Solution-How the procurement function can be improved

How the procurement function can be improved

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Reference no: EM131391666 , Length: 3000 Words

Project Risk and Procurement Management Assignment:

Assignment Brief:

A proactive strategic procurement operation can give the organisation it represents a competitive advantage by reducing waste in the value chain. For an organisation of your choice, you are asked (a) to critically examine the Procurement function, (b) by considering 2-3 areas below investigate how the Procurement function can be improved and compensate external turbulences in the markets.

Procurement Strategy
Strategic Sourcing and Outsourcing
e-procurement
Sustainable Procurement
Supply Risk

Relates to Learning Outcomes:

Demonstrate an understanding of the importance of procurement for global organisations operating in complex market environments.
Locate, synthesise and critically evaluate recent/current information from a wide range of published literature in the area of Project Risk and Procurement Management.

Verified Expert

In the report the concept of procurement has been analysed along with the example of a large retailer namely Tesco. the strategy of procurement has been mentioned. how to overcome the difficult situations and enhance the procurement process has also been mentioned in this report.

Reference no: EM131391666

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How the procurement function can be improved : For an organisation of your choice, you are asked (a) to critically examine the Procurement function, (b) by considering 2-3 areas below investigate how the Procurement function can be improved and compensate external turbulences in the markets

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inf1391666

2/16/2017 5:29:11 AM

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2/11/2017 7:40:55 AM

Total no of Words: 3,000 words. Please take enough time to research to provide quality response. This coursework should follow a structured approach and should be prepared and presented as a professional business report. You should undertake a relevant literature review that helps inform your investigation. Please also ensure that the Harvard Referencing System is adhered to and fully complied with. Outstanding clarity of focus, includes what is important, and excludes irrelevant issues. Comprehensive literature review. Evaluation and synthesis of source material to produce an outstanding contribution. Well structured, compelling and persuasive argument that leads to a valuable contribution to the field of study, paving the way for future work. Standard of critical analysis – showing questioning of sources, understanding of bias, independence of thought.

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