QUESTION $1(20$ Marks$)$

As highlighted in the case study, $15\%$ of respondents who felt their companies had world$-$class procurement also were

those with the industry$-$leading costs. Considering this statement, demonstrate the characteristics of world class

procurement. Make use of relevant examples.

QUESTION $2(20$ Marks$)$

Referring to the case study, discuss some of the current trends influencing the procurement functions among Asian

organisations.

QUESTION $3(20$ Marks$)$

In the context of Asian organisations, critically discuss the value that is created by procurement teams and suggest the

strategies that need to be incorporated to enhance the performance of these teams.

QUESTION $4(40$ Marks$)$

The data collected from the interviews conducted with business heads and chief procurement officers $($CPOs$)$ throughout

Asia$-$Pacific has indicated that most organisations primarily lack on systematic supplier management processes

and reliable data systems. Given your experience, provide a masterplan indicating how best Asian organisations can

successfully address these highlighted challenges. Relevant frameworks should be provided.