Question:
This assessment tests the learning outcomes and module content of:
Module: Driving Value through Procurement and Supply
Module: Managing Expenditures with Suppliers
Task
Identify a product, service or category of spend and outline its importance and impact to your organisation’s
stakeholders. Prepare a brief market analysis and demonstrate how your procurement function will produce
value for money outcomes. Your final submission should also review the current approaches to managing
prices and costs for the product, service or category you have identified, as well as highlighting the impact of
markets to secure cost savings for your organisation.
Solution:
Executive Summary
In this report, an evaluation of the
ADNOC procurement of IT hardware equipment in UAE as a category of spend. My positionality informs the rationale for selecting
the area of spend in the procurement division through active involvement in contracts, purchasing,
commercial directory department, strategic sourcing, in-country value, and
group procurement operations. Hence, individual position in the organisation
offers the author with sufficient
knowledge of the company contracting by
the organisation. In the process of evaluating the procurement strategies in
the identified area of spend, this report equally provides an evaluation of the
relevant of ADNOC stakeholders in tandem with procurement and supply. This also includes
an evaluation of how they influence price
management and value addition. In the research, the market analysis in a quantitative
and qualitative approach was used in
offering appropriate data on ADNOC approach in sourcing the most appropriate IT
hardware. As part of the process, data analysis, category analysis, market mix,
market positioning and the level of the industry
has also been analysed. To analyse the IT hardware procurement, tools such as
PESTLE analysis, Kraljic analysis, SWOT analysis, Porter analysis and Ansoff
elements are utilized. The techniques are
used in highlighting the relevance of study and outcome. This study concludes
that the IT and hardware procurement in Abu Dhabi, UAE for ADNOC company is
still in its growth phase and as such fewer
companies engaged in the procurement. In recommendations,
this study has suggested ADNOC Company set relevant procedures for
implementation of the procurement procedures, improving the relationship
between the management and stakeholders, practical
approach in organisation resources management and development and an effective
policy-making process.
Table of Contents
1.1 Introduction to Abu Dhabi National Oil Company (ADNOC). 4
1.2 Procurement Division of ADNOC. 4
2.0 Stakeholder Analysis for ADNOC. 5
3.0 The relevance of the Area of Spend to Stakeholders. 6
4.0 The Impact on Procurement from ADNOC Perspective. 6
5.0 Research and Market Analysis. 7
5.1 Data Analysis- History of Spend. 7
6.3 Variables used in IT Equipment Procurement in ADNOC Market. 10
6.5 Level of Industry Competition. 11
9.0 Techniques for Analyzing the IT Equipment Market. 13
Appendix 1: ADNOC Procurement Workflow.. 18
Appendix 2: ADNOC Group Supplier Temporary Registration Request Workflow.. 19
Appendix 3: ADNOC Organisational Structure. 21
1.0 Introduction
1.1 Introduction to Abu Dhabi National Oil Company (ADNOC)
The Abu Dhabi National Oil Company (ADNOC) is a World leading energy producer established in 1971 and headquartered in Abu Dhabi. Its operations are anchored in the overall hydrocarbon value chain through a network of fully-integrated businesses with diverse interests ranging from exploration, production, storage, refining and distribution of a wide range of petrochemical products. The company objectives are creating improved efficiencies through benchmark performance, integrating a balanced scorecard approach in the entire group and aligning with their key performance indicators. The company vision is working collaboratively in harnessing energy resources in services for the nation. Similarly, their mission is operating through partnership, innovation and a relentless focus on high performance and efficiency in maximising value for energy resources.
1.2 Procurement Division of ADNOC
ADNOC is committed to develop and maintain a competitive and sustainable supply chain for all their partners and sustainable supply chain of partners and the service providers. The company operations are effective and characterized by online and real-time supplier registration system for all potential suppliers, consistent tracking of prequalification statuses online, and tender invitation of all potential suppliers. It is a requirement for all the suppliers to complete a one-time registration on the ADNOC commercial directory for doing business with any of the ADNOC group companies. These strategies offer an ideal opportunity for the ADNOC Company for collaborative, web-based tools for procurement department and suppliers in implementing tendering and bidding activities online. However, all the procurement strategies are implemented with strict adherence to the roles and activities, pricing, risks and timelines set by the organisation.
1.3 Scope of the Report
The scope of this report has been narrowed from a broad perspective of modernisation of operations in ADNOC to procurement of hardware and IT equipment………………………………………………………………………………………………………………………………………Please contact our team to receive guidance, support and tutorial services of this assessment in full
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