ASSGNMENT: 1. Procurement process systems of the company below to be critically reviewed and to analyze whether the steps in procurement system in line with waste reduction goals and value chain. Also...

ASSGNMENT:
1. Procurement process systems of the company below to be critically reviewed and to analyze whether the steps in procurement system in line with waste reduction goals and value chain. Also to critically discuss the risks if the company didn’t change or improve the process or system whereby if we ignore the risk will damage the environment, angry society, branding issue and at last possibly bankruptcy of the company ( 50%)
2. -Critically advise
1. Procurement Strategy,

2.Strategic  sourcing and outsourcing ,

3. Supply risk

for improvement of the step/part of the procurement process/system above.   How procurement risks will be mitigated through contract performance metrics, insurance, or other means (50% of the word count)
Purpose of SCM Policy & Procedure
o    Policy provides the guiding principle in managing supply chain activities
o    Procedure specifies the method or standard process to perform work/task
o    Both Policy and Procedure are intended to ensure procurement activities are carried out in efficient, fair, transparent and cost effective manner
o    Both policy and procedure are designed to increase integrity and at the same time reducing risk exposures and negative impact to the company
o    All sourcing and procuring activities are subject to the terms and conditions stated in each policy and procedure
o    Failure to comply with policy and procedures resulting in disciplinary action.
o    All employees to sign and adhere to the corporate Governance Group Code of Conduct
o    SCM process will be measured and audited by internal or external party based on approved Policies and Procedures