Sourcing Procedures and Practices Assignment
Your objective in this assignment is to come up with sourcing strategies the product and service described in the case Procurement at Betapharm Corp. (A).
Your assignment: You should submit a half to one-page, executive summary outlining a recommendation for how this company should approach the sourcing of its global hotels and malic acid differently. Your recommendation should specify how to approach suppliers, and how to execute and evaluate the process, etc. You should also comment on organizational structure needed to facilitate the recommended strategies.
In making your recommendation for the sourcing strategy that should be used, you should consider the following questions:
- Betapharm recently centralized the procurement function and delegated the purchase of goods and services to it. Building on our previous discussion and the reading from this case, what are the pros and cons of such an organizational form for Betapharm?
- What are the pros and cons of using e-sourcing tools as opposed to face-to face negotiation?
- Would you suggest using e-sourcing and reversed auction to procure global hotels and malic acid? Why or why not?