We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Analysis Paper: The Strategic Role of Procurement - Essay Example

Comments (0) Cite this document
Summary
As seen in the work of O’Brien (2014), the purchasing role of procurement is a tactical one that seeks to ensure that the organization benefits from a sensible purchase that involves consigning…
Download paper
GRAB THE BEST PAPER

Extract of sample
Analysis Paper: The Strategic Role of Procurement

Secondly, as seen in the research compiled by O’Brien (2014), the purchasing role of procurement revolves around a transactional approach. This relates to the fact that the procurement officer must be well conversant with the factors that will enable its organization prosper. This means that the procurement officer needs to devise ways in which its transition decisions will allow its organization deal with the competition in the present day market (O’Brien, 2014). In as much my organization attempts to deal with the competition in the market, the procurement officer does not hold the opinion that it is his role to always ensure that his choice of prices or purchase helps the organization deal with competition. For my procurement officer, such matters are seemingly not in his line of work.
On another note, O’Brien (2014) indicates that since the procurement officer is the face of success in the business, it is their role as purchasing leaders to be informed on the supply bases and the best markets that can help them deliver effective, cheer and quick services to its clients. The author is of the thought that this form of information is vital as it helps tap potential at its source and ultimately transform the entire organization (O’Brien, 2014). This is similar to my organization. I credit my procurement officer for being aggressive enough to negotiate in a way that helps him secure the cheapest but the best products in the market. This approach has helped my organization work in a cost effective manner and even raise its bar higher.
O’Brien (2014) explains that the purchasing role of the procurement officer revolves around translating the insights of the company to the negotiation process. This means that it is the role of the procurement officer to make sure that they drive towards getting the right results by negotiating ... Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Analysis Paper: The Strategic Role of Procurement Essay”, n.d.)
Retrieved from https://studentshare.net/professional/742265-analysis-paper-the-strategic-role-of-procurement
(Analysis Paper: The Strategic Role of Procurement Essay)
https://studentshare.net/professional/742265-analysis-paper-the-strategic-role-of-procurement.
“Analysis Paper: The Strategic Role of Procurement Essay”, n.d. https://studentshare.net/professional/742265-analysis-paper-the-strategic-role-of-procurement.
  • Cited: 0 times
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
A Strategic Analysis of a Sports Equipment Company: UVEX Sports
The main objective of this report is to present the strategic analysis of Uvex Winter Holding. The company is at present into its third generation and is a family run enterprise. Therefore, it will try to identify the internal as well as the external factors affecting the success of the business.
13 Pages(3250 words)Essay
Baytree Procurement for MSA Project
These are part of the built environment that plays a key role in ensuring the safety and comfort of roads and highways users. Developers play a key role in the process. They design and build these facilities in conjunction with customers, communities, government agencies, rules and regulations, among others.
23 Pages(5750 words)Essay
The role of technology in the attainment of strategic objectives and competetive advantage: a case analysis of Amazon.com
.......................................................................................4 Traditional Business Model..................................................................6 Centralized Operations...................................................
16 Pages(4000 words)Essay
Saudi Aramco Procurement Process
Information technology also improved communication processes and hastened responses to corporate needs and systematized all operations. For some institutions and companies, this optimized virtual mechanism for complex procedures by thoroughly mainstreaming transactional contract relations.
13 Pages(3250 words)Essay
Company Strategic Analysis Paper: General Motors
As per reports (Reuters, 2011), through this Chapter 11 reorganization, the company aimed at four objectives including settlement of claims of unsecured creditors, eco-friendly management of MLC’s remaining assets, handling of possible asbestos-related claims, and management litigation claims.
5 Pages(1250 words)Essay
Strategic procurement
According to Handfield and Minahan (2012), the type and nature of relationships existing between customers, the suppliers of the raw materials and the manufacturers is very important in the process of product development. The critical decisions made at this point determine the success of the product in the market.
5 Pages(1250 words)Case Study
Examination of benefits of using IT Software in value added elements in supplier procurement
ture review was done on Virtual Value Networks, Value models in procurement context and literature on assessment of value of e-procurement At its most basic, study found that e-procurement is coming more and more to mean automating the whole purchasing process than just selling
24 Pages(6000 words)Essay
An invertigation of influence of procurement methid in construction industry in Hong Kong
From the survey of 50 construction professionals, there were 4 most influential criteria which are quality, cost, time and risk. Moreover, size of the company is significantly and
54 Pages(13500 words)Essay
STRATEGIC INFORMATION SYSTEMS ANALYSIS
British American Tobacco Plc is one of the leading global tobacco companies. Based in the Globe House in London, the company is a constituent of the FTSE 100
12 Pages(3000 words)Essay
Individual Critica Essay - Strategic Analysis of an Organisation
essay will be written in response to a Business Strategy coursework requirement as part of Robert Gordon University’s BA Business Management program, but from business knowledge perspective; this essay will help the researcher to validate Exploring Strategy Model of Johnson,
15 Pages(3750 words)Essay
Let us find you another Essay on topic Analysis Paper: The Strategic Role of Procurement for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us