Driving Value through Procurement and Supply and Managing Expenditures with Suppliers

Driving Value through Procurement and Supply and Managing Expenditures with Suppliers

There are two topics and each topic has his own questions.You will find the topics and questions in the attached file name (Practitioner Assessment 1 Generic V2).
You should write about SABIC (Saudi Basic Industries Corporation) Company in Saudi Arabia.

Note: please follow the attached files such as the Assignment Guidance.

Driving Value through Procurement and Supply and Managing Expenditures with Suppliers

There are two Topics as follow:

1- Driving Value through Procurement and Supply

Question 1: 50% of the total marks

Tasks
Compose a report that is to be considered by your Board of Directors, which evaluates:
(a) The opportunities for the procurement and supply function to create savings or efficiencies or other
sources of added value
(b) How the profile of the function can be improved
(c) How collaboration can be created with stakeholders to increase early engagement in the procurement
process
(d) The need for organisational policies and procedures to implement effective procurement and supply

Driving Value through Procurement and Supply and Managing Expenditures with Suppliers

Guidance
Your report should consist of approximately 1,500 words and should include a title, your candidate number,
contents page, executive summary, references and a bibliography. Any source materials such as web sites,
reports, articles, market data, journals or texts should be referred to in your references or bibliography.

2- Managing Expenditures with Suppliers

Question 2: 50% of the total marks

You are required to select an example of a category of procurement of a product, service or works bought
by your organisation.

Driving Value through Procurement and Supply and Managing Expenditures with Suppliers

You are required to:

(a) Research the market of your chosen category and review its size, scope and extent of competition

(b) Summarise the demand and supply factors that impact on the chosen category of procurement

(c) Explain the current pricing mechanism applied to the category and assess the factors that impact on the
pricing of the category

Guidance
This section of your work should consist of approximately 1,500 words and should include a title, your
candidate number, contents page, executive summary, references and a bibliography. Any source materials
such as websites, company reports, indices, market data, articles, journals or texts should be referred to in
your references or bibliography.

Driving Value through Procurement and Supply and Managing Expenditures with Suppliers