Global Procurement Essay Example | Topics and Well Written Essays - 1750 words

Global Procurement - Essay ExampleThe purchase in general includes the raw solid that would be needed, the kind of expertise that would be needed to be acquired, the capital and budget allocation (Monczka, et al., 2010,205). All these can be evaluated and estimated in advance in form of process purchase model. General steps of purchase process include the invoice, bidding, solicitation of bids, and purchase at hand (Howes & Robinson, 2005).The paper further looks into more or less suitable purchase process models, along with number of organizations and their activities as to how they go about the process purchase models. List of successful organizations has been presented in the paper which excuse how they have integrated and adopted the process models, what elements have been included and what other have been excluded.The model depicted in the figure has eight basic elements get-go with internal customers, and ending with the suppliers who provide the end product or service. The overall process model can be divided into two phases, with first four-spot elements making up for the first phase, while the second part consisting of latter phase. The first phase is preparatory and inside the laboratory phase, while the latter is clever to post delivery, evaluation and assessment in response to the product or service offered. The intermediate steps include specification evaluation, choosing the suppliers for respective process, formulating the contract procedures. honour up, supplier dealings make up for the final part of the entire process (Havey, 2009).While the model provides description of the two phases of overall activity, it fails to cover up number of sections which are important and should be part of the overall homework plan for the purchase process model. These activities include the followingThe first short approach shot is in form of scheduling. Scheduling enables knowing what to do and when to do. Scheduling enables