Order Description
Topics & Questions
a) Evaluate how strategy can be linked with an organisations purchasing strategy. In your answer, consider the role of a Supply positioning matrix model such as the Kraljic Model.
b) Outline an appropriate process/ framework which can be used to analyse, reduce and mitigate against risks. In light of this, appraise two key risks which a procurement function may face in the current climate and indicate appropriate action(s) which can be taken to reduce / mitigate these risks.
c) Explain key characteristics which the ‘right supplier’ will need to possess. Consider how you ensure that you evaluate and select the ‘right supplier’.
d) Having a good relationship with a supplier will usually assist in the process of contract management. Consider the spectrum of B2B relationship types, as well as the factors that affect the development of a close working relationship. In your answer, describe how an organisation can ensure that its supply base contributes to the company’s strategic objectives and purchasing goals.
In the light of the Procurement and Supply Management literature that you have read, evaluate and comment on the following topic headings.
• Use examples form cases/ companies that you are familiar with.
• Question a is compulsory and select two of the remainder
All reports should be presented as follows:
1- Table of Contents
2- Introduction
3- Subject Content to satisfy the learning outcomes above, (including a literature evaluation where necessary)
4 Conclusion
5- Bibliography
Any necessary appendices. Where possible include diagrams in the body of the report.
– Your report should have page numbers, a table of contents, an introduction and a conclusion.
Bibliography. All documentation should be properly referenced, including web sites. Keep a hard copy of web articles/ data used, as this may be requested.
note ( I hope you use from articles that i will upload them)