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Tuesday, 22 March 2016

Create a sourcing plan for future requirements

You are required to select an area of expenditure on a product, service or works. This task requires you to
develop a document that creates a sourcing plan for future requirements. In the sourcing plan, you should
explain:
(1) The roles of procurement and supply in managing this area of expenditure underlining the inputs
that may be made by its stakeholders
(2) Techniques that can be applied to the area of expenditure to improve added value
(3) Inclusions that should be made in contracts formed in the future
(4) Measures that can be taken to select effective suppliers
(5) Any aspects of the purchase/supply that may require negotiation

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