Procurement and Supply Management Batch 06
Procurement and Supply Management Batch 06
Unit aims
The unit seeks to provide learners with a thorough understanding of procurement and supply
management from a strategic, technological, process and relationship perspective. The goal
is to provide insights on the role of procurement within supply chain management, the tools
and techniques to assess sourcing options, the negotiation and contractual issues
encountered with suppliers, effective supplier relationship management and technological
enablers in procurement.
relationship management.
Scenario:
You are tasked with revamping the supply chain to find alternate providers. You have a team
of 10 employees who will do the groundwork. You are tasked with providing them a briefing
so that they are ready to negotiate with the potential suppliers to secure favourable deals for
the company.
Task 1 of 1 Essay
Instructions
Your briefing will be in an essay format and will consist of the following two parts:
Part A
1. Analyse the different sources of value addition in procurement.
2. Explain the main aspects of sourcing processes.
3. Based on your organisation, analyse the impact of organisational policies and
procedures on procurement.
4. Compare the different structures of a procurement function.
5. Explain how costs and prices can be estimated for procurement activities.
6. Based on your organisation, explain the main processes used for obtaining
quotations and tenders from suppliers.
7. Based on your organisation, develop selection and award criteria with regards to
selecting suppliers.
8. Evaluate the role of technology in enhancing the efficiency and effectiveness of
procurement.
(LO1, AC1.1, 1.2, 1.3, 1.4 and LO2, AC2.1, 2.2, 2.3, 2.4)
Part B
1. Explain the main types of contractual agreements between customers and suppliers
2. Compare the types of approaches that can be pursued in commercial negotiations
3. Evaluate the main methods that can influence the achievement of desired outcomes
4. Apply portfolio analysis techniques to assess relationships with suppliers
5. Explain the main approaches to conflict resolution in commercial contracts
6. Explain the main techniques for supplier relationship management
1x Word file (circa 4500 words excluding TOC, diagrams, references and
appendices)