Strategic Procurement

A proactive strategic procurement operation can give the organisation it represents a competitive advantage by reducing waste in the value chain. For an organisation of your choice, you are asked (a) to critically examine the Procurement function, (b) by considering 2-3 areas below investigate how the Procurement function can be improved and compensate external turbulences in the markets. • Procurement Strategy • Strategic Sourcing and Outsourcing • e-procurement • Sustainable Procurement • Supply Risk You will also need to take the following into account when completing your assignment: • Quality of executive summary (does it give a brief complete summary of your paper for an executive to read?) • Establishment of relevant theory (e.g. what do we mean by global sourcing?) • Allocation of credit and sources used (have I included references and citations to the material I have used?) • Clarity of argument • Overall report presentation including spelling and grammar • Adherence to the nominated word limit (+/- 10%)