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Checklist of Potential Risks in the Procurement Process

Inviting you all to answer my questions

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Question added by Jahabar Sadiq Ifthikar , Procurement Manager , Compass PMC
Date Posted: 2014/03/30
Haneef Mohammed
by Haneef Mohammed , Seeking a new position , M.Haneef

price/ availibility with supplier/ quality/ cost category

Ravshanbek Abdullaev
by Ravshanbek Abdullaev , Accountant , Fajr Al Mustaqbal General Trading LLC

Combination of price, quality, time management (timeliness constraint) constraints and so on...

Renato Manuel
by Renato Manuel , Supply Chain Officer , National Mineral Water Co. SAOG

Payment terms (not as per the company standard)

Untested Supplier

Materials point or manufacturer origin

Very tight delivery time

No alternative supplier

 

Ameya Pai Angle
by Ameya Pai Angle , Summer Intern (Purchase and Warehouse Management) , Indoco Remedies Ltd

Logistics delay

Delay in selecting supplier

no backup supplier

fluctuation in market price

material rejection due to quality

long lead time

no space to store material in warehouse

price control by supplier due to monopoly

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