Procurement and Contracts: Assignment Brief
Description of the task:
Strategic procurement depends on strong “Supplier Relationship Management” (SRM) where procurement professionals are concerned about developing robust supplier relationships and negotiating favourable terms and conditions. In the future, it is expected that supply chain structures will become more complex and choosing the right supplier will be more critical. Increasingly stringent supplier requirements will become routine, and demanding purchasers will expect suppliers to demonstrate their essential competencies. Supply chain risk, scarcity of raw materials, environmental, sustainable and economic issues will lead to increased pressure on these buyer-supplier relationships.
You are to consider a UK business that sources food materials extensively from Greece and discuss how it can manage the dangers of economic and other risks arising from this relationship You are asked to critically discuss how the procurement function can manage a network – often global – of vendors and suppliers that can quickly become inoperative due to rapid shifts in the business environment. You are expected to provide appropriate case study examples to illustrate your answer.
[place-order]
This coursework should follow a structured approach and should be prepared and presented as a professional business report. You should undertake a relevant literature review that helps inform your investigation. Please also ensure that the Harvard Referencing System is adhered to and fully complied with. Procurement and Contracts: Assignment Brief
The paper should have a clear structure, with:
- Must be formatted as a BUSINESS REPORT
- A cover page (student number, module title, assignment title, word count (effective, not max), declaration of originality
- An abstract (300 words max, one single paragraph)
- A table of contents
- The main body of the paper – you have full creative control over the structure, but do use section headings to signpost your work
references list – this is mandatory at Master level.
NB: Late submission and bad quality works will not be marked.