Question: Improving process efficiencies for small orders includes all except __________ A. Use requisition calendar systems B. Systems contracting C. Placing all orders immediately upon receipt

Improving process efficiencies for small orders includes all except __________

A.

Use requisition calendar systems
B.

Systems contracting
C.

Placing all orders immediately upon receipt of the purchase requisition.
D.

Vendor managed inventory agreements
E.

Use of P-cards

Not a benefit of informations systems in the procuement and material management process.

A.

Accuracy
B.

Software maintenance.
C.

Controls based on value of goods
D.

Easy data access
E.

Fast communication

Two or more computers communicating directly in the procuement process.

A.

Online catalogs
B.

Extranet B2B marketplaces
C.

Online Auctions
D.

EDI
E.

Online Consortium

A clear specification does not exist and the buyer wantds to determine which suppliers can deliver a good solution at the best value.

A.

Request for bid, RFB.
B.

Request for information, RFI
C.

Request for proposal, RFP
D.

Request for suggestions, RFS
E.

Request for quote, RFQ

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