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Solution Explain what diversity and inclusion mean and why they are important. Short references should be added into your narrative

• The purpose of this project is to evaluate supply chain automation by leveraging Industry 4.0 technologies. The identified technologies include Artificial Intelligence (AI) and Machine Learning (ML) noted as critical for streamlining operations and obtaining value-for-money outcomes. This has been pursued by focusing on Wood Plc.
• To conclude, the generated findings of this report evidence WPC is today adopting the application of iSourcing in their procurement and supply management (PS&M).
• In the current project, through an evaluation of options for automation of the organization PS&M, the findings evidence the existence of different limitations hindering the success of their system. The issues of cost overruns, lack of collaboration, and inefficient supply chain as the organization is expanding its current operations have been noted to include limitations of their current sourcing.
• Success in the automation of their supply chain has been identified to lead to the following outcomes;
  • Organisation achievement owing to automation of their supply chain, increased confidence and capability, talent management, and employee competency
  • Improved stakeholders relations (a later section of stakeholders analysis) easing the change process. Through the iSourcing improvement, WPC would be in a position of harnessing technical and commercial evaluation processes.
  • Increased and robust systems and policies which mitigate overall gaps in sourcing system transformation
  • Today, only lower than 10% of the entire WPC resources are used to prioritize automation and IT integration successfully. Automation would improve the use of resources in their operations

Also, in this project, different tools and techniques have been referenced relevant for generating appropriate findings of the need for automation in WPC. Success in this project, would be tracked using a Gantt Chart with a detailed implementation plan established and recommended for PS&M in the WPC organisation. From the identified gaps in this project, various recommendations can be suggested for WPC to improve the automation process of their supply chain. These recommendations include;

• Involve their IT and finance departments to ensure within a period of 6 months they
• WPC needs to consider embracing sustainable practices as part of investing in their Industry 4.0 technologies
• Through the adoption of automation, better communication systems backed by AI and ML would be introduced to achieve 70% increased communication effectiveness.
• It is important to increase this through increasing collaboration and alignment of all their interests holistically
• Partnering with institutions for the provision of capacity development opportunities for the PS&M teams and other organizations for the success of the automation process
• Expanding their sourcing of Industry 4.0 technologies. This is to involve highly reputable global companies hence efficient operations and integration of AI
• Source of support from the government to ensure that they are facilitated in terms of policies and appropriate regulations to guide the automation process.

In this integrated assessment, a focus on a formal negotiation plan has been pursued. This is through the focus of Roshn organisation which is a Saudi Arabia’s largest real estate development company owned by the Public Investment Fund for KSA, has Vision 2030 supplier sourcing management strategies. The firm’s procurement department relies on a model outlined by Bailey et al that provides a rigorous approach to preparation and analysis in order to get better bargains. Hence, the Roshn internal supplier data collection and external market research to create accurate supplier risk and sourcing plans. A variety of tools is applied, such as the Kraljic Matrix that is used to sort suppliers. The key findings note that different training activities include negotiation simulations and skills to prepare and help procurement officers for the journey. Another key finding ius that detailed planning and analytical structures accompany objectives and concession tracking. Another key finding note that supply relations are strategically classified on issues of risk and consequences as far as supply management is concerned. On a continuous basis, repetition and necessarily sequenced post negotiation reviews improve processes gradually for a successful negotiation plan. From the findings and conclusions obtained, to maximise efficiency and optimise outcomes, it is recommended:

• Roshn standardise the Bailey et al procurement framework.
• Regular training will develop negotiation mastery, and the Kraljic Matrix will tailor strategies per supplier importance.
• Sourcing strategies should evolve through market reviews. Building long-term, trusting partnerships will foster competitiveness beyond transactions.
• Clear metrics measuring initiatives' success will empower data-driven process adjustments.
• Adopting these practices will enhance Roshn's sustainable sourcing in support of Vision 2030 goals.

Solution (Solution) 5CO01 (AC2.5) Assess the importance of wellbeing at work and the different factors which impact wellbeing Importance of