Case Questions
Use your textbook and a minimum of three expert resources (total) from the internet to answer the following questions regarding this case study.
Question 1. Suggest and explain the specific steps Brandt should follow to prepare for the EDP process
Question 2. Identify differences between traditional purchasing and use of e-auctions. How can Brandt use these differences to make his selection? What types of items would be best suited for purchase through e-auctions?
Question 3. Assume Brandt has identified products to purchase through e-auctions, what steps does he need to take to conduct a successful e-auction?
Question 4. What negative impact can e-auctions have on supplier relationships, and how can Brandt ensure that they do not occur?
Sample Solution
In order to prepare for an effective e-procurement process, Brandt should first develop a clear understanding of the organization’s requirements and objectives. This involves analyzing current challenges in the procurement process and identifying areas where improvements can be made. Additionally, it is important to establish key performance metrics that define success and set goals accordingly. Once this is established, Brandt will need to research potential vendors and prioritize them based on criteria such as their reputation, pricing models, delivery times, quality of goods/services etc.. After completing all necessary background analysis he can then move onto exploring different methods of procurement including traditional purchasing or use of e-auctions.
Sample Solution
In order to prepare for an effective e-procurement process, Brandt should first develop a clear understanding of the organization’s requirements and objectives. This involves analyzing current challenges in the procurement process and identifying areas where improvements can be made. Additionally, it is important to establish key performance metrics that define success and set goals accordingly. Once this is established, Brandt will need to research potential vendors and prioritize them based on criteria such as their reputation, pricing models, delivery times, quality of goods/services etc.. After completing all necessary background analysis he can then move onto exploring different methods of procurement including traditional purchasing or use of e-auctions.