Strategic procurement and risk

Leading companies have recognised that strategic procurement can play a key role in driving profitable growth and become a source of value – added to their business designs. For this purpose, they have been re-examining their supply base to minimize linked costs and maximize the value of goods and services for their consumers.
For an organisation of your choice that you are intimately familiar with ( no Apple, Zara, Walmart, Tesco or similar, unless you work there!), you are asked
a) to critically examine the sourcing methods and supplier base
b) to propose a strategic source framework which can lead to procurement excellence and value growth




Sample Solution