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(Solution) CIPS MER Practice role in Positive Contribution to Organisational Success
In summary, this report has focused on evaluating best practice in assisting a personnel with roles in procurement and supply to develop capability to achieve value-for money outcomes with the supply chain. Also, the entire personnel linked with procurement and supply impact on success of organisation through a series of initiatives. These include effective purchasing, inventory control, expenditure management and application of strategic procurement and supply techniques with category management and strategic sourcing. By using different tools and best practice in Ericsson organisation, these areas have been evaluated in-depth. The findings indicate on the need for PS&M professionals to continuously develop their capabilities to achieve value for money outcomes in their supply chain. This is while executing different functions for positive input to their organisation success.
There are gaps identified in the findings which can be filled through the following recommendations;
- It is unclear on how collaborative relationships is achieved in the supply chain since there are multiple stakeholders with varying interests. There is hence a need for embracing technology to enhance how the relationship with all stakeholders is pursued
- The global supply chain success is impacted by external events. This creates inefficiencies in the supply chain. These could be managed by putting in place appropriate systems for increasing value for money outcomes in times of uncertainties.
- Engagement of colleagues and other internal stakeholders for promoting organisation commitment to achievement of effective supply chain management is unclear. It is hence important to consistently improve the scope of engagement for improving consistency in value for money outcomes, fair-based practice and innovation embrace
(Solution) CIPS Advanced Practitioner the strategic logistical implications of globalisation
(Solution) ADSM REMEDIAL PROGRAM ENTREPRENEURIAL EXCELLENCE REM 8013 Entrepreneurial Excellence Spring 2024
(Solution) ICS Learn Level 3 3C004- Essentials of People Practice
(Solution) CIPD Avado 5HR01- Employment Relationship Management
(Solution) CIPS Sourcing Essentials PSE Saudi Downtown Company
- In this report, an evaluation of various sourcing approaches used in sourcing has been pursued.
- Through a focus on Saudi Downtown Company (SDC), sourcing of Information Technology (IT) systems post COVID due to popularity of remote working in the different departments has been identified as the spend area.
- In the evaluation process, ifferent tools including Mendelow Matrix, Kraljic Matrix, SWOT analysis, Hierarchy of need, and Peter Block Grid have been adopted in the analysis.
- The different sourcing approaches have been identified and their influence for the organisation best practice noted. At the end, by using Cater’s 10C’s tool, supplier appraisal has been carried out for the identified spend area.
- To select best sourcing approach informed by the characteristics of their spend categories
- Ensure various legislations and policies are initiated to aid use of technologies and innovation in their sourcing process
- Implement a fully streamlined PS&M strategy with entire stakeholders interests prioritised
- Improve information flow and supporting their sourcing strategy by leverage on different approaches (RFQ, RFP and e-Auction) integrated to product lifecycle