Assignment – Procurement and Purchasing.The assignment consists of three tasks. You are expected to complete both tasks in this Assignment. The word limit for the Assignment is a maximum of 4500 words. Remember, all the words you use to answer the questions, including quotations and citations, count. You should use the mark allocation for each question as a guide to the number of words required as follows: TaskMaximum mark suggested word count 1 33.331500 2 33.331500 3 33.331500 Any words used that exceed the overall word count for the Assignment will not be marked or commented on. You must provide a reference list and a word count at the end of your work. The reference list is not included in the word count. Assignment Brief, You have to select a company of your choice from the manufacturing industry. Where you will be explaining the following:
1-(a). Critically evaluate the relationship between procurement and purchasing. (b). Explain the different activities involved in the procurement process. (c). Critically analyse centralised and decentralised procurement processes.
2-(a). Evaluate cost related issues relevant to sourcing decision making.. (b). Compare different sourcing alternatives and its application to different businesses. (c). Determine various behavioural factors that impact on sourcing and dealing with customers3-(a). Evaluate the role of technology in enhancing the procurement and purchasing process in organisation. (b). Examine the role of e-procurement in the purchasing management of organisations. (c). Critically analyse key challenges and benefits of using e-procurement in organisations
3-(a). Evaluate the role of technology in enhancing the procurement and purchasing process in organisation. (b). Examine the role of e-procurement in the purchasing management of organisations. (c). Critically analyse key challenges and benefits of using e-procurement in organisations.