Illustrate the role of supply-chain management in the global movement of goods from one country to another, and explain its overall impact on local trade. Support your answer with examples of such an impact in action.
supply-chain management
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Supply Chain Management
Supply Chain Management
Order Description
There are two Questions which are compulsory for this assessment
Question No. 1
• The opportunities for the procurement and supply function to create savings or efficiencies or other sources of added value
• How the profile of the function can be improved
• How collaboration can be created with end user & suppliers to increase early engagement in the procurement process
• The need for organizational policies and procedures to implement effective procurement and supply
Guidance:
• It should consist approximately 1500 word
• Candidate number
• Contents page
• Executive summary
• Reference and a bibliography
Syllabus Coverage:
• The different terms that relate to procurement & supply chain management and logistics
• The roles and benefits of procurement & supply in organization
• How effective procurement impacts on profitability or creating saving and efficiencies for the organization.
• The typical proportion of costs accounted for by the procurement of goods and services
• Internal and external customer and their priorities for procurement and supply
• The inputs that internal and external stakeholders can make in procurement and supply
• The conflicts of interest that can exist in the work of procurement and supply and how to deal with them.
• The different objectives of a procurement and supply function
• Achieving the triple bottom line benefits of sustainability (economy, environment, social development) through purchased goods and services and promoting responsible procurement through effective procurement and supply.
• The documentation typically used in procurement and supply
• The use of documentation policies and procedures for the work of procurement and supply
• The need for approvals in the administration of requisites, orders and invoices
• The use and roles of ethical codes in procurement and supply the principles of corporate governance that applies to procurement and supply
• The use and purposes of financial budgets that impact on procurement and supply
• The relationship between achieving compliance with processes and the achievement of outcomes that bring added value.
Question No. 2
You are required to select an example of a category of procurement of a product, service or works bought by your organization.
You are required to:
• Research the market of your chosen category and review its size, scope and extent of competition
• Summaries the demand and supply factors that impact on the chosen category of procurement
• Explain the current pricing mechanism applied to the category and assess the factors that impact on the pricing of the category
Guidance:
• It should consist approximately 1500 word
• Candidate number
• Contents page
• Executive summary
• Reference and a bibliography
Syllabus Coverage:
• How markets can be defined in terms of size, scope and stages of development
• The levels of industry competition such as perfect competition, imperfect, oligopoly, duopoly and monopolies
• How demand and supply factors impact on organizations
• Analytical tools to explain the impact of the external environment on organizations in supply chains
• How macro-economic factors such as interest rates, inflation, exchange rates and the level of economic activity (GDP/GNP) impacts on organizations
• The use of portfolio matrices to assess categories of expenditures and perceptions of the organization by suppliers
• The main types of pricing arrangements in commercial agreement
• The breakdown between direct and indirect costs
• Types of published data that can provide information on costs and prices
• Published reports and indices on markets
• The comparison of quoted prices to historical data
• The link between costs, prices, margins and mark ups
• Negotiating improved prices/estimating whole life costs.
Supply Chain Management
Supply Chain Management
Order Description
There are two Questions which are compulsory for this assessment
Question No. 1
• The opportunities for the procurement and supply function to create savings or efficiencies or other sources of added value
• How the profile of the function can be improved
• How collaboration can be created with end user & suppliers to increase early engagement in the procurement process
• The need for organizational policies and procedures to implement effective procurement and supply
Guidance:
• It should consist approximately 1500 word
• Candidate number
• Contents page
• Executive summary
• Reference and a bibliography
Syllabus Coverage:
• The different terms that relate to procurement & supply chain management and logistics
• The roles and benefits of procurement & supply in organization
• How effective procurement impacts on profitability or creating saving and efficiencies for the organization.
• The typical proportion of costs accounted for by the procurement of goods and services
• Internal and external customer and their priorities for procurement and supply
• The inputs that internal and external stakeholders can make in procurement and supply
• The conflicts of interest that can exist in the work of procurement and supply and how to deal with them.
• The different objectives of a procurement and supply function
• Achieving the triple bottom line benefits of sustainability (economy, environment, social development) through purchased goods and services and promoting responsible procurement through effective procurement and supply.
• The documentation typically used in procurement and supply
• The use of documentation policies and procedures for the work of procurement and supply
• The need for approvals in the administration of requisites, orders and invoices
• The use and roles of ethical codes in procurement and supply the principles of corporate governance that applies to procurement and supply
• The use and purposes of financial budgets that impact on procurement and supply
• The relationship between achieving compliance with processes and the achievement of outcomes that bring added value.
Question No. 2
You are required to select an example of a category of procurement of a product, service or works bought by your organization.
You are required to:
• Research the market of your chosen category and review its size, scope and extent of competition
• Summaries the demand and supply factors that impact on the chosen category of procurement
• Explain the current pricing mechanism applied to the category and assess the factors that impact on the pricing of the category
Guidance:
• It should consist approximately 1500 word
• Candidate number
• Contents page
• Executive summary
• Reference and a bibliography
Syllabus Coverage:
• How markets can be defined in terms of size, scope and stages of development
• The levels of industry competition such as perfect competition, imperfect, oligopoly, duopoly and monopolies
• How demand and supply factors impact on organizations
• Analytical tools to explain the impact of the external environment on organizations in supply chains
• How macro-economic factors such as interest rates, inflation, exchange rates and the level of economic activity (GDP/GNP) impacts on organizations
• The use of portfolio matrices to assess categories of expenditures and perceptions of the organization by suppliers
• The main types of pricing arrangements in commercial agreement
• The breakdown between direct and indirect costs
• Types of published data that can provide information on costs and prices
• Published reports and indices on markets
• The comparison of quoted prices to historical data
• The link between costs, prices, margins and mark ups
• Negotiating improved prices/estimating whole life costs.