The global marketplace has undergone a dramatic transformation, demanding that businesses adapt their supply chain management and implement new strategies to ensure the reliable sourcing of materials and goods. Please choose an organisation that you are currently working for or you are familiar with where its procurement operations has been greatly affected. You may pick a commercial or public institution as a choice for your study. You will need to briefly describe the institution and explain its category management structure which support the strategic procurement. You are required to provide an overview and discuss how spend are identified along with the types of categories purchased (a) (b) (c) Briefly describe the organisation that you have chosen. Analyse the criticality of both the category management and strategic sourcing that will impact the business needs of the institution that you have chosen. Using examples from the institution you have selected, appraise, and recommend a process that might be applied for the implementation of a category management approach to procurement. It is said that category management requires much collaborative effort to succeed which includes the use of cross functional teams (CFT). Discuss the challenges that you might face in managing a CFT and securing buy-in from the various stakeholders to systematically identify opportunities to increase the value of third-party spend. Demonstrate how you might overcome these challenges. Question 2 It is suggested that for many events, approximately 80% of the effects come from 20% of the causes. Recommend how this principle may be applied to both strategic sourcing and supply base development.
The global marketplace has undergone a dramatic transformation, demanding that businesses adapt their supply chain management and implement new strategies to ensure the reliable sourcing of materials and goods. Please choose an organisation that you are currently working for or you are familiar with where its procurement operations has been greatly affected. You may pick a commercial or public institution as a choice for your study. You will need to briefly describe the institution and explain its category management structure which support the strategic procurement. You are required to provide an overview and discuss how spend are identified along with the types of categories purchased (a) (b) (c) Briefly describe the organisation that you have chosen. Analyse the criticality of both the category management and strategic sourcing that will impact the business needs of the institution that you have chosen. Using examples from the institution you have selected, appraise, and recommend a process that might be applied for the implementation of a category management approach to procurement. It is said that category management requires much collaborative effort to succeed which includes the use of cross functional teams (CFT). Discuss the challenges that you might face in managing a CFT and securing buy-in from the various stakeholders to systematically identify opportunities to increase the value of third-party spend. Demonstrate how you might overcome these challenges. Question 2 It is suggested that for many events, approximately 80% of the effects come from 20% of the causes. Recommend how this principle may be applied to both strategic sourcing and supply base development.
Chapter13: Supply Chain Management And Marketing Channels
Section: Chapter Questions
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Transcribed Image Text:The global marketplace has undergone a dramatic transformation, demanding that businesses
adapt their supply chain management and implement new strategies to ensure the reliable
sourcing of materials and goods. Please choose an organisation that you are currently
working for or you are familiar with where its procurement operations has been greatly
affected. You may pick a commercial or public institution as a choice for your study. You will
need to briefly describe the institution and explain its category management structure which
support the strategic procurement. You are required to provide an overview and discuss how
spend are identified along with the types of categories purchased
(a)
(b)
(c)
Briefly describe the organisation that you have chosen. Analyse the criticality of both
the category management and strategic sourcing that will impact the business needs of
the institution that you have chosen.
Using examples from the institution you have selected, appraise, and recommend a
process that might be applied for the implementation of a category management
approach to procurement.
It is said that category management requires much collaborative effort to succeed which
includes the use of cross functional teams (CFT). Discuss the challenges that you might
face in managing a CFT and securing buy-in from the various stakeholders to
systematically identify opportunities to increase the value of third-party spend.
Demonstrate how you might overcome these challenges.
Question 2
It is suggested that for many events, approximately 80% of the effects come from 20% of the
causes. Recommend how this principle may be applied to both strategic sourcing and supply
base development.
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