Develop a Procurement Management Plan for the following case:—A large Italian exotic car...

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Develop a Procurement Management Plan for the following case:—A large Italian exotic car manufacturer has been hand-making sports cars with limited outside procurement for many years and has been making all of their own custom parts. They want to procure some select parts to help reduce some custom manufacturing costs. They are going to procure leather seats and steering wheels to incorporate into their manufacturing process. They need your help in defining the procurement management plan.((Use Chapter 7 from the book attached as ))
	
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Procurement
Management
Contracting, Subcontracting, Teaming
QuentinW. Fleming© Copyright 2003 by Quentin W. Fleming
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Fleming, Quentin W.
Project procurement management-- contacting,
subcontracting, teaming / Quentin W. Fleming.
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1. Project management. 2. Industrial procurement. I. Title
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David · Accepted Answer

Procurement Management Plan  
Introduction and background 
Procurement is an essential factor in the given business of manufacturing of sports cars, 
especially in present times of high levels of competition. In the given case, where in a large 
Italian exotic car manufacturer has been making all of the spares now needs to manage costs and 
so does plan to procure some of the spares. The procurement management plan in this case 
focuses on deciding which of these spares are to be handmade and which are to be procured 
along with the plan to procure leather seats and steering wheels.  
Procurement and contracting 
The first critical factor that they need to consider in this case is focused on costing. 
Quality, price and reliability are three main factors that they should consider while forming the 
procurement management plan. The best set of suppliers need to be chosen in order to ensure 
that the quality and cost are well balanced.

Develop a Procurement Management Plan for the following case:—A large Italian exotic car manufacturer has been hand-making sports cars with limited outside procurement for many years and has been...

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