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(Solution) New ICS Learn 5HR03- Reward for Performance and Contribution
(Solution) New Level 5 OakWood International 5CO02 Evidence-based practice
(Solution) New Oakwood International 3CO03 Core behaviours for people professionals ID / CIPD_3CO03_24_01
(Solution) New Oakwood International 5CO01 Organisational performance and culture in practice
(Solution) NEW Oakwood International 5OS06 Assessment ID / CIPD_5OS06_23_01
(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
(Solution) New Royal Commission for AIUla (RCU) Commercial Negotiation Plan- PIN
This procurement negotiation plan for the ROSHN organization focuses on the aspects of planning and executive negotiations in obtaining the IT consultancy services.
It uses the Bailey et al. negotiation model with the mixed approaches of Porter’s 5 Forces and PESTLED frameworks to carry out the evaluation of the market competencies for enhancing the negotiation plans.
The selected approach focuses with creating stable, win-win relationship with suppliers where most of the concentration is for quality suppliers who have efficient timeline delivery and risk control than just focusing on the price.
Expert holistic planning is imperative to this plan, starting with internal need analysis and assessment of inherent risks and stakeholders.
It must be noted that the information founded in this article would help ROSHN effectively strategise its course of action in face of organisational goals as well as market forces..
Key recommendations from this negotiation plan include:
- Establishing an Integrated Digital Procurement System within the next year to track project timelines and quality metrics, aiming for a 20% improvement in service reliability for IT consultancy services.
- Implementing a Comprehensive Supplier Training Program over the next year, with a goal of achieving at least 80% supplier participation to ensure alignment with ROSHN's operational standards and improve service quality by 25%.
- Conducting Quarterly Supplier Performance Evaluations, utilizing a performance scorecard for at least 90% of suppliers to assess compliance with agreed-upon targets, with the objective of increasing average performance metrics by 15% over the year.
- Developing an Enhanced Risk Assessment Protocol within six months to identify and mitigate key risks in the IT consultancy supply chain, targeting a 30% reduction in overall risk exposure through proactive measures.