This is a "core knowledge" question as purchasing from a single source has unique risks that need to be minimized. Answering this question is fairly easy if you have good amount of experience in this industry.
You can explain what method you use for determining if the price is fair or not and why you trust your method.
Annual requirements contract to deliver file cabinets each month was issued. The contract did not say anything about who bears cost of uncrating and setting up cabinets in offices. The supplier has uncrated and set up cabinets first four months of contract. Now, supplier is refusing to uncrate and set up cabinets unless he can increase his price. Can I force supplier to continue to uncrate and set up cabinets in offices at same contract price?
Suppose if I would like to stop taking annual physical inventories. Is there an alternative to physical inventories?
What is sealed bid?
What is bonded warehouse?
How inventory turns calculated?
Is it important to track inventory turns?
When risk of loss pass to a buyer when goods are purchased FOB the buyer's plant?
What words "shall" and "may" mean?
Tell me is a contract that does not state any particular quantity valid?
Described disadvantaged business?
rendc.org
Whether it is technological solutions or user-oriented innovations, We have put together for you the best sources of HR Interview Questions and Answers, Tech Ideas, and Programming Tutorials."
Get all the latest information on rendc.org
© 2022 | All rights reserved.
RENDC
welcome to www.rendc.org
