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Use theory and practice together as with the first

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Use theory and practice together as with the first question.Conclusions (500 words)This report shows that IBM actively engages in strategic sourcing as a means ofprocurementprocess to coordinate all procurement functions. s to transition from tactical to strategicprocurement and proactive long-term planning. To do this, the Airbus organization strives to
continuously enhance its sourcing process via collaborative connections with external resourcesand productive supplier markets to decrease costs and raise the value of products and services forcustomers. Airbus has a global sourcing strategy whereby they assemble parts and equipmentfrom different companies, both local and international. The company is faced with key risks inthe procurement process, such as the dependence on suppliers, cyber insecurity, etc. However,since procurement is not a 'risk-free' activity, it is recommended that the organisiza shouldminimize risks and maximize opportunities that are accompanied by its dynamism and growthstrategythroughout the procurement process structured process that allows individual riskevents and overall project risk to be understood and managed proactively, optimising projectsuccess by minimising threats and maximising opportunitiesKey findings of the reportRecommendationsWhat drives the company’s sustainabilityInternal collaborationfoster procurement and increases the organisation’s sustainabilitythrough sustainable supply networks, while also engaging external stakeholders to monitorcompliance and to involve suppliers in major sustainability initiatives Gualandris et al. 2015,Huq et al. 2016, Parmigiani et al. 2011)ReferencesUsea wide range of sources mainlyjournal articlesand books.Keep internet sources at minimum and only when necessary.A minimum of 15 references is required.Over time, IBM has been the resource other major organisations turn to for their outsourcingneeds(Brooks and Miller), such as Proctor & Gamble, and outsourced some of its services as aviable solution to optimizing its supply chain management needs, maximize profits, improveplanning and increase shareholder’s comfort levels (add a publication).
Effects of outsourcing on employeesThere is tendency for IBM to face dilemma in terms of maintaining positive brand imagewhile balancing the need to eliminate waste and improve efficiencies along their supplychain. There may be less concern since IBM performance has been earmarked for acontinuous improvement on standard and act as a driving force for a divestment of themanufacturing requirements that can be performed at over cost more efficiently by third-party provisions.It is also important to standardise procurement process.Generally speaking, your procurement process will likely face potential risk exposure frominadequate needs or supply, supply chain management, or cyber-attack, system.

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Term
Fall
Professor
NoProfessor
Tags
International Business Machines

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