(Solution) CIPS PSE Introduction ROSHN Organisation
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Description
Solution
1.0 Introduction
1.1 ROSHN Organisation
In this assignment , ROSHN organisation has been selected for evaluation. The organisation under the Public Investment Fund (PIF) is mandated with a responsibility of development of immense quality residences in Saudi Arabia (KSA) real estate sector (ROSHN, 2024). Today, with over 60% dominance in residential construction in KSA, ROSHN ranks as a leader in KSA real estate industry today. In KSA, there is a government policy which intend to ensure that the country achieves 70% of entire home ownership in the entire country. For all the population groups in KSA, they have houses based on their budgetary allocation and needs. This is attained by priority being on supporting various sectors and partnerships for increasing job opportunities available and economic growth. The vision and mission of ROSHN is summarised in the following;
Figure 1:ROSHN Vision, Mission and Objectives
Source: Summarised from PIF (2024)
From the summarised figure 1, ROSHN success in their operations is successfully based on progressive vision, mission and core objectives. To achieve this, they have a substantial budget in their Procurement and Supply Management (PS&M) amounting to SAR200 Million (PIF, 2024). The budget is used in managing the relations of various consultants, contract management, manufacturing teams and PS&M players. In all the identified spend/expenditure areas, ROSHN operates different sourcing approaches…….
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