Showing 361–372 of 506 results
(Solution) CIPS Module 3 Sourcing Essentials (PSE)
In this report, the area of focus is on ROSHN’s procurement and vendor management strategies in alignment with Saudi Arabia’s Vision 2030. ROSHN, a leading real estate development company, is committed to building sustainable communities and increasing homeownership within the Kingdom. The company manages its entire development pipeline, from land acquisition to home construction and distribution, ensuring control over quality and costs. One of ROSHN’s key objectives is to achieve 70% homeownership by 2030, while promoting employment and economic growth in Saudi Arabia. The Procurement and Commercial functions at ROSHN play a critical role in achieving these goals. The Vendor Management Team (VMT) employs various strategic tools, such as Porter’s Five Forces and PESTLE Analysis, to evaluate suppliers and market conditions. These tools help ROSHN in negotiating better terms, securing reliable suppliers, and maintaining project timelines. Furthermore, ROSHN’s procurement cycle is structured to ensure compliance, cost efficiency, and project quality through a Pre-Qualification Questionnaire (PQQ) and supplier registration processes. ROSHN’s sourcing strategies, including sole, single, dual, and multiple sourcing, allow the company to manage supply risks while maintaining competitive pricing and consistent quality. The company also utilizes the Kraljic Matrix to categorize suppliers based on their strategic importance and supply risks, ensuring that critical infrastructure needs are met.
The conclusions generated lead to development of the following recommendations;
- Streamline the PQQ process to reduce onboarding time and ensure suppliers meet compliance and quality standards more efficiently.
- Cultivate long-term relationships with key suppliers for critical infrastructure projects to ensure timely and high-quality delivery.
- Use data analytics to enhance supplier evaluation, improving decision-making accuracy and reducing supply chain risks.
- Increase the use of eSourcing tools to boost competition among suppliers, potentially reducing procurement costs.
- Regularly run mini-competitions to ensure competitive pricing and maintain high service quality.
(Solution) CIPS Module 6- Project, Programme and Change Management in Procurement and Supply Chain
For this project, the purpose was to access the overarching process and approach to SRM within Oxy organisation and coming up with appropriate implementation plan. The relevance of this project was informed by the fact that with the organisation having a large scale of operations with multiple end users, SRM is a significant issue. Also, the organisation operating in both local and international operations with multiple suppliers and spend areas to be coordinated. The outcome of this would be to promote and improve SRM for aligning with Oxy organisation strategic objectifies, supply chain function being strategic integral partner as opposed to just transactional player. Owing to the importance of SRM improvement, the different outcomes would entail;
- Enhanced Suppliers Performance- With an upward of 50,000 orders annually with 40% valued more than 5 million Omanis and 50% 20 Million Omanis, failure to timely settle invoices, demand for high quality materials and minimising effects would be considered.
- Cost savings- With improved SRM, it is possible for Oxy to negotiate appropriate terms, lower procurement costs (5 Rights not currently achieved) hence working below targets and lead times delivery reduced and achieving economies of scale.
- Increased efficiency- improved and streamlined SRM improve operational efficiency, reducing wastes in administration process for SRM (25% of entire suppliers pay delayed)
- Risk mitigation- this include identification of risks linked with suppliers such as dissatisfaction, financial instability and geopolitical challenges
- Oxy organisation PS&M is supposed to come up with appropriate systems and techniques for improvement of SRM
- Oxy organisation need to make sure they use various automations including AI and robotics for improving collaboration and SRM efficiency.
- Facilitate policies management for improving their operations in onshore and offshore operations with an improved SRM
- Short courses on SRM need to be provided starting with PS&M leadership to achieve 50% increase in awareness of SRM improvements areas.
- Stakeholders relations improved by leveraging on available technologies of communication and interaction.
- Ensure there is 70% increase in budget on SRM improvements
(Solution) CIPS Module: Contract & Category Management in P&S (APGM)
(Solution) CIPS Module: Global Strategic Supply Chain Management
- In this assessment, the focus has been on evaluating global strategic approach for WoodPlc supply chain identified. The relevance of this is informed by assumption that supply chain is anchored on the need to influence changes in market in supply chain practices. This is while sustainable global sourcing strategies being used.
- The findings evidence strategic logistical impact of an organisation and supply chain management process has an impact on corporate performance. The different tools and techniques which have been applied inform on the best practice of the organisation operations.
- For WoodPlc organisation working in oil and gas contracting sector in UAE, reviewing of their supply chain is used by use of best practice in their practice. Also, an identification of entire risks, issues incurred and opportunities evident.
- The findings in this report evidence different challenges as affecting collaboration. This assessment recommend need for Improving collaboration, network-based practice and innovativeness to ensure they embrace sustainability in supply chain
- Today, WoodPlc has been identified as lacking appropriate continuous development strategy for all stakeholders and end-users of their operations. Improving supply chain development through an increased chances for learning
- In WoodPlc, they are encountering immense transitioning from modern supply chain and use of technologies. There is a need to manage all the supply chain relations. This is for the Conflicts management in entire supply chain relations to ensure stakeholders are involved and part of the implementation of the practice
- In this report, it has been concluded on the existing challenges in their tiers. To manage the challenges identified from the Porters 5 forces analysis, there is a need to introduce end-to-end supply chain for their overall demands which capture various tiers for including all operations. This is to guarantee a successful management of the overall supply chain and performance management issues
(Solution) CIPS New APCE Advanced Category Management
- In summary, this assignment has focused on evaluating the source of power and risk of an organisation contractual terms. This has been conducted through the focus of SSMC organisation which is currently being engaged in procurement of first aid materials.
