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This assignment focus is evaluating various sourcing approaches used in Procurement and Supply Chain Management (PS&M).
To achieve this aim, Royal Commission of Al-Ula (RCU) is used as the organisation of interest.
By focusing on different categories of spend including technology systems, various sourcing approaches have been evaluated. The sourcing approaches in line with CIPS Module Notes include single, sole, multiple, and dual sourcing.
The findings of this assignment have been informed by various tools and models used in analysis including Kraljic matrix, Mendelow matrix, business hierarchy of needs and SWOT analysis among others.
The findings indicate multiple sourcing appropriate to involve many suppliers, single sourcing only one supplier with dual sourcing two suppliers only often evidencing conflicting expectations.
At the end of this assignment, a supplier appraisal checklist has been provided using the Carter’s 10Cs model in the technology system sourcing category.
From the findings and conclusions in this assignment, the identified limitations can be managed by using the following recommendations;
- Transitioning from only one sourcing approach for all their spend categories and select each for all their spends
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