Description
Solution
A major lesson learnt in this research included improving my skills and competencies to pursue evidence-based management in different dimensions. I selected an already existing issue and setting out for using research methods for solving them. This contributed to my learning on setting elaborate and achievable objectives and reviewing of all evidence. Prior working on this research, I would have been able to implement what the rest have done without evaluating contextual suitability and applicability. While this is noted to have been relevant in varying scenarios, we have at all times achieved unforeseen challenges contributing to lack of capacity to continue with the process implementation. Besides, while I was looking for literature, I managed keenness in examining its relevance to our context and issues which I regard as of immense concern. This project similarly offered me with a chance of using employees participation tools learnt on and which I had not gotten an opportunity for practicing and specifically surveys and interviews. I similarly got an opportunity for interpreting analysis findings improving my confidence in the competency.
I do not have any issue with setting time appropriately in Gantt Charts since I prioritised on worst-case scenario. My ability of completing this in a timely manner was due to collecting data in a timely manner. Specifically, my colleagues demonstrated eagerness of contributing to opinions hence overall time used to collect data reduced by more than a half offering me more time of putting the report down and submission of the draft assessment.
In the data collection, I had zero issues with questionnaires questions clarity since I engaged a professional with knowledge in this area. Nevertheless, I faced a set of issues to get the interviewees translate entire questions to Arabia. The respondents had a challenge of opening their experiences. For future best practice, my preference is having third parties pursue interviews for reducing likelihood of insecurity preventing provision of detailed narrations uncovering further challenges. To present recommendations, I would have pursued appropriate powerpoint document. Since the interviews were conducted on phone, there were misunderstanding due to language differences. Some of the respondents only used Arabic to communicate and as such I had to translate the findings to English. In the process, the meaning would have been lost. The time was also limited hence failure to use follow-up questions which are equally important in interviews data collection.
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(Solution) CIPS Advanced Level Contract & Category Management in P&S – APGM
- This business report has been used for evaluating the category and contract management in Eco2Solar Company.
- In particular, Eco2Solar operates to improve their project management (PM) and Cost Management (CM) as part of their category management has been evaluated.
- The areas of focus has included an evaluation of requirements for initiating and preparing category management, strategic and conventional sourcing process and role in contract management, tools and techniques for mapping categories of direct and indirect expenditure.
- From the findings obtained, innovative measures for improving the supply chain in light of categories and category management has been recommended.
- Further, in this business report, the contract administration and contract management in case of category management has similarly been evaluated in context of category management this is with assessment of risks and implementation of risk management techniques in contracts being reviewed in context of category management.
- In order to appreciate the best practice in category and contract management in the selected Eco2Solar construction spend area, use of quantitative and desk research has been pursued to obtain relevant data.
- Additionally, different tools have been applied such as Mendelow Stakeholders analysis, CIPS Category Management Cycle, CIPS Contract Management Cycle, Suppliers positioning, PESTLE analysis and SWOT analysis.
- Considering this business report findings, Eco2Solar need to improve their approach for risk management and efficiency and effectiveness of category and contract management.
- From these finding, the stakeholders collaboration in Eco2Solar need to be improved which can be done by embrace of blockchain technologies.
- Also, by identifying their PS&M teams training and capacity development, they would be able to improve on their category management. In the contemporary procurement environment, the training and capacity development has been noted as the best practice to manage gaps in their operations. Also, the findings indicate the need for Eco2Solar to improve their category management of their construction spend by coming up with appropriate SLA’s agreement and KPIs while ensuring they capitalise on innovativeness.
- For the project management and cost management, this being a long-term investment would require an improved auditing. This can entail embrace of analytics to analyse and present contract management data and appropriate management strategy.
- The importance of improved collaboration is ensuring stakeholders active involvement and awareness on core decisions made as this could harness their practice, contribution and suggestions noted.
- By successfully pursuing stakeholder analysis, it is important to maintain stakeholders relations which promote Eco2Solar organisation image and increase their market share.
(Solution) CIPS Category & Category Management in Procurement and Supply (PS&M)- APGM Occidental of Oman (Oxy)
- Investing in blockchain technologies, cloud-based platform and L&D strategy for contract management strategy to improve entire stakeholders relationship
- Increasing budget assigned in their PS&M post-COVID pandemic economic recession
- Initiate an organisation team members to improve how they integrate and harmonise PS&M approach in the organisation
- Prioritising on increasing team-based working in their sourcing with entire vendors involved for achieving cost saving
- Engagement of various organisations to improve on skills, competency and acquiring relevant talents
- Approving budget intended to implement risk analysis for various potential risks faced