This assignment focus is evaluating various sourcing approaches used in Procurement and Supply Chain Management (PS&M). To achieve this aim, Royal Commission of Al-Ula (RCU) is used as the organisation of interest. By focusing on different categories of spend including technology systems, various sourcing approaches have been evaluated. The sourcing approaches in line with CIPS Module Notes include single, sole, multiple, and dual sourcing. The findings of this assignment have been informed by various tools and models used in analysis including Kraljic matrix, Mendelow matrix, business hierarchy of needs and SWOT analysis among others. The findings indicate multiple sourcing appropriate to involve many suppliers, single sourcing only one supplier with dual sourcing two suppliers only often evidencing conflicting expectations. At the end of this assignment, a supplier appraisal checklist has been provided using the Carter’s 10Cs model in the technology system sourcing category. From the findings and conclusions in this assignment, the identified limitations can be managed by using the following recommendations;

• Transitioning from only one sourcing approach for all their spend categories and select each for all their spends
• Ensure policies in PS&M are appropriately implemented while prioritising on their different stakeholders interest areas
• Embrace of technologies in their sourcing process for sake of achieving modernised suppliers appraisal and eventual selection
• Improve RCU Ariba and SAP system intended for improving exchange of data and information for supporting their sourcing approaches embrace

 

In this assessment of developing contracts in procurement and supply, a focus on an identified contract in Red Sea Global (RSG) has critically been evaluated. The explanation focuses on how the terms and conditions assist the organisation in ensuring effective management of risks of poor quality, extension of time, increased costs and unethical practice. Also, the role of terms and conditions in ensuring the relevant performance measures monitoring and management are put into account. RSG organisation is classified as a highly visionary developer fully owned by Public Investment Fund (PIF) of Saudi Arabia considered. To achieve the intended aim of this assessment, the focus is on Convertible Construction Contract with the terms and conditions selected being general and used in various construction categories in the organisation. From the evaluation of the contract terms and conditions, the obtained findings indicate that the contract terms and conditions are detailed and used to guide success of procurement and supply. The terms and conditions guarantee P&SM success in  managing the  risks of quality, time, costs overruns and ethics. They are classified to categories of risks management, Force Majeure, Costs management, Indemnity, Insurance and performance. Also, with PS&M working in collaboration with other different departments in the organisation (HR, Accounts, Finance, Legal and IT), cumulative success is guaranteed. This is through delivery of different projects enhancing well-being of clients, community and environment. Also, an outline of “battle of the forms” concept has been carried out with a detailed explanation on scope of ensuring all agreements are pursued and integrated in RSG terms and conditions successfully. The best practice of managing the issue has been evident. There are different gaps identified from the findings and conclusions in this assessment. To manage these gaps, the recommendations are;

• A review of risks management approach integrated to the terms and conditions
• Develop a clear approach for agreement with different suppliers for managing “battle of the forms”
• To use various KPI’s and reports to implement contracts
• To reconstitute how innovation and technologies are included in implementing contracts
• To enhance scope of understanding and awareness regarding the contract terms and conditions

In this integrated assessment, a focus on a formal negotiation plan has been pursued. This is through the focus of Roshn organisation which is a Saudi Arabia’s largest real estate development company owned by the Public Investment Fund for KSA, has Vision 2030 supplier sourcing management strategies. The firm’s procurement department relies on a model outlined by Bailey et al that provides a rigorous approach to preparation and analysis in order to get better bargains. Hence, the Roshn internal supplier data collection and external market research to create accurate supplier risk and sourcing plans. A variety of tools is applied, such as the Kraljic Matrix that is used to sort suppliers. The key findings note that different training activities include negotiation simulations and skills to prepare and help procurement officers for the journey. Another key finding ius that detailed planning and analytical structures accompany objectives and concession tracking. Another key finding note that supply relations are strategically classified on issues of risk and consequences as far as supply management is concerned. On a continuous basis, repetition and necessarily sequenced post negotiation reviews improve processes gradually for a successful negotiation plan. From the findings and conclusions obtained, to maximise efficiency and optimise outcomes, it is recommended:

• Roshn standardise the Bailey et al procurement framework.
• Regular training will develop negotiation mastery, and the Kraljic Matrix will tailor strategies per supplier importance.
• Sourcing strategies should evolve through market reviews. Building long-term, trusting partnerships will foster competitiveness beyond transactions.
• Clear metrics measuring initiatives' success will empower data-driven process adjustments.
• Adopting these practices will enhance Roshn's sustainable sourcing in support of Vision 2030 goals.