PROJECT RISK and PROCUREMENT MANAGEMENT ASSIGNMENT
Tasks: Word length 3000 words (do not exceed word limit).
Do not include the cover page, abstract, table of contents or References section in the word count.
Your paper should have a clear structure, with:
- 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 using HAVARD Referencing
- this is mandatory at Master level
Project Risk and Procurement Management
Assignment Brief
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.
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.Unit 4 Strategic Procurement and SCM
Task:
Read the report on ‘Follow the procurement leaders' and then determine the most significant changes that have occurred in procurement in the last few years and what this means for your organization or an organization of your choice. Make your contribution by participating in the relevant thread in the forum.
Sustainable Procurement Processes
Task:
Please contribute to the class forum by considering procurement in your organization or one that you are familiar with and find out how sustainable (as per the definition of sustainability) you consider it to be for which ever category of sustainable actions
Supply Chain Risk
Task:
Read the ‘erp risk' case attached and produce a risk matrix and risk register for the risks outlined in the article. Contribute your findings in the relevant class topic.