COMM 226 Lecture Notes - Lecture 7: Augmented Reality, Supplier Relationship Management, I.R.S. Records
18 Sep 2017
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Document Summary
What are the fundamentals of a procurement: procurement: process of obtaining goods and services, 3 main activities, order, receive, pay it is the most common organizational process. How did the procurement process at cbi work before sap: 6 roles, notice item is below reorder point, look over previous purchases to discover a good supplier, determine his order quantity, create purchase order, order goods. Invoice: itemized bill: three way match: invoice matches purchase matches goods receipt, four databases are used in the procurement process, sales, 2 warehouse, 1 accounting, these result in information silos. What were the problems with the procurement process before. Internal control: systematically limit the actions and behaviors of employees, processes and systems within the organization to safeguard assets and to achieve objectives. How does cbi implement sap: strategy examination process has 3 activities, determine industry structure (porters 5 forces, commit to a specific competitive strategy, develop objectives and measures for processes to support the competitive strategy.
