This assessment consist of two compulsory questions

Question 1: 50% of the total marks

Module: Managing Expenditure with Suppliers

You are required to select an example of a category of procurement of a product, service or constructional works bought by your organisation. 

You are required to: 

(a) Research the market of your chosen category and review its size, scope and extent of competition

(b) Summarise the demand and supply factors that impact on the chosen category of procurement

(c) Explain the current pricing mechanism applied to the category and assess the factors that impact on the pricing of the category

(d) Apply two matrices to assess the category of expenditure

(e) Formulate proposal for pricing arrangement that can be adopted for this category

Guidance

This section of your work should consit of approximately 2,000 words and should include a title, your candidate number, contents page, executive summary, references and a bibliography. Any source materials such as web sites, company reports, indices, market data, articles, journals or texts should be referred to in your references or bibliography