Discuss the development of the buyer/supplier relationship in an increasingly competitive and sophisticated commercial environment. Consider current and future business trends illustrating your discussion with relevant cases or examples. In your paper include a critical review of contracting/tendering framework and key aspects of the negotiating process in organisation(s) and/or industry sector(s) with which you are familiar.
Your paper should demonstrate the following learning outcomes:
- Understand procurement and acquisition management processes.
- Demonstrate a practical and theoretical knowledge of materials and resources management and strategy.
- Be aware of contractual and broader legal issues with regard to the customer/supplier relationship.
- An understanding of the principles and application of contract negotiations.
References should:
- Include literatures from the International Journal of Project Management.
- Any other sources must be available online for free.
- All the links must be provided.
Marking criteria
In this written assignment, you are required to meet the following marking criteria:
- Structural coherence
- Application of appropriate methodology
- Effective use of evidence
- Contextual references
- Appropriate use of theoretical concepts
- Critical analysis of relevant literature
- Critical reflection
- Appropriate reference to the workplace
- Accurate referencing (APA)
- Clear and effective presentation of material
- Lucid and accurate use of English