Wednesday, December 11, 2019
Strategic Purchasing Participation Selection â⬠MyAssignmenthelp
Question: Discuss about the Strategic Purchasing Participation Selection. Answer: Introduction Selection of suppliers is a critical component in procurement function which is performed before any contract is awarded in organizations. It involves carrying out appraisal and identification process of supplier to be awarded contracts in order to perform certain organization requirements (Nair, Jayaram Das 2015, p.6265). Organization performance is critical if the right suppliers are selected in a free and open manner. The research proposal outlines how selection of suppliers can influence organization performance. Selection of suppliers is critical in performance of an organization and it is important for an organization to ensure they work with good, approved suppliers. The supplier selection process involves three steps; identification, appraisal and awarding of contracts. Supplier appraisals entail using ranking and scoring methods to establish a winner to be awarded contract. Performance in organizations is measured on the basis of quality materials, less wastage, and competi tive products and services (Igarashi, de Boer Michelsen 2015, p.455). Organizations employ different policies and procedures used to identify and select appropriate suppliers. There has been various criterias used in selection of suppliers it may be based on supplier performance, organization legislations and policies. In other organizations the 10c of supplier selection is applied this include: character, competency, clean, capital, capacity, capability, consistency, communication, cash and co-operation is used to selection of suppliers (Luthra et.al 2017, p.1687). Recent studies have shown that there are some other negative factors that influence the selection process thus leading to non-suitable performance to be selected. Some of the factors include legislative, organization politics, and previous experiences (Sarkis Dhavale 2015, p.178). The current study is seeking to establish how selection of suppliers can influence organization performance. Problem statement Organization requires resources to support its several functions. Sourcing of requirements and resources is the work of the procurement departments whereby they need to apply suitable policies and procedures in order to identify the most qualified of them all. Several supplier selection processes is done using paper work instead of supplier performances. Performance in organization depends on proper selection of suppliers if done well it contributes positively and if done badly it leads to poor performance. The current study is seeking to establish if selection of suppliers can influence organization performance. The study will be seeking to answer the following questions: How does selection of suppliers influence performance of organizations? Which are the negative factors which influence selection of suppliers in organizations? Which are the suitable methods of selecting suppliers in organizations? The study will be useful to several stakeholders both within and outside the organizations. Management will have to come up with suitable methods that they can use to select suppliers to ensure they will meet the required organization needs. Findings will be useful in identifying the contributions brought by suitable supplier selection strategies in organization and its influence to performance. It will enable the research to directly link organization performance and selection of suppliers. Research methodology Literature review: Literature review will be important in identifying the gaps related to the study. The secondary data will also be important in explaining the research questions provided in the study. The sources will be from peer reviewed journals, books, magazines and recognized company sites. The review of literature will be based on the themes of the study. The study location will be multinational organizations within the region. The study will utilize survey design, which involves collection of qualitative data through structured interviews with top procurement managers in multinational companies. Purposive sampling technique will be employed after a pre-study have been done to identify the number of respondents to be interviewed. Purposive sampling involves a non-probability method where all respondents are selected due to the nature of information to be obtained from them (Taylor, Bogdan DeVault , 2015). The structured interview schedule will be generated based on the research questions of the study. The respondents will be interviewed for a period of two weeks. Data collected during interviewing process will be analyzed qualitatively. A jig saw puzzle method will be employed where related texts will be stitched together to provide meanings (Flick, U., 2015, p.34). The frequency tables and charts will be used to present the data. A final report will be generated based on the findings. The study is hoping that good selection of suppliers can contribute positively to the performance of the employees. From the study will able to establish negative factors that contribute to poor selection of suppliers in organizations management. The study is hoping to establish from the different multinationals the suitable techniques and methods they are used to select and identify their suppliers. Reference lists Flick, U., 2015.Introducing research methodology: A beginner's guide to doing a research project. Sage. Igarashi, M., de Boer, L. and Michelsen, O., 2015. Investigating the anatomy of supplier selection in green public procurement.Journal of Cleaner Production,108, pp.442-450. Luthra, S., Govindan, K., Kannan, D., Mangla, S.K. and Garg, C.P., 2017. An integrated framework for sustainable supplier selection and evaluation in supply chains.Journal of Cleaner Production,140, pp.1686-1698. Nair, A., Jayaram, J. and Das, A., 2015. Strategic purchasing participation, supplier selection, supplier evaluation and purchasing performance.International Journal of Production Research,53(20), pp.6263-6278. Sarkis, J. and Dhavale, D.G., 2015. Supplier selection for sustainable operations: A triple-bottom-line approach using a Bayesian framework.International Journal of Production Economics,166, pp.177-191. Taylor, S.J., Bogdan, R. and DeVault, M., 2015.Introduction to qualitative research methods: A guidebook and resource. John Wiley Sons.
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