Reference no: EM131049065

Assignment 1 - Sourcing Strategy and Planning

Element: PD10-3 - Managing Risk and Spend in Relations to Customer and Supplier Requirements
PD10-4 - Performance Measurement in Sourcing and Supply

For an organisation of your choice:

a) Critically evaluate the relationship between the sourcing and procurement strategy with the overall corporate strategy.
b) Compare and contrast the methods that the organisation may take to select and establish close collaborations with a reduced number of supply sources for its strategic supplies.
c) Outline the mechanisms that need to be put in place to ensure that collaborative arrangements work for the effectiveness of the organisation and its suppliers.

Assignment 2 - Management and Control of Sourcing and Procurement
Element: PD10-1 - The Roles of Sourcing and Procurement
PD10-2 - Sourcing and Procurement Procedures and Processes

A recent audit has revealed that the sourcing and procurement process is the reason for supply chain delays and quality problems leading to unacceptable customer satisfaction levels. You have been tasked to review the sourcing and procurement process for the organisation.

a) Describe how you would proceed with this task in order to identify and address the problems and transform the sourcing and procurement process.

b) Outline the legislation that is likely to impact and influence the sourcing and procurement of this organisation. Outline the mechanisms that need to be put in place to ensure compliance for sourcing and procurement of a public sector organisation.

c) Discuss the importance and process of setting negotiation objectives for a large procurement contract.
Assignment 3 - Supplier and Contract Management

Element: PD10-3 - Managing Risk and Spend in Relations to Customer and Supplier Requirements

PD10-4 - Performance Measurement in Sourcing and Supply Your organisation is in a difficult situation where order quantities and stock levels are perceived to represent high financial costs to the organisation, whilst at the same time customer service levels are not increasing proportionally.

a) Analyse the strategic sourcing options that an organisation can adopt in addressing the above contradictions, showing how subsequent risks can be managed.

b) Critically evaluate your role as a procurement specialist and why you should be aware of the ‘essential elements' of a contract in terms of contract mmanagement.

c) Supplier relationships represent a significant part of the activities for the procurement function especially for large corporations. Describe a process which an organisation of your choice can use to ensure that appropriate relationships are maintained effectively and efficiently.

Assignment 4 - Procurement Performance Improvement
Element: PD10-1 -The Roles of Sourcing and Procurement

PD10-3 - Managing Risk and Spend in Relations to Customer and Supplier Requirements
PD10-4 - Performance Measurement in Sourcing and Supply

You are the Procurement Manager of an organisation that is reviewing the performance measures for the sourcing and procurement process.

a) Describe the key performance indicators that should be used to monitor the overall performance of the process. Give your reasons for the selected measurements.

b) Evaluate how information technologies have been applied to ensure sourcing and procurement effectiveness.

c) One of your organisation's contracts is on the brink of collapse due to a major dispute with a key supplier. Discuss the method you would use to recover the contract from the current situation and what remedies you could consider in the event of a breach of contract.