Introducing the Procurement Process

Introducing the Direct Materials Procurement Process

Identifying the Indirect Materials Procurement Process

Identifying the Services Procurement Process

Identify Stock Transfer Business Process

Exploring Compliance in Procurement Processes

Investigating Procurement Analytics

Determining Integrational Aspects

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Knowledge quiz

It’s time to put what you’ve learned to the test, get 3 questions right to pass this unit.

Choose the correct answer.

It allows the product to be purchased without any restrictions.

It issues a warning and may block the item or entire business document depending on the check results.

It automatically approves the product for transportation.

It bypasses the check if the product is from an approved supplier.

Choose the correct answer.

Publishing the contract workspace

Approving the contract compliance request

Creating a purchase order

Setting up a hierarchical relationship for contracts

Choose the correct answer.

To increase procurement efficiency by bypassing complex regulations.

To ensure fair and transparent operations, mitigate legal risks, and uphold ethical standards.

To limit the number of suppliers and streamline the procurement process.

To prioritize cost savings over legal obligations and compliance.

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