Project Control, Sustainability Policy and PowerPoint Presentation
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Assingment3Report.docxRunning head: PURCHASING ORGANIZATION METRICS REPORT 1
PURCHASING ORGANIZATION METRICS REPORT 3
Purchasing Organization Metrics Report
Zachary T. Trigger
UMCG
Purchasing Management
Professor James Swaim
February 23, 2020
To obtain suppliers for the muscles from turkey legs, heart of pigs, alligator claws, corn leaves and Kelp from the Chesapeake Bay, the company would need to consider the various legal ramifications of purchasing. There is need for the company to routinely sign purchase orders and contracts which commit them to the specific terms and conditions of purchase orders and contracts. There are several essential elements of a purchase order and they include:
I. The two parties, both the company and the suppliers, must be capable of delivering
II. The subject of the matter must be legal and valid
III. There must be mutual consideration
IV. The parties must reach an agreement by offer and acceptance.
All four elements have to be present for the contract to be legal. If any of the elements is missing it makes the agreement unenforceable before a court of law.
Several elements need to be clarified in the contract to ensure that there are no misunderstandings between the supplier and the company. The first is the quality of the raw materials that the suppliers will supply and this ensures consistency and surety of products the company receives. The second component highlights the cost of the raw materials, that is the price which the suppliers will supply the raw materials per unit. The duration before the raw materials are supplied should also be specified to allow the company to calculate the lead time and avoid running out of raw materials. Finally, the duration of payment should also be outlined in the contract to stipulate the time taken before payment is made.
REQUEST FOR PROPOSAL
Company name
Introduction
The company requests for proposals from qualified supplying firms to supply the raw materials required in the manufacture of products used in laboratory testing. For the production of the end product, different quantities of the raw materials will be required and this will be reflected in the request for purchase forms. The result of this request for proposal will be a contract for the supply of the raw materials as described below:
Purpose/anticipated results
The objective of the supply is delivery of the specific parts which are required by the company. The quality of the raw materials should be good as it would be determined by the company.
Tasks
1.0. Delivery of:
· Muscle from turkey legs
· Heart from pigs
· Alligator claws
· Corn leaves
· Kelp from Chesapeake Bay
2.0. The corn leaf supplier will be required to take over the processing of the material to produce enzymes that are mixed with the other four materials.
Proposals from potential suppliers are welcome and they should provide details on how the supply of the above mentioned tasks can be achieved.
Any questions regarding the request for proposal should be directed to the company before 30th February 2020.
The proposals should be made available to the company by 15th March 2020.
References
https://www.slideshare.net/myzamri01/the-legal-aspect-of-purchasing
https://tenderspage.com/everything-need-know-rfp-process/
https://www.nolo.com/legal-encyclopedia/the-ucc-contracts-the-sale-goods.html
