Objective:
The objective of this assignment is to conduct a comprehensive analysis of procurement management practices in a company of your choice from Oman or any other GCC (Gulf Cooperation Council) country. By exploring the procurement strategies and operations, students will gain insights into how companies in the GCC region manage their sourcing, purchasing, and supplier relationships.
Assignment should be between 2-5 pages, Font size 12, Type: Times Roman), Line spacing: 2
Section 1: Company Selection
Choose a company operating in Oman or any other GCC country. Your selected company should be known for its procurement practices, and information about its procurement strategies and processes should be available for analysis.
Question 1: Provide an introduction to the selected company, including its industry, size, and market presence. Why did you choose this company for the procurement management analysis?
Section 2: Procurement Technology Integration
Explore how the chosen company leverages technology in its procurement processes. This may include the use of e-procurement systems, digital platforms, and data analytics.
Question 2: Analyze the role of technology in the procurement processes of the selected company. How has technology contributed to improved efficiency, transparency, and strategic decision-making in procurement?
Section 3: Sustainable Procurement Practices
Examine the company’s commitment to sustainability in its procurement practices, including ethical sourcing, environmental considerations, and social responsibility.
Question 3: Evaluate the sustainable procurement initiatives implemented by the chosen company. How does the company ensure ethical sourcing and contribute to environmental and social sustainability in its supply chain?