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Discuss the hierarchy of plans within an organization

Assignment Help Supply Chain Management
Reference no: EM132812293

Strategic in Public Procurement

TASK 1 - Strategic Procurement Planning

Discuss the hierarchy of plans within an organization and explain the relationship between the different sets of plans. Explain the purpose of a Corporate Procurement Plan and outline in detail the different steps involved when developing a Corporate Procurement Plan for your own organization, providing examples and analysis of how you would apply each step.
Your answer should include:
• Application to your own organization and a suitable case study of your choice
• Multiple practical examples and evidence to support your answers
• Suggestions and recommendations for improvement. (1500 words)

TASK 2 - Organizing and Managing Procurement Activities

Discuss the advantages and disadvantages of centralized and decentralized procurement. Describe some of the relevant dynamics that affect the way procurement is organized in your own organization. What is the best way to organize procurement activities in your opinion? What are some indicators of organizational effectiveness and how could they apply to your own organization?
Your answer should include:
• Application to your own organization and a suitable case study of your choice
• Multiple practical examples and evidence to support your answers
• Suggestions and recommendations for improvement. (1500 words)

TASK 3 - Cost Analysis & Financial Planning

Explain how cost analysis can be used in procurement to understand how suppliers establish their prices, and why it is important to understand the different categories of cost involved, particularly when buying capital equipment. Describe how a buyer undertakes a full Life-Cycle Cost Analysis (LCC) for the procurement of capital equipment. Select a relevant case study to demonstrate how you apply each of the steps in the LCC analysis.
Your answer should include:
Application to your own organization and a suitable case study of your choice
• Multiple practical examples and evidence to support your answers
• Suggestions and recommendations for improvement. (1500 words)

TASK 4 - Contract Management Objectives & Risks

Discuss the importance and principal objectives of contract management and highlight factors that contribute to the effective management and successful delivery of contracts. What are the main types of contracts and their associated risks for both the buying and the selling organization? Elaborate on how selecting the right contract type can help manage risks. Use a suitable case study to apply your analysis and findings
Your answer should include:
• Application to your own organization and a suitable case study of your choice
• Multiple practical examples and evidence to support your answers
• Suggestions and recommendations for improvement. (1500 words)

TASK 5 - Strategic Procurement Negotiations

What are the key elements to consider when opening a negotiation and what are the key points you should keep in mind when you reach the bargaining phase? Identify the sources of power in negotiation and discuss what you need to consider when exercising your power when negotiating in an environment where there will be a long-term working relationship. Use examples from your case study to demonstrate your findings
Your answer should include:
• Application to your own organization and a suitable case study of your choice
• Multiple practical examples and evidence to support your answers
• Suggestions and recommendations for improvement. (1500 words)

Attachment:- Strategic in Public Procurement.rar

Verified Expert

This paper has discussed important aspects associated with procurement. It has talked about procurement planning. Next it has explained about procurement activities. It has showed importance of risk assessment as well. In final sections, there have been discussions on negotiations and why they are so important.

Reference no: EM132812293

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