Essays on The Process of Improving the Competitiveness of Organizations Coursework

Download full paperFile format: .doc, available for editing

The paper "The Process of Improving the Competitiveness of Organizations" is a good example of coursework on management. This paper is about the strategic procurement operations that are adopted by many organizations in the process of achieving competitiveness. It is aimed at communicating the benefits of procurement in the success of an organization considering the competitive business environments. FedEx Corporation which is an international freight company is used in the process of examining the procurement function in organizations. The current information has been used in analyzing the role played by the procurement function in organizations.

The procurement function has been explored in three areas that include procurement strategy, strategic sourcing, and e-procurement. Through the evaluation of the three areas the role of the procurement in organizations especially in the business environment that competitive is demonstrated using the FedEx Company to represent the organizations in the freight forwarding logistics. Besides, the way organizations have been making use of the procurement function to achieve competitive advantages has been explored. The purchasing strategies that help in achieving competitiveness in the market are explored and the sourcing strategies that can be employed in procurement discussed.

E-procurement is discussed to assess the role that is being played by technology in the process of making an organization competitive through procurement. Introduction Strategic procurement operations are important in the process of achieving competitive advantages in the market. It is through procurement that an organization can be in a position to reduce waste in procurement. The value chain adopted by the organization is what determines the efficiency of the procurement strategies employed. For instance, FedEx has managed to achieve efficiency in operations through procurement strategies.

It utilizes technology in the process of reducing the costs associated with procuring hence helping the company in minimizing the costs of operating. FedEx has achieved cost advantages as most of its procurement strategies embrace technology hence reducing the costs of production (Edler and Georghiou, 2007). Procurement optimization has been linked with numerous benefits to an organization as it is crucial in the process of achieving competitive advantages.

References

Azambuja, M.M., Ponticelli, S. and O’Brien, W.J., 2014. Strategic procurement practices for the industrial supply chain. Journal of Construction Engineering and Management, 140(7), p.06014005.

Cheung, C.F., Wang, W.M., Lo, V. and Lee, W.B., 2004. An agent‐oriented and knowledge‐based system for strategic e‐procurement. Expert Systems, 21(1), pp.11-21.

Degraeve, Z., Roodhooft, F. and van Doveren, B., 2005. The use of total cost of ownership for strategic procurement: a company-wide management information system. Journal of the Operational Research Society, 56(1), pp.51-59.

Edler, J. and Georghiou, L., 2007. Public procurement and innovation—Resurrecting the demand side. Research policy, 36(7), pp.949-963.

Fernández, I. and Kekale, T., 2007. Strategic procurement outsourcing: a paradox in current theory. International Journal of Procurement Management, 1(1-2), pp.166-179.

García-Alonso, M.D. and Levine, P., 2008. Strategic procurement, openness and market structure. International Journal of Industrial Organization, 26(5), pp.1180-1190.

Gordon Murray, J., 2009. Improving the validity of public procurement research. International Journal of Public Sector Management, 22(2), pp.91-103.

Gordon Murray, J., Rentell, P.G. and Geere, D., 2008. Procurement as a shared service in English local government. International Journal of Public Sector Management, 21(5), pp.540-555.

Hong, P. and Kwon, H.B., 2012. Emerging issues of procurement management: a review and prospect. International Journal of Procurement Management 4, 5(4), pp.452-469.

Matthews, D., 2005. Strategic procurement in the public sector: A mask for financial and administrative policy. Journal of Public Procurement, 5(3), p.388.

Murray, J.G., 2007. Strategic procurement in UK local government: the role of elected members. Journal of Public Procurement, 7(2), p.194.

Puschmann, T. and Alt, R., 2005. Successful use of e-procurement in supply chains. Supply Chain Management: an international journal, 10(2), pp.122-133.

Ryals, L.J. and Rogers, B., 2006. Holding up the mirror: The impact of strategic procurement practices on account management. Business Horizons, 49(1), pp.41-50.

Snider, K.F., 2006. Procurement leadership: from means to ends. Journal of Public Procurement, 6(3), p.274.

Thai, K.V. ed., 2005. Challenges in Public Procurement: an international perspective. Boca Raton, FL: PrAcademics Press.

Tomino, T., Park, Y. and Hong, P., 2012. Strategic procurement through build to order system: an analysis of Japanese auto-manufacturers. International Journal of Procurement Management 4, 5(4), pp.413-429.

Download full paperFile format: .doc, available for editing
Contact Us