the
success of the data.
 Buyers would be in the position of buying the orders with the
incorporation of lower prices.
 The delivery time of the services are minimum for Captify.

Selection of sourcing options
 The process of sourcing is done based on the extent of the
operation of the organizations.
 It is also dependable on the type of business that is undertaken
by the organizations.
 The manager of the organization is entitled for choosing the
option of sourcing.
 The various types of sourcing would be implemented with
business strategies and sourcing strategies.

Critical success factor of he
chosen sourcing options
 The success factor of the sourcing option for the organization is
dependable on the operations of the organization.
 It is also responsible for the creating particular traits.
 These factors would eventually be evaluated for finding the
success of the chosen sourcing factors.

Current best practices in
procurement field for Captify
 By the establishment of governing factors of supply chain
council.
 Proper alignment and staff allocation of supply chain
organization.
 Use of proper technological advancement while conducting
operation.
 Establishment of alliances among the key suppliers.
 Engaging in a collaborative strategic sourcing.

Major developments in
procurement field
 Creating a digital strategy of practices for incorporating
digitalization.
 Building of pool talents and the embracement of technologies.
 Thinking about the suppliers beyond the prices of the
commodities.
 Creating a process of risk management in the field and processes
of assessing the risk factors.
 Increasing the focus on indirect spendings.

Process of redesigning the
selected procurement method
 Identification of current requirements for accessing goods and
services.
 Identification of the necessary suppliers and evaluating those
factors for selection of suppliers.
 Negotiation of contract between the selected suppliers and the
managers of the organization.
 Raising a purchasing requisition for releasing the purchasing
order.

Continuation
 The process of receiving and auditing the requested goods and
the services.
 Maintaining a proper process of records for the invoices.
 Creating a proper process of circulation of the services from the
organization and the goods collected from the suppliers.

References
 Paradise, A., Preston, D.R. and Mercado, J.H., Intuit Inc, 2017. Systems and methods for purchasing
products from a retail establishment using a mobile device. U.S. Patent 9,747,631.
 Babakhani, N., Ritchie, B.W. and Dolnicar, S., 2017. Improving carbon offsetting appeals in online airplane
ticket purchasing: testing new messages, and using new test methods. Journal of Sustainable
Tourism, 25(7), pp.955-969.
 Gibson, A. and Debussy, A., eBay Inc, 2017. System and methods for upcoming event notification and
mobile purchasing. U.S. Patent 9,805,394.
 Cao, Z.Z., Chang, F.B., Chen, M.L., Ruan, Y.Q., Shuang, F.U., Liu, Y.D. and Yin, J., 2018. Purchasing
management of medical consumables based on drug exchange mode. Chinese Medical Equipment
Journal, 39(4), pp.86-88.
 Cao, Z.Z., Chang, F.B., Chen, M.L., Ruan, Y.Q., Shuang, F.U., Liu, Y.D. and Yin, J., 2018. Purchasing
management of medical consumables based on drug exchange mode. Chinese Medical Equipment
Journal, 39(4), pp.86-88.
 Molavi, J. and Barral, D.L., 2016. A construction procurement method to achieve sustainability in modular
construction. Procedia engineering, 145, pp.1362-1369.
 Stopka, O., Chovancová, M., Ližbetin, J. and Klapita, V., 2016. Proposal for optimization of the inventory
level using the appropriate method for its procurement. NAŠE MORE: znanstveno-stručni časopis za more
i pomorstvo, 63(3 Special Issue), pp.195-199.