OPER8010 Procurement Management Discussion

OPER8010 Procurement Management DiscussionIn-Class Task#1, marked out of 100, 10% of class grade.· Students are required to work on this assignment individually· Please use a professional template with cover page, and list student name, and student ID· Assignment is marked out of 100 and worth 10% of your final grade.· Please include an introduction and conclusion with the submission. 10 marks will be reduced for an inadequate section.· Please include as many references and citations as possible to support your argument· Make sure all material is referenced and cited correctly (APA), up to 15% of marks will be reduced for inadequate referencing, please reference Conestoga college policies regarding plagiarism.· Up to 15% of marks will be reduced for improper use of grammar and spelling· Please note the Turnitin Originality report functioned is turned on within E-Conestoga.· Your assignment must be submitted via the e-Conestoga drop box by 11:59 PM June 11th, 2021.· Target ten (10) pages not including title or reference page as a minimum requirement.UK Metropolitan Police procurementThe London Metropolitan Police force has 44,000 staff supported by a £500 million annual procurement budget, managed by the Metropolitan Police’s procurement department, comprised of 50+ staff.Yet until the authority was created as part of the Mayor of London’s recently, its procurement policy barely existed. Goods were purchased on price alone, procurement officers handled orders as they arrived without any market specialisation and only three out of the 50 staff had CIPS qualifications. They had to introduce processes and procedures, training and development, tools and techniques that delivered best value for the authority. Staff were encouraged to gain CIPS qualifications.Before the authority was established, procurement staff simply handled orders as they arrived, often with no prior warning, and did not have any particular familiarity with specific markets. Now staff specialise in one or two market areas (commodity management) and are switched around every 18 months or so to gain experience in other commodities or services. It has moved them from simply doing what they are told, to knowing they have a valuable part to play in strategic decision making and operational delivery. They have cut their 2000 suppliers by 30 per cent, buying from longer-term, ‘higher value’ relationships.An example of improvements is as follows: for yellow waterproof jackets, a 40 per cent saving was delivered by aggregating their own requirements. In the police environment, availability andperformance of equipment come first – operational support and quality are paramount and only then do they think about saving money.They have begun to put in place contracts that give them clear performance measures and improvement targets. They used to buy always on lowest price. Now they use the whole-life costing approach.In addition to the introduction and conclusion, please answer the below questions.1) As a newly formed department, advise how the London Police can improve their procurement strategy, processes and organization. Provide a minimum of 5 recommendations (50 marks)2) Provide a minimum of 5 key recommendations providing the London Police strategies for executing world class RFP or RFQ documentation, and explain your team’s rationale in detail. (25 marks)3) Provide as a minimum 5 key considerations for developing supplier relationship management performance and explain your team’s rationale in detail. (25 marks)OPER8010 – not for distribution – 4 –image1.png