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(Solution) CIPS ADNOC Sourcing Essentials PSE
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- For the current report, the sourcing approaches identified and in-depth explained are informed by the ADNOC chemicals sourcing.
- In tandem with the different spend categories, different sourcing approaches for the spend have been applied with a supplier appraisal generated at the end.
- Through an in-depth analysis, sourcing strategies evaluating in areas of multiple, single, dual and sole. For procuring the chemicals, multiple sourcing is the best practice due to the procurement process characteristic.
- As evidenced from Kraljic analysis matrix, suppliers relations are noted with chemicals procurement being a leverage category.
- The Carter’s 10Cs model is applicable to pursue suppliers appraisal for chemicals sourcing supplier appraisal.
(Solution) CIPS Module 3 Risk of Increased Costs
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(Solution) 5C003 outcome of your assessment (strengths, weaknesses and development areas) and the information that informed your conclusions. (AC 3.2)
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(Solution) 7C003 Plan continuing professional development that involves both planned learning and reflection
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(Solution) CIPS FIDIC Contracts Advanced Practitioner Corporate Award (APCE)
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- In this report, an evaluation of a contract by Oracle which is FIDIC guiding their construction projects in more than 67 countries globally has been carried out.
- It is evident from the analysis that there are varying contractual terms having an influence on the power and risk distribution between a supplier and an organisation.
- The rationale of this is that a contract is a legally enforceable agreement between different parties with specific acts or practices to be put into account.
- The core report areas of focus of focus has included the issues of price, quality, construction projects delivery timeline and health and safety have been put into account on the extent in which the risk and power are distributed between the contractor and the organisations.
- In the components identified, it is evident that irrespective of whether the buyer or supplier executes the risk or power.
- Through the application of different tools such as Mendelow stakeholders matrix, SWOT analysis and others, distinct issues and risks characterised by various challenges in the construction projects execution with their mitigation approaches and risks have been evidenced.
- As evidenced from the Kraljic analysis, it is evident that contractual terms have a strategic relevance in the context of Oracle informing on their holistic leveraging on the risks and powers of the contract.
- In situations where Oracle fails in leveraging on contract holistic risks power balance, warrant and also insurance cover is used.
(Solution) 5CO03 Recognise when and how you would raise matters which conflict with ethical values or legislation. (AC1.4)
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