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Related Papers
(Solution) 3C004 CIPD Explain each stage of the employee life cycle and the role of the people professional in it. (AC1.1)
(Solution) CIPS The impact of market changes on the ADNOC supply chain
(Solution) LEADERSHIP AND MANAGEMENT ISSUES: Change Management and Ensuring Employee’s Productivity and Performance
(Solution) CIPS MER Practice role in Positive Contribution to Organisational Success
In summary, this report has focused on evaluating best practice in assisting a personnel with roles in procurement and supply to develop capability to achieve value-for money outcomes with the supply chain. Also, the entire personnel linked with procurement and supply impact on success of organisation through a series of initiatives. These include effective purchasing, inventory control, expenditure management and application of strategic procurement and supply techniques with category management and strategic sourcing. By using different tools and best practice in Ericsson organisation, these areas have been evaluated in-depth. The findings indicate on the need for PS&M professionals to continuously develop their capabilities to achieve value for money outcomes in their supply chain. This is while executing different functions for positive input to their organisation success.
There are gaps identified in the findings which can be filled through the following recommendations;
- It is unclear on how collaborative relationships is achieved in the supply chain since there are multiple stakeholders with varying interests. There is hence a need for embracing technology to enhance how the relationship with all stakeholders is pursued
- The global supply chain success is impacted by external events. This creates inefficiencies in the supply chain. These could be managed by putting in place appropriate systems for increasing value for money outcomes in times of uncertainties.
- Engagement of colleagues and other internal stakeholders for promoting organisation commitment to achievement of effective supply chain management is unclear. It is hence important to consistently improve the scope of engagement for improving consistency in value for money outcomes, fair-based practice and innovation embrace
(Solution) CIPS Advanced Level Commercial Management Assessment
- In summary, this business report has evaluated the global commercial strategy within Eco2Solar organisation. As a best practice of leveraging on competitive advantage and market dominance, organisation strategy has been identified as instrumental.
- The findings of this report indicate that there exist a direct relationship between the strategy and corporate, business, functional structures. This is with various methods which include predictive and descriptive approaches used in the analysis of supply chain.
- By leveraging on various tools such as Pestle generic strategies, Mendelow stakeholders’ analysis and risk register, the need for resources and also stakeholders’ involvement in the commercial strategy has been evaluated.
- This is while managing costs overruns and supply chains managed appropriately.