...procurement. Below is a list of commonly used strategic procurement tools that will aid decision-making and support the efforts of commissioners. 1. Spend analysis 2. Collaborative procurement 3. Procurement strategy and plan 4. Category Management 5. Supplier Relationship Management 6. Supply/Value Chain Analysis 7. Competition 8. e-Procurement 9. Standard Terms and Conditions of Contract 10. Framework agreements 11. Preferred supplier lists 12. Sustainable procurement In addition the following section contains information on how to apply the tools above: 13. Applying Strategic Procurement Tools in Practice 1. Spend analysis When used at a strategic level this is a powerful and invaluable tool for identifying and manipulating detailed spend data by, for example, category, provider, cost unit and time period and combinations/permutations of these. This information is the key foundation for other strategic procurement decisions such as category management, supplier relationship management and the procurement strategy. It forms an important part of resource mapping and planning as it allows organisations and their commissioning partners to identify where financial resources are being allocated currently, and commitments in the future. Spend analysis will be particularly useful if carried out regularly and the information is kept up-to-date at a corporate level. If this has not been done then it should be carried...
Words: 4221 - Pages: 17
...Grading Rubric and Example of Case Analysis for MGMT 430 Decision Making Assignment Grading & Feedback (helpful hints in italics) Student: ____________________________Assignment: ______________________________ Area Additional Comments – also see submitted analysis: Executive Summary – clear and concise on key issues and recommendations 5 Executive summary should make the key issues and the recommendations clear for the reader. No need to discuss processes or extraneous items. Industry Dynamics – identifies key issues about how the industry and key competitors operate to provide customer value and profitability 5 Identify how the industry actually operates – are there strategic groups within the industry, how do key competitors provide value to the customers, how do firms generate profits and are there any resources, capabilities or collaborators that are key to success. Performs an insightful Situation Analysis using at least 3 frameworks appropriately (appendix)– IDs key issue(s) 20 Frameworks include such tools/concepts as: Stakeholders Analysis, SWOT, Root Cause, 5 Forces, 5 C’s, Market Expansion grid, etc. The actual frameworks should be placed in the Appendix. Use numbers! Specifies Opportunities Available or Penalties if problem continues 5 Impact of situation or opportunities are clear& specific – magnitude is identified (answers “so what” Appreciation) use numbers whenever possible! Logical...
Words: 3797 - Pages: 16
...Marketing Audit and Analysis of Hindustan hydraulics EXECUTIVE SUMMARY This report has been produced to analyze the current marketing challenges faced by Hindustan Hydraulics with regard to their marketing strategy. Although Hindustan Hydraulics has invested time and money in improving their infrastructure, we feel that with tougher competition in the present market, this company is not taking full advantage of its cash reserve and good presence in the Indian market which could be used to develop their old machine with state of the art new technology which could result in higher profit and lower cost in maintaining machine. Faced with a consistent loss of market share due to new competition it is our analysis that, to enhance further growth and profit, Hindustan Hydraulics must improve their sales service, better turnaround time to decrease down time of machines so that customers do not fall behind their production schedule and more money should be pumped into the R&D department to develop advanced systems. Other recommendations has been discussed in detail in this report. Table of Contents Executive Summary 2 Introduction 5 Positioning 6 Current environment and operation 7 PEST Analysis 8 a) Political forces b) Economic forces c) Socio-cultural forces d) Technological forces SWOT Analysis 10 a) Internal factor 10 1. Strengths 2. Weaknesses b) External Factors...
Words: 2518 - Pages: 11
...Three Key Economic Ideas 1) Which of the following statements is true about scarcity? A) Scarcity refers to the situation in which unlimited wants exceed limited resources. B) Scarcity is not a problem for the wealthy. C) Scarcity is only a problem when a country has too large a population. D) Scarcity arises when there is a wide disparity in income distribution. Answer: A Comment: Recurring Diff: 1 Page Ref: 4/4 Topic: Scarcity Objective: LO1: Explain these three key economic ideas: People are rational. People respond to incentives. Optimal decisions are made at the margin. AACSB: Reflective Thinking Special Feature: None 2) By definition, economics is the study of A) how to make money in the stock market. B) how to make money in a market economy. C) the choices people make to attain their goals, given their scarce resources. D) supply and demand. Answer: C Comment: Recurring Diff: 1 Page Ref: 4/4 Topic: Scarcity Objective: LO1: Explain these three key economic ideas: People are rational. People respond to incentives. Optimal decisions are made at the margin. Special Feature: None 3) Where do economic agents such as individuals, firms and nations, interact with each other? A) in public locations monitored by the government B) in any arena that brings together buyers and sellers C) in any physical location people where people can physically get together for selling goods, such...
