Briefly discuss the tasks that procurement professionals of the future will be concerned with.
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A: Decision Tree:
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A:
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Briefly discuss the tasks that procurement professionals of the future will be
concerned with.
Step by step
Solved in 2 steps
- Discuss the view that a procurement strategy can be directly linked to the organization’s strategy and long-term business planIllustrate how the procurement processflow? Discuss the advantages and disadvantages on online retail?Describe the procurement process for IT hardware and software in an organization, including the key steps involved and the roles of different stakeholders.
- Discuss the business process and business process reengineering of procurement department.As a supply chain and logistics management student, you have completed key aspects of thediscipline throughout your qualification, namely, purchasing management, supplier relationshipmanagement, warehouse management and strategic supply chain management.This question requires you to reflect on your knowledge and understanding of supply chainmanagement. You are required to write a one-page report where you reflect on:• Which areas of this module did you find most interesting and challenging to learn about?Why?• If the procurement process for inventory is not ethically done, what do you think would bethe impact on organisations?• Do you think the individual responsible for managing inventory i.e., performing ABC analysesor tracking inventory through a warehouse needs to be analytical? Why or why not?• Would using artificial intelligence through computer programs give a non-analytical personan advantage?• Could a career in inventory management be the future for you? Why or why not?Analyze the role of IT procurement in ensuring security and compliance within an organization. How can it be effectively managed?
- Functions in procurement and logistics management face enormous challenges. Examine the statement using relevant instances.Explain the procurement strategic matrix using an example of a newly opened company.What are the essential features and functionalities to consider when selecting an e-procurement solution for an organization?