March 2, 2022

The Evaluation Committee should conduct a financial evaluation and comparison to determine the evaluated price of each bid and determine the highest evaluated bid, which is substantially responsive to the requirements of the bidding document. The evaluated price for each bid should be determined by: Taking the bid price, as read out at the bid […]

The methodology for the evaluation of bids should consist of: Eligibility of the bidder. Compliance with the conditions of sale; The bid price quoted Where appropriate, the Procuring Entity may include additional evaluation criteria in the bidding document, which should be taken into account in determining the evaluated price of each bid. The contracts shall

Bids should be invited through the publication of an announcement of tendering proceedings. No pre-qualification should be conducted for disposing of stores, assets or equipment. Prequalification may only be resulted to with the prior approval of the PPOA. Contents of Announcement of Public Tender Sale Proceedings Where the Procuring Entity publishes an announcement of tendering

A Procuring Entity should undertake annual stocktaking of stores and valuation of assets and equipment and maintain an up to date inventory register. Procuring Entities should prepare a disposal plan for each fiscal year. Annual disposal planning should be integrated with applicable budget processes and based on indicative or approved budgets, as appropriate, for any

Disposal is a critical element of the stores, equipment and other assets management of a Procuring Entity. When any equipment is obsolete, its keeping, through maintenance costs, storage, parking, insurance, etc., may well exceed the returns that can be derived from that piece of equipment and the investment of additional monies. When stores are perishable,

Size of the Buying organization and consumption rates This may sound glib, but it is true. Take retail for example – if you have thousands of shops and significant buying power suppliers may be able to justify the management cost against the potential reward where the customer is considerably smaller suppliers may be less willing

A means of optimizing Supply Chain performance in which the manufacturer is responsible for maintaining the distributor‘s inventory levels. The manufacturer has access to the distributor‘s inventory data and is responsible for generating purchase orders. Vendor-managed inventory (VMI) is a family of business models in which the buyer of a product (business) provides certain information

Enterprise resource planning (ERP) is business management software—usually a suite of integrated applications—that a company can use to store and manage data from every stage of business, including: Product planning, cost and development Manufacturing Marketing and sales Inventory management Shipping and payment ERP provides an integrated real-time view of core business processes, using common databases

Distributions Requirements Planning is the method used by supply chain entities to plan orders in the whole supply chain taking into accounts the inventories to be kept along with buffer or safety stock, placing the orders with the manufacturer to replenish inventories to meet customer orders, etc. It is similar to materials requirements planning (MRP)

First problem with MRP systems – the integrity of the data. If there are any errors in the inventory data, the bill of materials (commonly referred to as ‘BOM’) data, or the master production schedule, then the output data will also be incorrect (“GIGO”: Garbage In, Garbage Out). Data integrity is also affected by inaccurate

The basic functions of an MRP system include: inventory control, bill of material processing, and elementary scheduling. MRP helps organizations to maintain low inventory levels. It is used to plan manufacturing, purchasing and delivering activities. “Manufacturing organizations, whatever their products, face the same daily practical problem – that customers want products to be available in

Material Requirement planning (MRP) is a technique used to determine the quantity and timing requirements of ―depended demand‖ materials used in the manufacturing operation. The materials can be purchased externally or produced in-house. The important characteristic is that their use is directly dependent on the scheduled production of a larger component or finished product, hence