Words: 1579 - Pages: 7
...buisness assignment By: Abbas Jomaa Due: 29/03/2013 Teacher: MR El Masri Subject: Business studies Business studies assignment Page 1 ………. Business title page of the report Page 2 ............ Table of content Page3........... Executive summary Page 4................ Why goods and services are central to both marketing and operations Page 5.................... Examine why ethical behaviour and government regulation are important in marketing including one example of ethical behaviour and one example of a NSW or Australian government requirement Page 7............... Assess why a mix of marketing and promotional strategies are important in the marketing of goods and services Page 9............. Identify the elements of a SWOT analysis. Explain how a situational analysis assists in a business planning Page 11...... Bibliography Executive summary Operations is the business process that involves transformation or, more generally production. It is a term that applies both to the manufacturing and service sector. It involves the turning of raw materials and resources into the outputs of finished goods or products. Marketing is a total system of interacting activities designed to plan, price, promote and distribute products to present and potential customers. As consumers are constantly exposed to all aspects of marketing consumers might be mislead or manipulated into buying a product that does not meet the requirements it is advertised...
Words: 1851 - Pages: 8
...firms were pulling out would be best classified as: A) a microeconomic decision. B) a macroeconomic decision. C) both a microeconomic and a macroeconomic decision. D) neither a microeconomic nor a macroeconomic decision. 2) 3) Which of the following would be considered an example of a macroeconomic problem? A) Should Microsoft reduce the price of its Windows operating system? B) Should JP Morgan Chase increase the interest rate it charges its credit card customers? C) Should Mitsubishi eliminate one of its production shifts? D) Should the federal government extend the eligibility period for unemployment benefits? 3) 4) Walmartʹs entry into the market in Mexico had the effect of: A) reducing competition and raising the prices of many of the goods it sells. B) increasing competition and raising the prices of many of the goods it sells. C) increasing competition and lowering the prices of many of the goods it sells. D) reducing competition and lowering the prices of many of the goods it sells. 4) 5) Which of the following statements is false? A) While managers must understand how output prices are determined, determination of input prices is irrelevant because it is beyond the managerʹs control. B)...
Words: 3664 - Pages: 15
...Chinese market and expand its manufacturing capacity through job growth, in line with local government pressures. My recommendation is to first focus on what is best for the JV given its situation and opportunities – which is to grow through acquisition and focus on expanding its current clothing products into the Chinese Domestic market. From that analysis with the implied 4% ROI, Heartland should to exit the JV and invest in entities that better meet its needs and expectations in countries that are more attractive to its needs. Finally in the future Heartland should be more careful when entering into JV agreements so that all parties have an appreciation for cultural differences, a common understanding of objectives and directions that are embedded in the JV agreement. Note – the Executive Summary is one area that is repetitive of other sections given its nature. B. Industry Dynamics: The Zhong-Lian Joint Venture (JV) is currently manufacturing clothing for the US mass market, a strategic group within the overall apparel industry (versus high end fashion brands). Their clothing is sold through retailers such as Walmart and Target. Customer value must be provided to the retailers through reasonable quality goods at low prices. Profits are made through low cost manufacturing processes and scale. If the company pursues the higher end fashion group, then the appeal of the garments becomes key, building brand awareness and appealing to customers’ image drives the value proposition...
Words: 3282 - Pages: 14
...Business Environment | An analysis of Tesco Company | Name;ID; | Institutions | Contents 1.0 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2.0 The Organizational purpose of business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2.1 Organizational objectives Vs Stakeholders objectives . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 3.0 The nature of national environment in which businesses operates . . . . . . . . . . . . . . . . . . . . . . . . . . 6 3.1 Distinctions between Planned, Free market and mixed economic models with examples . . . . . . 6 3.2 Use of Monetary and fiscal policy in management of economy . . . . . . . . . . . . . . . . . . . . . . . . . 7 4.0 The behavior of organizations in their market environment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 4.1 Market structure Tesco operates and its effects on pricing and output decisions . . . . . . . . . . . . . 9 4.2 Use of PESTEL analysis to judge how the market forces affect the behavior of Tesco 11 5.0 The significant of global factors in shaping national business activities . . . . . . . . . . . . . . . . . . . . 12 5.1 Significance of international trade to Business organization located in UK . . . . . . . . . . . . . . . 12 5.2 Benefits and drawbacks for UK business Of EU policies . . . ...
Words: 4102 - Pages: 17
...and cities within Country T which are connected to the railway network and cross national borders | hauls freight right across the network within Country T and across national borders into other countries, some of which are situated within the eurozone | replaced T Railways Property and has responsibility for all other services including maintenance and upgrade of track and all of T Railways’ property. It operates 200 railway stations, rents space out within the stations for retail purposes as well as running some of its own cafes. TPTS also operates 11 maintenance depots. | TargetCustomer: | all passenger rail services within Country T and operates on average 1,800 passenger train services per day | not offer any passenger services. Goods transported in bulk service. | | The role of the Rail Regulator: * To ensure that the railway service is delivered in Country T in a safe and efficient manner. * To help the T Railways Board meet future challenges in the provision of an efficient railway service which provides high levels of satisfaction to all rail users and the improvement of safety for staff and passengers. * provides an independent review of T Railways’ activities. The T Railways Board has set two strategic objectives, following consultation with its stakeholder groups which are: * To deliver reliable, safe and punctual rail services to customers efficiently and cost effectively thereby helping to achieve economic growth in Country T by reducing...
Words: 2233 - Pages: 9
...Palm Oil in the World 3 Analysis of Economic Environment 5 Supply-Side Environment 5 Demand Side Environment 7 Palm Oil Economy in Malaysia 7 Key Inferences 8 Analysis of Political, Legal & Institutional Environment 8 FELDA, FELCRA & RISDA 9 Government Policies 9 Analysis of Social & Environmental Impact 11 Analysis of Technological Environment 12 Skills & Knowledge Development 12 Research & Development 12 Overview of Business Environment & Conclusions 13 Introduction History of Palm Oil The oil palm tree (Elaeis Guineensis Jacq.) is said to have originated in West Africa, somewhere between Angola and Senegal. The earliest archaeological evidence of palm oil has been found in an Egyptian Tomb in Abydos. These two facts point to two inferences. One, that palm oil production was happening even 5000 years ago. Secondly, as no palm oil was produced in Egypt, this means that Palm Oil trading also was prevalent at that time. Thus, Palm Oil has been used by mankind since historical times. A basic description of the palm oil extraction process is shown below: (Source: Malaysian Oil Palm Publication Annual Report 2011) History of Palm Oil in Malaysia Palm Oil was introduced in Malaysia by in 1910 by Scotsman William Sime and English banker Henry Darby as a plantation crop, as Malaysia was a British Colony at the time. The plantations operated by British plantation owners until the Malaysian government engineered their ‘Malaysian-isation’...
Words: 2079 - Pages: 9
...PESTLE ANALYSIS OF MAHINDRA AND MAHINDRA AUTOMOTIVE * Automotive Division of Mahindra & Mahindra Ltd. is in the business of manufacturing and marketing Utility Vehicles, LCVs and services for last 52 years. * It is the market leader in this segment enjoying more than 503 of the market share. PESTLE ANALYSIS OF MAHINDRA AND MAHINDRA AUTOMOTIVE 3 TOPIC | PAGE NO. | OVERVIEW | 5 | PURPOSE OF PESTLE | 6 | POLITICAL FACTOR | 8 | ECONOMICAL FACTOR | 11 | SOCIAL FACTOR | 13 | TECHNOLOGY FACTOR | 15 | LEGAL FACTOR | 17 | ENVIRONMENTAL FACTOR | 19 | SUMMARY | 21 | PESTLE ANALYSIS OF MAHINDRA AND MAHINDRA AUTOMOTIVE 4 * Political, Economical, Social, Technological, Legal, Environmental. * It encompasses the important factors that influence strategic management. * It gives an overview of the different macro environmental factors that the company has to take into consideration. * It is a useful strategic tool for understanding market growth or decline, business position, potential and direction for operations. PESTLE ANALYSIS OF MAHINDRA AND MAHINDRA AUTOMOTIVE 5 * What environmental factors are affecting the organisation? * Which of these are most important at the present time? * Which of these are most important in the future? PESTLE ANALYSIS OF MAHINDRA AND MAHINDRA AUTOMOTIVE 6 Political Environment Economical PESTLE Legal Social Technology PESTLE ANALYSIS OF MAHINDRA...
Words: 1023 - Pages: 5
...Executive Summary Newfoundland and Labrador (NL) is an eastern Canadian province situated in country’s Atlantic region with a population of 550,000 people. All of the government goods and services for all provincial government departments are currently purchased through a provincial government controlled agency called GPA, also known as Government Purchasing agency. In order to determine the need and effectiveness of collaborative procurement process for Department of Education NL, there are three key elements involved: extending the use of agreements based on whole-life costing; progressively reducing transaction and process costs, and the provision of more qualitative added-value service. The concept advances Cooperative purchasing from a reaction to outside forces or top-down pressures, to a supply methodology congruent with an overall business strategy. Based on a detailed research and analysis, we have come to a conclusion that forming a strategic coalition with ISI (Interuniversity Service Inc), a not for profit organization that is currently responsible for all Education related procurement for Atlantic Canadian provinces except NL will solve the major issues discussed above and will provide more value to NL’s educational structure and at the same time will reduce overall operational and overhead costs. ISI provides strategic sourcing approach towards procurement by operating based on Total Cost of Ownership model and by bulk commodity and services purchasing...
Words: 1458 - Pages: 6
...SCENRIO ANALYISI Written by Cosmas Kisela TABLE OF CONTENTS: Introduction: 4 Scenario Analysis 5 Definition 5 Objectives 5 Benefits of Scenario Analysis 5 Scenario Construction and Analysis 6 1.0 Definition of Context 6 2.0 External Environmental Analysis 6 Political factors 6 Economic factors 7 Social factors 8 Technological factors 8 Environmental factors 9 Legal factors 9 MESO environment 9 MICRO environment 9 Threat of substitutes 10 3.0 Identification of key issues/ strategic agenda 11 4.0 Identification of key forces driving the strategic agenda 11 5.0 Identification of 5- 8 over- riding drivers 13 6.0 Root - cause analysis 13 7.0 Identification of 2 key drivers 13 8.0 Plot of two key drivers to determine possible scenario 14 Figure 1 Scenario Analysis 14 9.0 Four scenarios and description of key assumptions 14 Four Scenarios for 2018 14 Co-opetition, 15 Co-existence 15 Competition 15 Conflict 16 10. Testing of scenarios for consistency and reliability 16 Conclusion 17 Recommendation 17 Bibliography 19 Introduction: Tanzania is endowed with some of the world's greatest natural wonders. Following major reforms in its foreign tourism policies, tourism has increased to become the nation's second leading foreign exchange earner. There are many weaknesses at national level including poor infrastructure, lack of trained staff, and legal and regulatory framework. In this paper, a case study of Asilia Lodges...
Words: 4359 - Pages: 18
...1. PEST analysis include: Political , economic , social , technological . 2. Strengths and weaknesses. 3. Value chain analysis. 2000-3000 words Pestel Analysis On China Political factor: If Nike wants to open international market such as China, the company would get disadvantages because every country will protect and priority for its domestic products. So, the company must find out exactly these requirements that the country require in Nike to overcome these barriers. International trade regulations The trade regulations in China are formulated in accordance with the "Foreign Trade Law of the People's Republic of China" in order to maintain foreign trade order and fair competition and to protect domestic industry. In 2011, Nike has difficulties to highlight the deep problems businesses face in manufacturing in China, particularly at a time of sharply rising costs and a stiffening legal environment. In its first country-specific supply chain report, which it said focused on China because of the forthcoming Beijing Olympics, Nike detailed the efforts it has been making to get suppliers to comply with its code of conduct and with Chinese law, including a program to monitor Olympics-related suppliers this year. Government attitude The Chinese government may have a love-hate relationship with the West — eager for Western technology yet threatened by democracy. Therefore, it is an disadvantage for Nike when expanding its business in China. But for Chinese consumers...
Words: 668 - Pages: 3
...referenced. If this statement is untrue I acknowledge that I will have committed an assessment offence. I also certify that I have taken a copy of this assignment, to be made available upon request, which I will retain until after the Board of Examiners has published results. Laura Powell-Odabashy Management of International Business Laura Powell-Odabashy C3245807 Mary Leung Contents Page 1. Executive Summary 4 2. Introduction 5 3. Singapore Analysis 6 4.1. Singapore Country Overview 6 4.2. Singapore PESTLE Analysis 7 4. APEC Analysis 13 5.3. APEC Regional Overview 13 5. Debenhams Analysis 16 6.4. Debenhams Company Overview 16 6.5. Debenhams SWOT Analysis 17 6. Industry Analysis 20 7.6. Industry Overview 20 7.7. Industry Analysis 22 7. FMSS/Mode of Entry Analysis and Recommendation 27 8. Conclusion 30 9. Appendices 31 10. Bibliography 36 1. Executive Summary This report aims to firstly identify a suitable company that can expand overseas into a specific country within the APEC region and then distinguish the most appropriate foreign market servicing strategy to use in order to achieve a successful international position. The country selected within the APEC region is Singapore because it can offer an established...
Words: 5282 - Pages: 22
