Eastman Case

southeasterly University Case Study- Week 3 Team 3- Lindsay Love, NirajVaria, Kannan Narayanan Southeastern Universitys centralized purchase department supports more than 25,000 at a lower place polish and graduate students and about 3,500 staff. There argon 12 facilities, many chronic education and certification programs and three attached colleges. The purchasing department, direct by Blake Hyatt, is responsible for negotiating, signing contracts and maintaining those contracts with suppliers. lately a P-Card formation had been introduced for eligible goods and services less than $ carbon0 and purchases at a lower place $100 can be cargo aread with petty cash.The ultimate purpose is to manage and put contracts in place when possible to pay off to the superlative cost savings. The purchasing process begins when a look out over is submitted to the department. From that shoot the requisition is stamped with the time and date and checked for tight-laced soupcon authorization, and if necessary, the requisition is sent to the research accounting component in the finance department for account approval. Other information, such as tax and duty status, product classification and supplier status, is added to the requisition.

The requisition form allows for the preferred supplier to be provided scarce policyrequires a solicitation of at least two scripted quotations for purchases in pointless of $7,500 and at least three quotes for purchases in excess of $15,000. Additionally, all purchases over $100,000 must be post on the internet. One of the emptors then prepares an RFQ which is submitted to the approved supp! liers that can handle the work. in one case all bids are received, the buyer evaluates and selects the best supplier and issues a purchase arrangement.The selection criteria to compel an approved supplier are weighted based on: price 50%, respectfulness with specifications 25%, service 20% and partnership 5%. The purchasing department maintains a careen of 1200 approved suppliers, which is adjusted both three to...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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