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Local Government Unit. Material Management Procurement. Presented by: Avelliano , Adamz Edd Garcia , Isaac C. Magadan , Edwin P. Vinero , Paul Vincent O. Yee, Ernesto BSIT-4101 01-A. Material Management Procurement System.
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Local Government Unit Material Management Procurement Presented by: Avelliano, AdamzEdd Garcia , Isaac C. Magadan, Edwin P. Vinero, Paul Vincent O. Yee, Ernesto BSIT-4101 01-A
Material Management Procurement System Almost all purchasing decisions include factors such as delivery and handling, marginal benefit, and price fluctuations. Procurement generally involves making buying decisions under conditions of scarcity. If good data is available, it is good practice to make use of economic analysis methods such as cost-benefit analysis or cost-utility analysis. An important distinction made between analyses without risk and those with risk. Where risk is involved, either in the costs or the benefits, the concept of expected value may be employed.
Procurement System • Transactions: • Bidding • Assessment • Awarded • Queries • List of transactions • List of users • Reports • A Summary list of bidders • Summary list of Purchasing item
Major Difference from other similar systems • Generate electronic reports • View Bidding Details • View Bidder Data • Determine the transactions occurred • Invoice details of items