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Description
Related Papers
(Solution) 5C003 Ethical people practice; business and human benefits of included, valued and fairly treated
(Solution) Oakwood International Level 3 3CO04 Essentials of people practice Assessment ID / CIPD_3CO04_23_01
(Solution) CIPS New Developing Value Through Procurement & Supply; Managing Expenditures with Suppliers (PDV)
In these modules “Developing value through procurement and supply and managing expenditures with suppliers”, a report is developed focusing on procurement supply and management (PS&M) function to achieve value for money outcomes.
The organisation of focus is Qatar Railways Company (QRC) in sourcing for catering services. Part of this report also entail evaluating approaches of management of costs for the catering services. The data used to generate the findings in this report has been sourced by use of internal documents in QRC, available research from reputable sources and suppliers analysis.
Further, various theories and models have been used from CIPS Module notes and guidance (STEEPLED, Mendelow, Kraljic and Suppliers Preferencing and more ) to generate appropriate findings.
The main findings in this report evidence that QRC works with many stakeholders for success in their PS&M and specifically sourcing for catering services. Further, with QRC operating in a competitive oligopolistic market environment, achieving value for money outcomes in their PS&M operations is essential.
The major findings is that the organisation uses a strategic approach in achieving value for money outcomes. The approach has its advantages and disadvantages with areas of improvement identified in the recommendations. From the identified findings of analysis, a set of gaps have been identified which can be managed by identified recommendations;
- Pursue detailed analysis of stakeholders positioning to ensure overall interests are prioritised
- For catering services, engage different potential suppliers to avoid monopolistic demand and supply hindering competitiveness
- Engage PS&M experts and specialists to acquire knowledge on improving value for money outcomes
- Reviewing budgetary allocation in catering services sourcing and include modernisation of their sourcing
(Solution) CIPS ADNOC Sustainable global sourcing decisions
(Solution) CIPS Contracting Excellence in Procurement and Supply (APCE) Assessment
- In this assessment, the contractual terms which is used by Emirates Transport (ET) Company has been evaluated.
- The contract terms and conditions have been evaluated in terms of their power and risk distribution among the suppliers and the organisation.
- In order to achieve the evaluation in this report, the areas of interest include force majeure, variation of disputes, pay level, warrant and liability and termination.
- By using different tools and models, the findings in this report evidence the scope in which ET has made investments in power balance and risks management for successful contract management. This is evidenced by for instance the scope of disputes management.
- Further, the findings evidence that the terms and conditions used by ET offer an elaborate guide on relevance of the legal factors for the organisations operations in UAE and in specific Dubai.