Question: Differentiate between a REQUISITION and an RFP. (2 points). When is a REQUISITON used rather than an RFP? When is a RFP used? Why? In

  1. Differentiate between a REQUISITION and an RFP. (2 points). When is a REQUISITON used rather than an RFP? When is a RFP used? Why?
  2. In terms of competitive advantage, how might purchasing help in the development of superior performance? Explain using an example.
  3. Discuss in what ways purchasing and supply professionals could contribute to cost reduction. What steps would you take to build up your program of cost reduction?
  4. How would you compare truck mode of transportation from rail mode of transportation? What are some of the advantages and disadvantages for each of these modes of transportation?

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