(Solution) 5CO02 (AC2.1) With reference to a people practice issue, interpret analytical data using appropriate analysis tools and methods

In this second assignment in Advanced Practitioner Award, a business report which evaluate global commercial strategy has been developed. This evaluation focuses on Hertfordshire and West Essex (H&WE) NHS organisation.  The rationale of this evaluation is informed by the fact that an organisation strategy guides an organisation success in achieving a competitive advantage and dominating their market of operations. The areas of focus in this report include relationship of strategy and corporate, business and functional structures, methods used to analyse supply chain, managing resources for supporting development and implementation of strategy and how costs and finance could impact on supply chain. Through the application of different CIPS Models and techniques (Mendelow Matrix, PESTLE Generic Analysis tool, and risks register), various findings were obtained. These include support of existence of a direct correlation of strategy, corporate, functional structures and business practice.  In analysis of supply chain, predictive and descriptive approaches which are quantitative and qualitative identified as relevant for the evaluation. Also, by ensuring all relevant stakeholders are engaged in the process, successful costs management and supply chain analysis identified. Hence, these findings indicate that by Hertfordshire and West Essex (H&WE) NHS operating a global corporate strategy, they would lower their costs overruns, profits acquired and dominate their industry. These findings are aligned with the Key Performance Indicators (KPIs) influencing contract management process and supply chain. Finally, from the findings and conclusions in this report, various limitations have been identified which can be managed through the following recommendations;

• Hertfordshire and West Essex (H&WE) NHS need to prioritise on investing on technologies for improving analysis of the relationships and corporate strategy achievement
• In supply chain analysis, open book pricing also characterised with flexibility influencing scope of collaboration and suppliers partnering hence an improved practice
• Engage Procurement and Supply Chain Management (PS&M) successfully since they are engaged to predict and satisfy customers’ needs
• Consistently updating their supply chain networks informed by different risks