Describe purchasing strategy and how it relates to the


Assessment

Fifteen minutes presentation (followed by 5 minutes of questions and answers) on the following topics. The aim of this presentation exercise is to promote learning, individual development and collaborative working ethics.

Presentation Topics:

How purchasing support the organizational goals and strategies - Analysis of a real-world case

The Presentation should (but not limited to) cover the following content:

1. Introduce the selected organization
2. State the corporate goals and strategies of the selected organization
3. Analyze and recommend how purchasing management can support the corporate goals and strategies
4. Conclusion
5. References

LEARNING OUTCOMES ASSESSED:

A. Describe purchasing strategy and how it relates to the organization's strategy
B. Describe purchasing strategy and how it relates to the organization's strategy
C. Describe the various structures and processes concerned with purchasing found in contemporary organisations
D. Explain the various factors to be considered when deciding to make or buy products or services and how this can impact on the organisations strategic advantage
E. Analyse the options for ICT available to an organisation to enhance purchasing efficiency and effectiveness
F. Compare and contrast the tools and techniques to select, evaluate, negotiate with and manage the quality of suppliers to the organisation
G. Analyse the methods and tool to undertake a cost analysis both internally and externally of the organisation
H. Describe the issues surrounding purchasing in a globalised world, including the ethical and legal matters.

EMBEDDED SKILLS INCLUDE:

- The ability to conduct research.
- The ability to analyse data and information.
- The ability to think and read critically.
- The ability to make an oral presentation.
- To assist students in developing professional attitudes, values, skills, and strategies that will foster success in their careers and in life.
- To prepare students to meet the ever changing needs of their communities now and in the future.

Assessment 2

1.0) INSTRUCTIONS:

i) Assignment Submission: All assignment copies are to be submitted online (LMS) on the specific due date agreed upon.

ii) Assignment Brief: Select a local organization that you are familiar with and assume that you are the purchasing manager of this organization, analyse three aspects of the purchasing management, namely supplier selection and evaluation system, purchasing cost analysis, and the use of information & communication technologies (ICT) for purchasing operations and management. You are required to consult and fully reference a MINIMUM of 10 references (e.g., book; www; journal article from the full-text databases; current affairs magazine; newspaper etc.). The use of WIKIPEDIA online encyclopedia is NOT allowed. The word range of this essay is about 2,000 words.

The report must fulfill the following requirements:

- More marks will be awarded for reports which provide more detailed discussion and in- depth analysis with adequate referencing to the purchasing concepts and models.

iii) Assignment Format:

The report should be presented as follows:

- Introduction - Outline the purpose of this essay (about 100 words) and provide the key information about the selected local retailer (about 200 words), information includes products, targeted markets, competitors, organizational goals and strategies etc.

- Supplier Selection Criteria - Analyze the purchasing goals and needs of the selected organization and the relevant information. Recommend the appropriate criteria to be considered when selecting supplier(s) (about 250 words).

- Supplier Evaluation System - Analyze the purchasing goals and needs of the selected organization and the relevant information. Recommend the appropriate evaluation tool(s) for assessing suppliers' performance (about 250 words).

- ICT For Purchasing Operations - Analyze the purchasing goals and needs of the selected organization and the relevant information. Recommend the ICT to be applied for improving purchasing operations (about 500 words).

- Purchasing Cost Analysis - Analyze the purchasing goals and needs of the selected organization and the relevant information. Recommend the appropriate tools to be considered for analysing the purchasing costs (about 500 words).

- Conclusion - Reinstates all of the parts of the argument and refers the reader back to the focus that have outlined in the introduction and to the central topic. This gives the report a sense of unity (about 200 words)

- Referencing - All sources referred to in your essay, including any diagrams, must be referenced to in-text and be included in a full reference list at the end of the assignment, according to the APA system of referencing. Use the following Kaplan resource to assist you to do this accurately and consistently:

iv) Assignment Style

The reference above will also supply you with the Assignment Style rules followed in Kaplan. In short, the main things to apply are as follows:

1. Write your name clearly on the cover page using the Lecturer's Comment Form
2. Your assignment should be type-written.
3. Spacing 1.5 with font size 12 using Arial font style.
4. Include page no.
5. Include a Reference Page at the end of your assignment.

RELEVANT MODULE LEARNING OUTCOMES ASSESSED:

A. Analyse the options for ICT available to an organisation to enhance purchasing efficiency and effectiveness

B. Compare and contrast the tools and techniques to select, evaluate, negotiate with and manage the quality of suppliers to the organisation

C. Analyse the methods and tool to undertake a cost analysis both internally and externally of the organisation

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