Ramsey (2001) states that It is possible for Purchasing to generate and protect competitive advantage, but it is extremely diffcult, and will tend to be the exception rather than the rule in all sectors of the economy. Consequently it may be stated, with confidence, that purchasing activities are intrinsically
operational rather than strategic in nature.
In response to Ramsey (2001), Mol (2003) counter argues, that the field of strategic management has enough positive things to say about the strategic potential of purchasing to conclude that purchasing is strategically relevant. In fact, purchasing can even be said to have become more relevant in recent years as firms have outsourced more activities and increasingly look towards suppliers to create added value. This indicates strategic advantage not only resides within the firm but also between the firm and its partners.
In a 2000-word report, critically appraise Ramsey (2001) and Mol (2003) arguments, and discuss the strategic relevance of procurement based on:
– the purpose of the procurement function and its role in the organization
– the processes involved in procurement and their wider relevance to the organisations
supply chain processes
– strategic and tactical issues in the management of procurement
The report is expected to incorporate the relevant procurement theories, and the role of advanced tools, techniques, and technologies in procurement management. Background reading and research are essential for good marks.
The assignment will be assessed against the following criteria:
Depth and relevance of research (40%)
Quality of syntheses and discussions (40%)
The structure and presentation of the report – including citations/referencing (20%)
Word limit: 2000 words +/- 10%
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