Description
Solution
The use of primary data entail using the first-hand data obtained by a researcher directly. This is different from secondary data which is a form of desk research obtained from the readily existing sources (Cerar et al., 2021; Silevew, 2019).
Considering this research, primary and secondary data was referred to. The rationale of this is that primary data is appropriate as it facilitate use of survey and observations while qualitative primary data being obtained by use of focus groups, interviews and observations. The secondary data is conversely important to source the available literature and apply it to support primary data obtained through the application of interviews and questionnaires.
Additionally, considering this research, through the application of Almarai entity, primary and secondary sources which are qualitative (textual) and quantitative (statistical) were obtained. Additionally, through the application of stay interviews in Almarai, this entail a form of secondary data sourced. Therefore, application of primary and secondary data to analyse turnover scope lead to possibility of managing issues with one strategy by using the strength of the other.
The decision of using either primary or secondary data is dependent on existence and detailed nature of the data. In an event the secondary data is not available/insufficient, sourcing of primary data is identified as essential to answer the research questions. Also, data, whether primary or secondary could either be qualitative (textual) or quantitative (statistical). The quantitative primary data can be sourced by use of surveys or observations, with qualitative primary data being sourced by use of interviews, focus discussions and observations (Silevew, 2019). Taking into account of this research, data is sourced by use of data from qualitative (semi-structured interviews) and quantitative (survey by use of questionnaire) data from the primary sources by use of case study design. The data sourcing is data in a sequential manner from the interviews and later using surveys.
Related Papers
(Solution) University of Northampton Managing Operations and the Supply Chain AS1: Aramis Project
(Solution) CIPD New 5OS05 Equality, diversity and inclusion
(Solution) New 7C001 Level 7 Question 10 (AC 3.2) mantra ‘people support what they help to create’ should underpin the approach taken by managers when restructuring an organisation
(Solution) New CIPD 5HR02 Talent management and workforce planning Assessment ID / CIPD_5HR02_22_01
(Solution) CIPS Project Module 6- Project, Programme and Change Management in Procurement and Supply Chain
- Enhanced Suppliers Performance- With an upward of 50,000 orders annually with 40% valued more than 5 million Omanis and 50% 20 Million Omanis, failure to timely settle invoices, demand for high quality materials and minimising effects would be considered.
- Cost savings- With improved SRM, it is possible for Oxy to negotiate appropriate terms, lower procurement costs (5 Rights not currently achieved) hence working below targets and lead times delivery reduced and achieving economies of scale.
- Increased efficiency- improved and streamlined SRM improve operational efficiency, reducing wastes in administration process for SRM (25% of entire suppliers pay delayed)
- Risk mitigation- this include identification of risks linked with suppliers such as dissatisfaction, financial instability and geopolitical challenges
- Oxy organisation PS&M is supposed to come up with appropriate systems and techniques for improvement of SRM
- Oxy organisation need to make sure they use various automations including AI and robotics for improving collaboration and SRM efficiency.
- Facilitate policies management for improving their operations in onshore and offshore operations with an improved SRM
- Short courses on SRM need to be provided starting with PS&M leadership to achieve 50% increase in awareness of SRM improvements areas.
- Stakeholders relations improved by leveraging on available technologies of communication and interaction.
- Ensure there is 70% increase in budget on SRM improvements