explain the technical specifations,functional specifications and performance specifications are and give examples

This document contains ink, shapes an... V The SARB and the cash supply chain The cash supply chain consists of numerous interconnected collaborators and multiple paths to and from the consumer, including significant reverse logistic flows. Retailers Reladura and other Cash and ulle Commercial consumers cash Commercial nodns SANS ATM ATM BARN Printing operations opMaton works Reverse logistic flow 3. The SARB has the sole authority to produce, issue and destroy South African currency, and is entrusted to ensure the availability and integrity of the South African rand. The Currency Management Department of SARB is responsible for managing and overseeing the cash supply chain, from planning, distribution and issuance, to destruction of cash. Printed banknotes are transported from the subsidiary to cash centres for issuance to commercial banks. The SARB's cash centres are located in Johannesburg, Durban and Cape Town and are not open for transactions with the public. Assume that SARB goes on a procurement process to procure inhouse vehicles that will transport cash from the subsidiary to cash centres for issuance to commercial banks. Highly specialized cash in transit vehicles would be procured. SARB would need to communicate the specifications; that is precise parameters or standards that a supplier must meet in order for the purchase (vehicles) to be accepted by the buyer. 3.1 Explain what the technical specifications, functional specifications and performance specifications are and give examples that SARB would use to communicate these to a supplier. Use a table to answer this question. (15) Specification What it is (describe it) Examples of such specifications: the vehicle must..... Technical 1 . 2 Functional 1. 2. Performance 2. 4. One of the most significant determinants of sourcing decisions generates from the nature of changes in the market. Discuss the dimensions of market analysis that South African Reserve Bank may consider while making sourcing decisions. (25)