Question: Brief description for the below? 1. Management Support No changes or proposals can be successfully implemented without the management support. It is crucial to convince
Brief description for the below?
1. Management Support
No changes or proposals can be successfully implemented without the management support. It is crucial to convince the senior management to obtain their full support in implementing the new policies.
2. Staff Turnover Rate
This is a critical issue that impacts the overall operating and overhead cost. We need to look into options to encourage loyalty and reduce the staff turnover rate in Supply Management.
3. Procurement Approach
This is a relatively long-term issue that need to be reviewed and discussed. Although decentralized procurement approach reduces the processing time and offers more flexibility, it also imposes limitations on cooperative purchasing as well as supplier relationships. A more centralized approach needs to be adopted not only to ensure cost saving initiatives, but also to strengthen the transparency and accountability in the procurement process to protect the procurement integrity.
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