procurement – an overview In the vast majority of organisations, procurement has evolved from a transactional function to one which is contributing to the current and future health of the organisation. Procurement Teams have done this by adopting a strategic approach to managing procurement. Below is a list of commonly used strategic procurement tools that will aid decision-making and support the efforts of commissioners. 1. Spend analysis 2. Collaborative procurement 3. Procurement
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looking not like traditional cost accounting. Strategic management accounting is considering external factors like competitors and management accounting contributes not only strategy developing also critically evaluates the current strategy of any organisation. In addition, management accountant can assist to control costs by implementing activity based costing methods, offer competitive pricing, budgeting process etc. Also, by applying benchmarking process, management accountant can discover strengths
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develop learner knowledge of the range of human, physical, technological andfinancial resources required in an organisation, and how the management of these resources can impact on business performance. | ASSESSOR(S) | FBE/MHU | ASSIGNMENT REF: | | START DATE: | 2/12/13 | END DATE: | 15/03/14 | Task 1:P1, P2 and M2 | ScenarioYou are a manager at a local business (your selected organisation) and you have been invited to give a series of two careers talks to Year 11 students about recruitment and
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‘psychological contract’. Critically assess which process theories of motivation could help employers establish a ‘psychological contract’ with their employees? In today’s world, contracts play an ever increasing importance due to our technological growth and the complexity and modern society. Many of us have contracts with our banks and mortgage companies, universities and many others. These contracts are written, precise and formal and penalties exists for breaking these contracts. These are
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ACH – Automatic Clearing House Electronic method of making routine payments, replacing traditional cheques. (Source: www.cips.org) Acquisition Often interchangeably with Purchasing. Acquisition involves all the processes from confirming the contract/order to the payment of the invoice. Act of God An extraordinary circumstance which could not have been foreseen and which could not have been guarded against.
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‘How to Develop a Business Plan’ Introduction Most successful organisations have a clear vision or sense of purpose. They also have well defined objectives to aim for and a way of measuring their performance. These are the vital ingredients of a Business Plan. Some of the benefits of business planning are that it: • Forces people in the organisation to stand back, and review business performance and the factors that are affecting the business • Encourages people to consider strategic options and
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M. Vella 29/05/2015 Human Resource Planning and Management “Great Vision Without Great People Is Irrelevant.” -Jim Collins, Good To Great Kelsey M. Vella 29/05/2015 Table of Contents 2.1 The Need for Human Resources Planning within Organisations 3 Job innovation and change in skills requirements 3 Employment protection legislation 3 Technological changes 3 Scope and variety of markets 3 Information Communication Technology (ICT) 4 Labour costs 4 The staff replacement approach 4
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1. Organisation is analysed using the PESTLE framework. The impact of the macro - environment is evaluated. 2.1 The PESTLE is a management tool that involves identification of the political, economic, sociological, technological, legal, environmental factors that had an impact on an organisation in the past, and could affect organisation in the future. Carry out PESTLE along with SWOT analysis, assist in strategic decision- making, and setting realistic objectives. 2.2 The PESTLE
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Candidate Details Assessment – BSB51407 – Procurement Please complete the following activities and hand in to your trainer for review. This forms part of your assessment. Name: _____________________________________________________________ Address: _____________________________________________________________ _____________________________________________________________ Email: _____________________________________________________________ Employer: _____________________________________________________________
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2 Questions 4 2.1 Capability 4 2.2 Experience and track record 4 2.3 Capacity 4 2.4 Shared strategic aims 5 2.5 Culture 6 2.6 Organisation and management 6 2.6.1 Quality management 7 2.6.2 Project and programme management 7 2.7 Multi-supplier proposals 7 2.8 Proposed supplier organisation and project staffing 8 2.9 Technical understanding 8 2.10 Proposed management processes 8 2.10.1 Quality management 9 2.10.2 Change management
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