#Procurement Management

Procurement Management

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Question 1 1. In recent years, reverse auctions are widely used by sourcing professionals. Evaluate the benefits of the reverse auctions in a procurement process. [25 marks] 2. Negotiation is an important stage in any procurement activitiy. Examine situations where buyer’s negotiation power is strong. [25 marks] Part B (50 marks) Answer ALL questions. Read … Read more