(Solution) CIPS New Developing Contracts in Procurement and Supply -PDC
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(Solution) CIPS New Developing Value Through Procurement & Supply; Managing Expenditures with Suppliers (PDV)
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In these modules “Developing value through procurement and supply and managing expenditures with suppliers”, a report is developed focusing on procurement supply and management (PS&M) function to achieve value for money outcomes.
The organisation of focus is Qatar Railways Company (QRC) in sourcing for catering services. Part of this report also entail evaluating approaches of management of costs for the catering services. The data used to generate the findings in this report has been sourced by use of internal documents in QRC, available research from reputable sources and suppliers analysis.
Further, various theories and models have been used from CIPS Module notes and guidance (STEEPLED, Mendelow, Kraljic and Suppliers Preferencing and more ) to generate appropriate findings.
The main findings in this report evidence that QRC works with many stakeholders for success in their PS&M and specifically sourcing for catering services. Further, with QRC operating in a competitive oligopolistic market environment, achieving value for money outcomes in their PS&M operations is essential.
The major findings is that the organisation uses a strategic approach in achieving value for money outcomes. The approach has its advantages and disadvantages with areas of improvement identified in the recommendations. From the identified findings of analysis, a set of gaps have been identified which can be managed by identified recommendations;
- Pursue detailed analysis of stakeholders positioning to ensure overall interests are prioritised
- For catering services, engage different potential suppliers to avoid monopolistic demand and supply hindering competitiveness
- Engage PS&M experts and specialists to acquire knowledge on improving value for money outcomes
- Reviewing budgetary allocation in catering services sourcing and include modernisation of their sourcing
(Solution) CIPS New global strategic practice used in management of a supply chain in an organisation
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This advanced level third module assessment focuses on evaluating global strategic practice used in management of a supply chain in an organisation.
The rationale for working on this assignment is guided by findings that supply chain development has an influence on positioning of an organisation in a market and sustainability in sourcing process.
Also, with globalisation a current trend in modern procurement and supply chain management market, it influence how supply chain management is pursued and performance in corporate level. The organisation of focus is XXZ organisation engaged in provision of procurement outsourcing services in Qatar.
As a subsidiary with headquarters in United Kingdom, XXZ organisation supply chain and globalisation has a direct link with corporate performance. This is despite of the identified challenges, risks and opportunities.
The key findings in this report evidence supply chain network inclusive of different tiers as impacting organisation operations. This is since it has an influence on positioning for achieving set goals and corporate strategy.
From the analysis findings, the use of various models for challenges and opportunities (SWOT) and environment analysis impact on supply chain (STEEPLED) XXZ organisation is appropriately positioned in using different supply chain strategies.
The different stakeholders have also been identified to impact the supply chain management success influenced by financial and non-financial factor.
The findings and conclusions made in this report inform a set of improvement areas;
- Enhance collaboration, networking and innovativeness for sustainability of supply chain network
- Investing in L&D opportunities for XXZ PS&M teams to understand impact of supply chain and competitiveness
- Management of encountered supply chain relations conflicts to ensure stakeholders involvement and inclusion in its implementation
- Transition supply chain network to include globalisation demands with all risks and challenges managed
(Solution) CIPS New Global Strategic Supply Chain Project
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- The purpose of this project is to evaluate supply chain automation by leveraging Industry 4.0 technologies. The identified technologies include Artificial Intelligence (AI) and Machine Learning (ML) noted as critical for streamlining operations and obtaining value-for-money outcomes. This has been pursued by focusing on Wood Plc.
- To conclude, the generated findings of this report evidence WPC is today adopting the application of iSourcing in their procurement and supply management (PS&M).
- In the current project, through an evaluation of options for automation of the organization PS&M, the findings evidence the existence of different limitations hindering the success of their system. The issues of cost overruns, lack of collaboration, and inefficient supply chain as the organization is expanding its current operations have been noted to include limitations of their current sourcing.
- Success in the automation of their supply chain has been identified to lead to the following outcomes;
- Organisation achievement owing to automation of their supply chain, increased confidence and capability, talent management, and employee competency
- Improved stakeholders relations (a later section of stakeholders analysis) easing the change process. Through the iSourcing improvement, WPC would be in a position of harnessing technical and commercial evaluation processes.
- Increased and robust systems and policies which mitigate overall gaps in sourcing system transformation
- Today, only lower than 10% of the entire WPC resources are used to prioritize automation and IT integration successfully. Automation would improve the use of resources in their operations
- Involve their IT and finance departments to ensure within a period of 6 months they
- WPC needs to consider embracing sustainable practices as part of investing in their Industry 4.0 technologies
- Through the adoption of automation, better communication systems backed by AI and ML would be introduced to achieve 70% increased communication effectiveness.
- It is important to increase this through increasing collaboration and alignment of all their interests holistically
- Partnering with institutions for the provision of capacity development opportunities for the PS&M teams and other organizations for the success of the automation process
- Expanding their sourcing of Industry 4.0 technologies. This is to involve highly reputable global companies hence efficient operations and integration of AI
- Source of support from the government to ensure that they are facilitated in terms of policies and appropriate regulations to guide the automation process.
