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(Solution) CIPS ADNOC APCE Advanced Practitioner Corporate Award
- In summary, this assessment has focused on developing an evaluation of the contractual terms and impact on power distribution in Abu Dhabi National Oil Company (ADNOC) and risk of supplier and organisation has been evaluated.
- A general contract used in ADNOC purchasing of goods has been used for achieving the aim of this assessment. Also, desk research and statistics have been used for the purpose of generating the expected findings.
- The findings indicate that the terms and conditions clearly stipulate on risks and power distribution between ADNOC and their suppliers of the gas turbines. This has been identified by application of various tools and models relevant for this assessment.
(Solution) CIPS MER Developing Contracts
In summary, this report has focused on evaluation the selection criteria and sourcing strategies for enabling appropriate selection of suppliers for goods, services and works. Through a focus on Ericsson organisation different spend categories, a set of sourcing approaches have been identified. The approaches have been evaluated through the application of different tools and techniques. This is with different available data from Ericsson spend categories being evaluated in detail. Further, for the different approaches, the risk analysis and potential challenges impacting their implementation. The findings indicate that there is no one-size-fits all approach for selection criteria and sourcing strategies. The best practice is dependent on the organisation category of spend and suppliers availability.
A set of recommendations can be provided for successful formulation of selection criteria and sourcing strategies. These include;
- In SWOT analysis, one of the identified weakness is failure to use technologies in their sourcing approach. As a best practice, Ericsson can make investments in modernised technology including AI, machine learning in improving their sourcing strategies
- Since there is no one-size-fits all approach of selection criteria and sourcing strategies, the best practice would be to harness collaborative and partnerships relations for success of their sourcing.
- Pursue a holistic L&D practices by the PS&M in order to understand the best sourcing approach which would be in a position of enhancing the overall process of sourcing
- Further, from the risk analysis, some of the risks identified are not UpToDate. Hence, it is important continuously updating supply chain networks for identifying potential risks which are internal and external.
(Solution) New PSE Sourcing Essentials ROSHN Syndicate Cohort
This report makes use of the case study of ROSHN — Saudi Arabia’s leading real estate developer having the responsibilities of delivering quality homes.
ROSNH plays an important role in the organization of construction activity in KSA and currently owns more than sixty percent in the market of residence construction.
The key findings evidence that procurement practices of the organization are orderly with keen emphasis on the relationship it has with the suppliers so as to deliver construction materials in the shortest times and most efficient costs possible.
The key findings evidence that an effective sourcing approaches will work to strengthen ROSHN’s procurement systems, minimize supply-chain vulnerabilities, and centralize costs for the organisation while offering the organization compliance with burgeoning sustainability shifts in the constructions industry.
The following paper assesses the current sourcing initiatives and provides several critical suggestions that can strengthen procurement and supply chain.
The key recommendations arising from this analysis include:
- ROSHN should incorporate Porter’s Five Forces and PESTLE analysis into the organization’s Vendor Management Team (VMT)
- The expansion of the approved list of suppliers by not less than fifteen percent in the course of the next year is vital in eliminating reliance on a few suppliers.
- Improving eSourcing tools especially eAuctions to apply competitive pressures and lower costs of procurement. This will solve the problem of inefficiency in the tendering process and increase transparency while RHOSN already has efficient technology solutions for engaging suppliers.
- Obligatory implementation of a supplier sustainability program that identifies suppliers with high levels of CS