Purchasing Policies & Trends – Research

Assessments Worksheet

Overview

A recent research by A.T. Kearny shows that overall expectations of purchasing and supply executives are increasing with a growing focus on value, so purchasers will have to fully understand other issues beyond cost-reduction strategies.

There are several topics of interest that helps executive make value-based decisions in purchasing and supply management. You will have the opportunity to research, analyze, and make recommendation on the various value-focused purchasing policies and approaches that are used to evaluate suppliers.

You will be assessed on your achievement of the following course learning outcomes:

• Explain centralized and decentralized procurement, the functions, and roles of purchasing contributions to firms’ competitive advantage.
• Utilize steps in the procurement process to make value-based decisions.
• Illustrate procurement trends and their impact to procurement decisions.
• Develop tactics that support strategic sourcing to align to the overall strategy of the organization.

Detailed Instructions

Select one issue from the list below of purchasing and supply management policies of interest.

• Sustainability and green purchasing policies
• Trading agreements and their impact on the public sector purchasing policies.
• Ethics and conflict of interest policies
• Minority supplier and supplier diversity policies

Using a variety of research methods, in your own words, write a research paper that explores these trending policies and their impact on purchasing and supply management (what, where, why and how), examples or short case studies of how it is being addressed, your recommendations, and conclusions.

Details for Assignments

Format

Describe the desired format for the assessment that will be uploaded to or completed in LEARN, which could include:

The final Word document will be less than 10 pages and to include the following:

• Title Page
• Table of Content
• Describe the policy, what, how and why.
• Analyze how the policies are being addressed.
• What are your personal thoughts on the topic? What do you recommend implementation in firms purchasing and supply management policies and why?
• The conclusions you draw from your research and how the policies impact organizations’ competitive advantage.
• Use APA citations and references of your research sources.

Submission

• Please submit this assignment as Word document using the Dropbox on LEARN.
• Late submissions will be penalized by deduction of 1 point for each day from the deadline.