Role of purchasing function in different sectors in business

Assignment Help Operation Management
Reference no: EM133237332

Assignment:

Scenario

You are a Senior Advisor for the Logistics department of 'RAC Limited', a fast-growing energy and chemical company based in South Africa. The company has also expanded into India, Burma, Sri Lanka and Bangladesh and hope to expand into other countries soon. The Director of Operations has asked you to draft management report to help the Operations Managers in the different countries.

The management report should consist of;

a. An explanation of the role of the purchasing function in different sectors in business.

b. Conduct an analysis of the purchasing processes utilized by different sectors in business.

c. An evaluation of the impact of the purchasing function on different sectors in business.

d. An explanation of the supplier selection methods in business management.

e. An assessment of the criteria used for supplier selection in business management.

f. Complete the report with an evaluation of the impact of supplier selection methods on business operations.

Reference no: EM133237332

Questions Cloud

Discuss the supply chain considerations : Please discuss the supply chain considerations and the associated economic implications that suppliers need to address when providing this capability.
What is the principal inventory cost tradeoff : What is the principal inventory cost tradeoff in the simple EOQ fixed quantity model under conditions of certainty?
What is main issue for online retailers with product return : What is the main issue for online retailers with product returns? What are the costs and benefits of offering customers a robust return policy?
How affect the business ability to source products globally : US/China trade wars and total landed cost/total cost of ownership, how would these factors affect the business' ability to source products globally?
Role of purchasing function in different sectors in business : The company has also expanded into India, Burma, Sri Lanka and Bangladesh and hope to expand into other countries soon.
How can this transform a company supply chain-organisation : During the recent economic downturn of the covid-19 pandemic, many companies stripped layers of cost from their supply chain operations.
Calculate the optimal eoq and total annual cost : Calculate the optimal EOQ, total annual cost, reorder point, the number of orders per year, and the time between orders.
Who has the responsibility to deal with plastic waste : Who has the responsibility to deal with plastic waste? (Consumers, communities, local govt, national govt, retailers, brands, packaging mfg, or other?)
Discuss the transportation management systems : From your research, please discuss the transportation management systems (Software) the company in questions uses to manage their day to day business.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd