Dissertation Procurement Strategy Text

Jonathan Friesen - Writing Coach

Showing result 1 5 of 19 swedish dissertations containing the words procurement strategy. University dissertation from department of industrial management and logistics, po box 118, se 221 00 lund, sweden abstract. E procurement e business mechanisms deployed on procurement offers many recent and innovative methods that can improve procurement in different ways. The key challenge of e procurement, however, is how to apply the various e procurement applications in such a way that they improve the procurement practice and sourcing strategy of a company.

Help Writing Dissertation Proposal Services

Institutionen för teknik och design found 2 swedish dissertations containing the words procurement strategy of housing. Generella fördelar är ett plattformstänkande och modulvarianter som ger en rad olika produktvarianter genom få antal komponenter. Read more the business dissertation below has been submitted to us by a student in order to help you with your studies. The process covers a whole cycle from the identification of needs through the supply of the product and to the end of the service contact and even the end of the useful life of the asset procured.

This chapter explains the background of this research work, the problem discussion and the overview of the structure adopted in this dissertation. The speed of technological advancement is so much now that no part of the global world can afford to be left behind especially now that the world has become a global village. Businesses all over the world are hence looking for strategies that will position them and make them have a competitive advantage whatever it takes. Such competitive advantage could be gotten from doing business at a low cost achieving lot of savings or having an effective work system. That is what a good procurement best practice strategy can deliver to any organisation. Many organizations are now seen trying to focus on making their procurement strategies as efficient and cost effective as possible to ensure they have a competitive edge in their industries. According to source one management services, llc, 2008 the advent of best practice procurement processes has suddenly seen a lot of companies realizing substantial cost reductions through: having a proper understanding of the cost drivers used in determining total cost of ownership.

Narrative Essay Quinceanera

Elimination of all non value adding process thereby increasing efficiency across the entire supply chain. Aggregation of demand, supplier rationalization, strategic sourcing, and enhanced supplier relationships resulting in improved cycle time. Electronically enabling the supply chain through the use of paperless e procurement tools and e commerce portals. Reduction of carrying costs, warehousing, movement, obsolescence and shrinkage through the alternative inventory ownership agreements ndash retained consignment and vendor managed inventory. Different strategies are often used in achieving the best procurement processes in various industries. The need for developing countries especially nigeria industries not to be left behind in utilizing these opportunity has necessitated this research work. For the purpose of this study, i will consider the extent to which procurement practices in nigeria has adopted the three key strategies discussed in the work namely the lean supply, the e procurement and the green supply strategies as it relates to environmental friendly policies adopted by various organisations in nigeria.

Kirk zylstra 2007 p 10 , argued that the main objective of all supply chain executives today is he to ensure that future business forecasts, ever changing customer demand, and other variations across the supply chain do not upset their carefully laid cost reduction plans. Its however been discovered that the main obstacle to this vision is the ability to model budgets, accurately tie real costs to operations, and develop processes that execute these plans daily. This is where the application of lean principles to supply chain operations can help.

According to len cooper, senior vice president of supply chain halliburton, confirms that halliburton is focusing mostly on lean strategies with suppliers, and less so on six sigma because, as cooper explains, lean focuses on speed and throughput, which is easier for suppliers to apply and is in fact a goal for our suppliers. He went further to states that lsquo rsquo we would rather have our best suppliers grow with us, especially in these times, rather than go out and find more suppliers in order to gain access to additional capacity. We wanted to share our creativity over capital ideas and experiences and benefits with them. In one of the report done by andrea ovans of harvard business report on e procurement at schlumberger oilfield services, the world's largest oil service company on is using the web to revolutionize the way it buys equipment and supplies on what they accomplished by moving to e procurement. The brain behind the strategy, paris based alain michel diamant' berger explains that lsquo rsquo we replaced a number of different systems some that were paper based, some that were automated with a single desktop system. He further confirmed that buying supplies and equipment has often been very slow and complicated in the past, with lots and lots of papers and approval processes involved before executing a buy.

However employees now act as their own purchasing agents, placing orders directly through their pcs and receiving the goods they need much more quickly. The advantage here is that the e procurement single system adopted by schlumberger which help to consolidate purchases and gain greater volume discounts from our vendors. According to derek parker the ultimate aim is to achieve specific, measurable results that improve competitiveness across the supply chain by applying sustainable development practices. Rsquo rsquo suppliers are often made to understand that sustainable practices improve the long term financial bottom line and in many cases the lsquo greening rsquo of supply chain has a positive interaction with a move towards lean manufacturing, and sustainable processes which are ways of eliminating waste. From the aforementioned strategies adopted by schlumberger, halliburton and other organisations described as seen above, it is obvious that there is need to adopt a more aggressive strategy as that adopted by these organisations in order to remain competitive and relevant to their respective industry. The purpose of this research therefore is to evaluate the extent to which these all important strategies have been adopted by organisation in nigeria, noting the implication and the key hindrance inhibiting these strategies.

It is also critical to note that while sustainable procurement activities are common in many developed countries, the awareness and implementation is still relatively low in most developing countries. While i recognise the important role that procurement policies can play to support of sustainable development, this research is aims to contribute to the adoption of sustainable procurement strategy in developing countries especially nigeria. This chapter which serves as the introduction gives the background and overview of the importance of the topic, the purpose of the research and finally the research questions then introduced. The second chapter provides the reader the opportunity to have an insight into the literature review on some the topics related to the research. This leads us to the third chapter giving the details of the methodology adopted in the carrying out the research. It also shows the synopsis of how i arrived at the method i finally adopted for the research.

Chapter four gives the highlight of the background of the companies used for this case study and all data gathered in the course of the research. These data were analysed in chapter five while a final conclusion and implications was drawn in chapter six based on the findings of the data analysis. With the global economic melt down across the nations, organisations are expected to seek a way out of this challenge, among others, looking for a way to reduce turn around time and cost through their procurement strategies. Competition therefore in today rsquo s global market is not only between different companies but also between supply chains management systems. The evolvement in technological advancement and organizational improvements are important for effective supply chain management however, the main cause of scm improvements according to juril et al, 2006 is not the implementation of an information system itself, but rather a change and an integration of business processes.

Over the years some changes have taken place in the development of innovative procurement strategies especially in sectors like manufacturing, retail, oil and gas, construction and even service oriented industry. Jim scotti, 2007 believes procurement is now evolving into a far more strategic discipline, driven principally by a greater awareness of the financial implications of executing the function well. There are different procurement strategies adopted by organisations in the market place but using the best procurement practices would guaranty the desired success for any organisation. Based on different literatures written by authors the subject of procurement, some of the commonly adopted procurement best practices include: creating an efficient system that would save time and money. Creating a pre qualified and broad supplier base which enables all suppliers to be uniformly and objectively evaluated. Creating a comprehensive bid specification with full details before an invitation for bids is sent to the suppliers in the supplier pool. Creating mutual acceptance of the process whereby every supplier in the pool knows that it can bid low on any supply.

Ensuring full transparency of bids through sending bid results to all suppliers that participated in the bid. Monitoring every step of the workflow process to ensure clear communications, attention to every detail and a deliverable end product. While a lot of research has been done on the lean supply and e procurement and their benefits if properly implemented, not much seems to be mentioned on the green supply principles and need to implement these strategies to achieve procurement best practices while considering the environmental friendly green supply chain management scheme in various organisations and how companies can benefit from this inevitable procurement procedure.

Lean as described by nigel 2006 is the process of achieving the flow of products and services to meet customers demand in the right quantity, right time, right place at the lowest price with no waste. The key principle focuses on maximizing customer value by producing goods and services with higher quality, fewer defects eliminating various forms of waste or any non value adding activities through all possible continuous improvement processes. Stratton 2003 believes lean supply enables flow and the elimination of wasteful processes within the supply chain. Its focuses on continuous improvement strategies, through the elimination all non value creating activities, reducing waste and effectively the cost of procurement.

According to lubben, 1998 , lean supply aims at improving efficiency, quality and delivery performance of suppliers. It also focuses on removing all non value adding activities so as to reduce the cost of supply of material. For any procurement strategy to succeed the purchasing manager must be able to connect the strategy with the financial implication or performance. 2003 organizations within a lean supply chain are able to leverage their own lean journey more easily, delivering better customer value by responding more efficiently, quickly, and predictably to customer needs.

Legal Report Writing Training