SCM20002 Procurement Management - Assignment 3B

Assignment details:

This assignment, along with Assignment 3A: Project plan and Assignment 3C: Project self and peer evaluation are team-based. This means you'll be working in a team of 4–5 people, which you'll be forming in Week 3. Teamwork is a key component of this assessment and it is the responsibility of the team to self-manage the work that is required to complete the project tasks.

For this assignment, your task is to develop a procurement plan, for all the equipment/supplies you will need to open for business (ignore buildings/lease and utilities), in addition to products that cover anticipated market demand for the period Jan-Dec 2023 (choose just one product).

This report should be as realistic as possible and based on a real location in Melbourne and sell realistic items.

Your report, based on a combination of academic literature, expert facts you know/can learn about patisseries and your own opinions, should cover the following:

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Executive summary

Introduction

• your company’s vision, mission, and market position
• who will be your main competitors and why

Methods and findings (main body of your submission which includes the following):

• your competitive advantage(s) and your competitive point of difference, i.e. how is your business unique and how will it bring in customers?
• supplier identification and evaluation, sourcing of real-lifesuppliers for all equipment and ingredients/components, eg. company name, description, location, the reason you have selected them, etc.
• the categories by which you will break down your procurement needs, eg food, equipment, services such as cleaning, delivery transportation etc
• developing a forecast of predicted demand for your product over the 12-month period in a graph/bar chart format, eg. think about things that may affect demand like holidays, weather etc.
• utilising your forecast to establish a procurement strategy for the needs requirements of product supply over that 12-month period (what quantities will you order and how frequently will you place orders? Remember to consider lead times)—GANTT chart is required (Please refer back to 3 Benefits, process and risksand 7.5 Discussion: Gantt chart)
• What inventory policies will you adopt (i.e. how many days’/weeks’ stock will you keep? Will you build up inventory in advance of periods of expected high demand? What considerations and costs are associated with the storage of inventory for your product?a detailed supply chain diagram for your product from second tier suppliers to OEM (your company, no distribution plan required)
• negotiation considerations and tactics you might employ when dealing with suppliers to help you run a successful and competitive business
• any outsourcing you will use, the reasons behind that decision, and the risks involved
• examples of performance indicators you might wish to include on your suppliers’ performance scorecards and why
• contract considerations and duration of contracts
• an estimation of the overall costs and budget is additionally required.

Conclusions

Recommendations

Appendices:

• include raw data, charts and tables that are not essential to be included in the body of your report.

References:

• references, using Swinburne Harvard referencing style.
• word count does not include footnotes, references and appendices.