What are today’smost important challenges for sourcing and procurementmanagement?
MScGlobal Logisticsand Supply Chain ManagementSourcing and Procurement ManagementIndividual Assignment 2020(Resit)
1.Assignment What are today’smost important challenges for sourcing and procurementmanagement? Why? What are potential solutions?Please outline the challenges for strategic sourcing as well as for operative procurement incl. related effectsand potential solutions.For answering the question,you should use the lecture materials as well as the provided and/or additional literature. Explain your conclusionsand give examples!
2.StructureYou should start with a definition of strategic sourcing and operative procurement and a concisedescriptionof therelatedstepsand tasks. It is recommended to followone of the process models that have been discussed during the lectures. In the nextsection you should develop and explain your ownview on recent challengesand the impactthat theyhave onthe different process steps. What are potential solutions? Finally, you should round off your analysis with a brief summary and a short outlookon future developments.
3.Formatapprox. 6-8textpages(single-spaced, font size 12, including figures and references)
4.Criteria for evaluation-Comprehensivenessof the analysis-Correct use of terminology-Own thoughts-Quality of argumentation, visualization and conclusions-Clear structure, good writing-Formal correctness incl. citation