Adecco Group Procurement Team Lead Interview Questions and Answers

SCM focuses on the flow of goods and services from suppliers to customers, while operations management focuses on the internal processes of a company.

• SCM involves managing the entire supply chain, from sourcing raw materials to delivering finished products to customers.

• Operations management involves managing the internal processes of a company, such as production, inventory management, and quality control.

• SCM is focuse...read more

IT procurement cycle involves identifying IT needs, selecting vendors, negotiating contracts, and managing supplier relationships.

• Identify IT needs and requirements

• Research and select potential vendors

• Negotiate contracts and pricing

• Place orders and manage delivery

• Track and manage supplier relationships

• Evaluate and review performance

• Renew or terminate contracts as needed

Negotiations impact business life cycle by affecting costs, relationships, and outcomes.

• Negotiations can impact the cost of goods and services, affecting profitability and competitiveness.

• Negotiations can also impact relationships with suppliers, customers, and other stakeholders.

• Successful negotiations can lead to positive outcomes such as improved quality, increased efficiency, and innovation.

• Poor negotiations can le...read more