Solved: LOG303 Sourcing and Supply Management
This is a group-based assignment. You should form a group of 4 members from your seminar group. Each group is required to upload a single report to Canvas via your respective seminar group. Please elect a group leader. The responsibility of the group leader is to upload the report on behalf of the group.
It is important for each group member to contribute substantially to the final submitted work. All group members are equally responsible for the entire submitted assignment. If you feel that the work distribution is inequitable to either yourself or your group mates, please highlight this to your instructor as soon as possible. Your instructor will then investigate and
decide on any action that needs to be taken. It is not necessary for all group members to be awarded the same mark.
Marks awarded to your assignment are based on the following guidelines:
- 80% of the marks are allocated to the content of your answers:
The marks awarded to what your answers cover depend on the extent to which they cover the key points that correctly and comprehensively address each question.
The key points should be supported by evidence drawn from course materials and, wherever relevant, from other credible sources. - 20% of the marks are allocated to the presentation of your answers:
Wherever applicable, the marks awarded to how your answers are presented depend on the extent to which your answers:
form a sound reasoning by developing those key points in a clear, logical and succinct manner;
provide proper and adequate in-text citations and referencing to content drawn from course materials and other credible sources;
strictly follow APA formatting and style guidelines, in particular for:
o in-text citations and end-of-report references;
o the identification of figures and tables;
[You can find a short tutorial on the APA formatting and style guidelines here:
https://is.gd/mgEOnC. Additional details (pertaining to tables and figures) can be found here: https://is.gd/O4vDdT.]
use, wherever relevant, the specialised vocabulary and terminology commonly used in discussions about the topic(s) covered by each question;
provide a reference or bibliography at the end of the main report;
include the less relevant details in an Appendix;
use sentence constructions that are grammatically and syntactically correct;
are free from spelling mistakes; present the workings, numerical formulations and results in a logical manner that follows the APA formatting and style guidelines;
design and present graphs, diagrams and plots that follow the APA formatting and style guidelines;
are highly original;
have proper formatting, which may:
o include a properly formatted cover page;
o respect the answer length/word count set out in the assignment guidelines, if any is prescribed;
o present answers in paragraphs with proper spacing and page margins;
o include page numbers and appendices, if necessary.
Note to Students: An ability to conduct proper research, provide the appropriate referencing of sources and demonstrate critical thinking skills are all essential skills that our students must develop. Hence, marks are awarded for good research effort and proper referencing.
Less marks will be awarded to students who merely extract information from their reference sources without demonstration of critical analysis and use of appropriate examples to reflect an ability to apply the relevant concepts.
There is a total of one (1) mandatory question for this GBA. You must answer ALL parts of Question 1.
Question 1
Consider your organisation (or one that you are familiar with) and how it manages its procurement and strategic sourcing processes, in the context of its business (or organisational) strategy. You should relate your answers specifically to the organisation you have in mind, and provide relevant examples from the organisation to support each of your answers.
(a) Describe the profile of this organisation, including the industry in which it operates, the nature of the goods and services which it requires as part of its business, a general estimate of the number of its suppliers and employees, and the role of the organisation in the supply chain.
(5 marks)
(b) Show the importance of an efficient and effective procure-to-pay (P2P) process to this organisation.
In your answer, you should consider the objectives of a P2P process and evaluate the relative importance of such objectives to this organisation. Support your analysis with specific examples from this organisation.
(10 marks)
(c) Formulate and recommend three (3) key supplier identification and evaluation criteria that would be relevant to this organisation.
Discuss two (2) possible issues (be it in the shorter and/or longer term) that may arise from the use and reliance by the organisation on such criteria. In your answer, you should demonstrate an understanding of the power of suppliers under the Porter’s Five Forces framework vis-à-vis this organisation.
(20 marks)
Examine whether it is appropriate or otherwise, feasible for this organisation to adopt (or as the case may be, to continue to do so) global sourcing. In your answer, you should analyse two (2) possible benefits and two (2) possible issues related to global sourcing for this organisation.
Conclude with your views on how the adoption (or lack of adoption) by this
organisation would affect the efficiency and effectiveness of its P2P process.
(20 marks)
(e) Based on the various aspects of your analysis in Question 1(a) to (d), analyse and discuss three (3) key supplier performance measures that would be appropriate for this organisation. In your answer, you should provide specific examples of the appropriate performance measures and recommend the intervals at which this organisation should evaluate its suppliers based on such measures.
Conclude with a recommendation on a supplier performance measurement system or technique that this organisation can adopt, taking into account the limitations and benefits of the recommended system or technique.
(20 marks)
(f) Recommend an appropriate framework to structure and segment the supply base of this organisation, supported by examples of specific goods and/or services that this organisation procures from its suppliers.
Discuss the various effective procurement strategies which this organisation can use to manage the categories in this framework.
(25 marks)
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