UNIT NAME - SUPPLIER RELATIONSHIPS AND STAKEHOLDER MANAGEMENT.
The Unit Learning Outcomes for this assessment are:
· Identify, comprehend, and analyse alternative concepts, models, frameworks, and issues in supplier selection, supplier management, supplier relationship management and supplier reward systems
· Analyse types of relationships, intensity of relationship involvement, and models of developing and implementing successful supply chain relationships while recognising the strategic importance of supplier integration
· Identify, analyse, relate, and appreciate stakeholder working relationships which leads to effective relationship building, and the strategic role of supplier and stakeholder relationship management in supply chain management
Assessment Brief:
Consider a buyer organisation with a very large supply base where almost 90% of the suppliers are not strategic and are possible to be substituted by other suppliers without impacting operations. The consumer cannot see the supply chain upstream from the buyer organisation. Thus, there is no solid binding for a
and and little chance of losing customers due to changes in the supplier base as long as high quality is maintained.
The buyer organisation is considering increasing their competitive advantage against their direct competition in the same market by implementing innovative technology as part of its movement to Industry 4.0. The cu
ent plan foresees the selection of innovative technology to strengthen their market position, increase the consumer's positive perception, and implement this across the supply chain. As the supplier base is interchangeable to a large extent, the cu
ent approach intends to force suppliers to shift towards technology to maintain a business relationship. The suppliers must cover the cost to adapt to the new requirements.
Using the above scenario, write a report to critically analyse the cu
ent approach of the buyer organisation with respect to supplier relationships and stakeholder management. What are your thoughts which stakeholder management approach is beneficial to the buyer and suppliers and why?
In your report, demonstrate your discipline knowledge from week 1 to week 8 and its application to the given scenario.
References: All writing and illustrations must be adequately and appropriately referenced. Your report should consist of a minimum of XXXXXXXXXXscholarly references. All references must be from credible sources, such as journal articles, research books, industry-related journals, company documents, and other recent articles written by consultants (e.g. KPMG, Deloitte, PricewaterhouseCoopers)
Word Count: The word limit is 3500 words (+/- 10%), and the assignment will be submitted through Turnitin. No appendices are required for the report.
Presentation Standard
The report submitted should comply with the following standards:
· A4 size pape
· Font Times New Roman
· Font size 12 pt for normal text
· Font size 14 pt bold for major headings, 12 pt bold for minor headings
· XXXXXXXXXXline spacing
· Page numbering (centred at the bottom of each page)
· 4 cm margin left of page, 2.5cm margin top, bottom and right of page
· All figures, tables, diagrams are to be consecutively numbered and appropriately labelled