- Through a series of analysis, the power and risk distribution has been evidenced as varying in different phenomenon to SSMC and their engaged suppliers. The rationale of this is that for the success of a contract, the legal provisions are critical among the involved parties with clearly set requirements to be adhered to or abstained.
- By using different tools including supplier preferencing matrix, Porter’s 5 forces and Turn-key model have been adopted for this research.
- It has been established that in most instances, SSMC has the power with majority of the risks being held by the supplier. An evaluation of the different components of the contract has been conducted with the clauses of interest including costs, quality level, time for delivery and ethics which influence the power and risk of the suppliers.
- From the analysis of stakeholders by use of the Mendelow stakeholder’s matrix and SWOT analysis, the various issues and risks represent the noted issues in procurement of the fast aid and safety measures in today COVID-19 pandemic.
- As evidenced in the Kraljic analysis, various contract terms are of strategic relevance to SSMC which affirm on its approach of holistically leveraging on contractual risk and power.
- Where the SSMC lacks a holistic balance on the risks and power, a warrant or insurance is granted for guaranteeing their safety.
(Solution) CIPS New Developing Contracts in Procurement and Supply -PDC
(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 New global strategic practice used in management of a supply chain in an organisation
This advanced level third module assessment focuses on evaluating global strategic practice used in management of a supply chain in an organisation.
The rationale for working on this assignment is guided by findings that supply chain development has an influence on positioning of an organisation in a market and sustainability in sourcing process.
Also, with globalisation a current trend in modern procurement and supply chain management market, it influence how supply chain management is pursued and performance in corporate level. The organisation of focus is XXZ organisation engaged in provision of procurement outsourcing services in Qatar.
As a subsidiary with headquarters in United Kingdom, XXZ organisation supply chain and globalisation has a direct link with corporate performance. This is despite of the identified challenges, risks and opportunities.
The key findings in this report evidence supply chain network inclusive of different tiers as impacting organisation operations. This is since it has an influence on positioning for achieving set goals and corporate strategy.
From the analysis findings, the use of various models for challenges and opportunities (SWOT) and environment analysis impact on supply chain (STEEPLED) XXZ organisation is appropriately positioned in using different supply chain strategies.
The different stakeholders have also been identified to impact the supply chain management success influenced by financial and non-financial factor.
The findings and conclusions made in this report inform a set of improvement areas;
- Enhance collaboration, networking and innovativeness for sustainability of supply chain network
- Investing in L&D opportunities for XXZ PS&M teams to understand impact of supply chain and competitiveness
- Management of encountered supply chain relations conflicts to ensure stakeholders involvement and inclusion in its implementation
- Transition supply chain network to include globalisation demands with all risks and challenges managed
(Solution) CIPS New Global Strategic Supply Chain Project
- 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
- 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.
(Solution) CIPS New PDV- Driving Value Through Procurement and Supply; Managing Expenditures with Suppliers
- Based on the above discussion, this paper has demonstrated that procurement and supply functions in an organisation are critical in reducing costs, ensuring cost-effectiveness and value for money.
- The procurement department at RCU is key to preventing adverse effects resulting from the adoption of new technology within the industry.
- Each organization has its set of rules and blueprints that determine the procurement and supply activities. These rules are beneficial to the organization in several ways, which include improving financial stability, lowering business risk, increasing employee performance, and creating better supplier relationships.
- Investors’ involvement in the procurement and supply process is critical since it facilitates business transformation.
- Effective procurement and supply management is important to organizations because it is central to the success of organization. The procurement department at RCU focused on the purchase of IT software as the area of spend.
(Solution) CIPS New Saudi Aramco Driving Value Through Procurement & Supply; Managing Expenditures with Suppliers
In this first project in Corporate Award Program, the focus has been on role of procurement supply and management (PS&M) responsibility in achieving value for money outcomes. This is through the focus on Saudi Aramco third party logistics spend category.
Also, a review on the current approaches to management of prices and costs for the third party logistics spend category has been identified.
This is by using different data and information from contracts management, procurement, commercial-driven development, strategic sourcing and PS&M practices.
Also, different models have been used including Mendelow, Kraljic matrix, Porter’s 5 forces, STEEPLED and Suppliers Preferencing model.
The key findings obtained in this project include the view that Saudi Aramco engage multiple stakeholders for successful practice.
Also, the key findings evidence their market environment as competitive hence success in achieving value for money outcomes.
The organisation strategy of achieving value for money outcomes has similarly been identified. This is with its pros and cons enhancing or limiting a successful implementation established.
From the findings and conclusions, various recommendations have been generated which include;
- An in-depth evaluation of positioning of all stakeholders for accommodating their interests in their operations
- In third party logistics, they can involve multiple sourcing to be competitive hence value for money
- To involve different specialists for gaining awareness on improving value for money
- Review of budget in sourcing third party logistics with technology involved in sourcing process.