1 Explain current and likely future procurement re

1 Explain current and likely future procurement requirements

The primary theme of the paper is 1 Explain current and likely future procurement requirements in which you are required to emphasize its aspects in detail. The cost of the paper starts from $79 and it has been purchased and rated 4.9 points on the scale of 5 points by the students. To gain deeper insights into the paper and achieve fresh information, kindly contact our support.

Learning outcomes

There are three outcomes to this unit. The learner will:
1. Be able to identify procurement requirements
2. Be able to select suppliers
3. Be able to buy products and/or services

Outcome 1 Be able to identify procurement requirements

The learner can:
1 explain current and likely future procurement requirements
2 decide whether the purchase of products and/or services offers the organisation best
value
3 evaluate ethical and sustainability considerations relating to procurement
4 justify the decision to buy products and/or services with evidence of an analysis of risk,
costs and benefits

Outcome 2 Be able to select suppliers

The learner can:
1 explain the factors to be taken into account in selecting suppliers
2 explain organisational procurement policies, procedures and standards
3 explain the effect of supplier choice on the supply chain
4 use appropriate media to publicise procurement requirements
5 confirm the capability and track record of suppliers and their products and/or services
6 select suppliers that meet the procurement specification

Outcome 3 Be able to buy products and/or services

The learner can:
1 explain the action to be taken in the event of problems arising
2 agree contract terms that are mutually acceptable within their own scope of authority
3 record agreements made, stating the specification, contract terms and any post-contract
requirements
4 adhere to organisational policies and procedures, legal and ethical requirements