Essays on How to Maximize Profit-Making in Refined Bus Company Limited Case Study

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The paper 'How to Maximize Profit-Making in Refined Bus Company Limited" is a perfect example of a management case study. The report, based on Refined Bus Company Limited, is divided into seven sections, exclusive of the reference page. The report contains the current procurement issues, Kraljik procurement model, service support centre, tendering procedure, evaluation of existing suppliers, make or buy, and recommendation sections. Each section has a distinctive issue that it portrays. However, there are some similarities between the sections since they are all related and present the concepts based on a case study of the Refined Bus Company Limited. The current procurement issues section discloses the challenges related to tendering in the company.

It highlights the issues which include high expenditure on procurement and the uncertainty of supply of items to the company. At the same time, the section explores the challenges in the company’ s Service Support Centre inventory. The aim of the section is to provide an overview of the challenges that the company undergoes in order to devise ways of solving them. On the other hand, the second section introduces the Kraljic procurement model that the procurement officers can use to evaluate suppliers.

The tool offers a guideline into the criteria used to predict the future of the companies where there is a relationship between the suppliers and the purchasers. In the model, the report shows the application of the theory in the Refined Bus Company Limited. In the third section, the Service Support Centre (SSC) looks into one of the sections of the company that deals with the supply of vehicle parts. The centre is the centre of the issue since it does not meet the expected company standards.

The report looks at the challenges at the centre before proposing some of the solutions that the company can apply to make positive changes. The fourth section concerns the tendering process. In the section, the report discusses step by step procedure of ensuring that a justified supplier wins the tender and supply the company with the needed item. Of significance is the fact that the company deals with strategic suppliers, a matter that the section also acknowledges and discusses it.

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