(Solution) CIPS New PDV- Driving Value Through Procurement and Supply; Managing Expenditures with Suppliers
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- Based on the above discussion, this paper has demonstrated that procurement and supply functions in an organisation are critical in reducing costs, ensuring cost-effectiveness and value for money.
- The procurement department at RCU is key to preventing adverse effects resulting from the adoption of new technology within the industry.
- Each organization has its set of rules and blueprints that determine the procurement and supply activities. These rules are beneficial to the organization in several ways, which include improving financial stability, lowering business risk, increasing employee performance, and creating better supplier relationships.
- Investors’ involvement in the procurement and supply process is critical since it facilitates business transformation.
- Effective procurement and supply management is important to organizations because it is central to the success of organization. The procurement department at RCU focused on the purchase of IT software as the area of spend.
(Solution) CIPS New Saudi Aramco Driving Value Through Procurement & Supply; Managing Expenditures with Suppliers
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In this first project in Corporate Award Program, the focus has been on role of procurement supply and management (PS&M) responsibility in achieving value for money outcomes. This is through the focus on Saudi Aramco third party logistics spend category.
Also, a review on the current approaches to management of prices and costs for the third party logistics spend category has been identified.
This is by using different data and information from contracts management, procurement, commercial-driven development, strategic sourcing and PS&M practices.
Also, different models have been used including Mendelow, Kraljic matrix, Porter’s 5 forces, STEEPLED and Suppliers Preferencing model.
The key findings obtained in this project include the view that Saudi Aramco engage multiple stakeholders for successful practice.
Also, the key findings evidence their market environment as competitive hence success in achieving value for money outcomes.
The organisation strategy of achieving value for money outcomes has similarly been identified. This is with its pros and cons enhancing or limiting a successful implementation established.
From the findings and conclusions, various recommendations have been generated which include;
- An in-depth evaluation of positioning of all stakeholders for accommodating their interests in their operations
- In third party logistics, they can involve multiple sourcing to be competitive hence value for money
- To involve different specialists for gaining awareness on improving value for money
- Review of budget in sourcing third party logistics with technology involved in sourcing process.
(Solution) CIPS New Sourcing Essentials (PSE)
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(Solution) CIPS Occidental of Oman Commercial Management Assessment
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(Solution) CIPS Occidental of Oman Leadership & Management in Procurement and Supply
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- In conclusion, this assessment has evaluated leadership and management in procurement and supply in Occidental of Oman.
- The scope of this report include the leadership and management on organisational behaviour, leadership approaches on job satisfaction and sources of power in the organisation it relevance.
- Further, this assessment has focused on relevance of equality and diversity policies in Occidental of Oman company. There are different tools and techniques which have been used including PESTLE which note that the leadership and management are distinct meanings but interchangeably applied.
- Also, the models used in analysis evidence the concepts as influencing organisation behaviour. The findings evidence existence of stable and holistic leadership in the organisation.
(Solution) CIPS Oman Cohort PSE Sourcing Essentials
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- This assessment has focused on identifying four sourcing approaches and explaining their application in the category of spend within XXX organisation.
- Based on the different categories selected in sourcing approaches, IT category of spend supplier appraisal has been conducted.
- Through a detailed evaluation, the sourcing approaches identified include multiple, single, dual, and sole.
- For the IT category of spend, multiple sourcing has been selected as the most suitable due to the procurement nature.
- In the Kraljic analysis tool identifying the nature of supplier relationships, IT has been classified as a leverage item.
- The availability of different suppliers in procurement is identified as a multiple sourcing approach.
- A single, dual or sole supplier is not suitable for IT procurement due to its technical and quality specifications required.
- Carter’s 10Cs model has been selected for XXX IT sourcing supplier selection in the supplier selection.
(Solution) CIPS Oman LNG LLC Advanced Practitioner Corporate Award (APCE)
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- In this assessment, by selecting Oman Liquefied Natural Gas LLC (Oman LNG), contractual terms for identifying the distribution of power and risk between the supplier and the organisation has been pursued.
- In the different areas which have been focused on for evaluation making the contract, it is evident that there are areas where risk and power is distributed to either party.
- There is no dominant stakeholders assuming exclusive risk or power of the contract.
- Further, the findings in this assessment has identified the distribution of risks and power in the contract as being informed by the scale, diversified level and core feature of the contract implementation.
(Solution) CIPS Oman LNG LLC Advanced Practitioner Corporate Award- APCM
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- In summary, this report has established a category plan by focusing on facilities management in Oman LNG organisation.
- A summary of the category plan has been noted as appropriate to develop appropriate category guided by goals and objectives of an organisation, maximising value, mitigating risks, goods and services supply managed appropriately. In this case, the category plan is in tandem with retailers and business portfolio to pursue their client’s needs.
- The data and information has been obtained by using techniques which include Kraljic matrix, SWOT analysis, STEEPLE analysis, Porter’s 5 Forces analysis and industrial lifecycle and more have been adopted for internal and external aspects essential for prioritisation.
- This is for effective risks and management issues.
- The category plan prioritise on areas of communication, support system and managing entire risks by establishing effective category management.