Please identify a professional area of interest to you in procurement and contra

Business & Finance
Tutor: None Selected Time limit: 1 Day

Please identify a professional area of interest to you in procurement and contract management (e.g., a specific non-profit organization such as the federal government agency or an educational institution; or a specific profit-making organization). For the setting you have selected, please also identify at least two types of suppliers with whom you might regularly deal. What specific risks might you envision in successfully negotiating a contract with these suppliers?

Jul 8th, 2015

Thank you for the opportunity to help you with your question!

Purchaser for Nordstrom's. This requires procurement of clothing, shoes, accessories, and fashion-related items.

Suppliers:

1) Wholesalers. Contracts with wholesalers are required to fulfill inventory demands. Unique to this type of purchaser is the requirement to analyze all available options, as fashion changes and you cannot be stuck trying to move inventory no one will buy.

2) Outlets. Excess inventory that cannot be sold are usually given to outlet shops at a great discount.

Please let me know if you need any clarification. I'm always happy to answer your questions.
Jul 9th, 2015

Are you studying on the go? Check out our FREE app and post questions on the fly!
Download on the
App Store
...
Jul 8th, 2015
...
Jul 8th, 2015
Dec 6th, 2016
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer