Question: A proactive strategic procurement operation can give the organisation it represents a competitive advantage by reducing waste in the value chain. For an organization of

A proactive strategic procurement operation can give the organisation it represents a competitive advantage by reducing waste in the value chain. For an organization of your choice, you are asked (a) to critically examine the procurement function, (b) by considering 2-3 areas below investigate how the procurement function can be improved and compensate external turbulences in the markets.

1. procurement strategy, 2. Strategic sourcing and outsourcing, 3. e-procurement, 4. sustainable procurement and 5. supply risk

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