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(Solution) CIPS PSE ROSHN Procurement/ Commercial Function

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Solution

ROSHN operates a fully independent PS&M department mandated with the responsibility of generating an approved supplier list framework agreements. The components of the agreement is as illustrated in the following;

Figure 2:Approval Supplier List Framework Agreements

Source: CIPS Module Notes

Also, it is a responsibility of the PS&M to generate the Pre-Qualification Questionnaire (PQQ) which is used in identifying the most appropriate supplier for different contracts implementation. This is through the application of procurement supply cycle (CIPS, 2024) comprised of different phases from specifications, tendering and eventually assets management relevant for all the PS&M professionals.  Based on the outcomes, the commercial team plays the mandate of analysing and breaking down of the costs in managing tendering, suppliers relation for ensuring vendors are working in the system. These stages are illustrated in the following;

Figure 1:Procurement Cycle Diagram

Source: (CIPS, 2024)

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Roshn is a national real estate developer owned by the Public Investment Fund of Saudi Arabia. Established in 2020, ROSHN’s mission is to deliver high-quality, affordable housing and develop thriving community destinations across the Kingdom. As one of the largest real estate groups in the Middle East, ROSHN manages a portfolio of ambitious residential and mixed-use projects. With operations in major cities, ROSHN’s developments will contribute to Vision 2030 goals of increasing home ownership rates and improving quality of life for citizens. To effectively manage its large-scale, nationwide portfolio, ROSHN relies extensively on advanced information technologies and robust cybersecurity protections to support all aspects of its business. The scope of the organisation operations is as summarised in figure 1;   Figure 1:Summary of  ROSHN Projects Source: ROSHN (2023) To evidence ROSHN’s success, several key investments have been made supporting their projects. The Public Investment Fund provided an initial $2 billion seed funding for Roshn's development, a historical area transforming ancient sites into vibrant destinations. Additionally, over $3.2 billion has been committed through public-private partnerships for critical infrastructure development by 2023. This success is informed by ROSHN’s strategic plans, which oversee approximately 25,000 square kilometers encompassing residential communities, natural assets like oasis valleys and mountains, and cultural heritage sites across Saudi Arabia (Argaam 2022). The significant investments reflect confidence that ROSHN can successfully deliver on their mission of developing thriving regions nationwide.