Assignment Problem 1: One of your team's key stakeholders, the Head of Engineering needs software that will help him improve the responsiveness of Tectonic's app. This software is extremely expensive, and is only provided by one supplier in the market. He is saying that it is the only tool that provides him with the needed features. Moreover, he worked with is before in his previous company and thinks it is the "Best Tool" in the market.
He didn't have time to raise a request through the procurement portal, as it requires an extensive amount of data and is too complicated to use.
What you think seems to be the main problem in above situation?
What are the solutions?
He decides to go ahead and confirm with this supplier the tool, and received a contract to sign.
At this point, he comes to you to get your approval.
How would you manage this situation?
What are the actions you will make here, and how would you close this.
Assignment Problem 2:
Lowering costs continues to be a primary procurement mandate. One of the main struggles procurement professionals have in this arena is maintaining cost savings year after year.
And Tectonic leadership team expects you to deliver savings on several key categories, such asIT, Travel, Media Buying and Telcos.
1. What are the steps to take to analyze the spend and come up with a suggestion to the management?
(Please advise the different saving types you suggest for the above categories. Kindly elaborate here about the cited types and give examples of different saving techniques.)
2. How would you convince the management of the suggested saving percentage, what would be the basis of your suggestion?
Forward looking Final Question:
DAWN OF SOCIAL-MEDIA TECHNOLOGY
Technology is set to fundamentally change the way in which procurement operates over the next few years.
What are the steps you would take to prepare for the above?
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