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Identify a product, service or category of spend and outline its importance and impact to your organisation’s stakeholders. Prepare a brief market analysis and demonstrate how your procurement function will produce value for money outcomes.

Assessment Code: PDV

This assessment tests the learning outcomes and module content of:

Module: Driving Value through Procurement and Supply

Module: Managing Expenditures with Suppliers

Task

Identify a product, service or category of spend and outline its importance and impact to your organisation’s stakeholders. Prepare a brief market analysis and demonstrate how your procurement function will produce value for money outcomes.  Your final submission should also review the current approaches to managing prices and costs for the product, service or category you have identified, as well as highlighting the impact of markets to secure cost savings for your organisation.

Guidance for candidates

Your work should consist of 3,000 words. Your assignment should include the assignment title, your candidate number and word count on the front cover, followed by contents page, executive summary, conclusions, recommendations, references and a bibliography. Any source materials such as web sites, company reports, indices, market data, articles, journals or texts should be listed in your references or bibliography in accordance with a recognised referencing system. Your assignment submission should be word processed with a minimum font size 12pt and 1.5 or double line spacing. Refer to the Assignment Guidance document for more information.

  1. This assignment enables you to demonstrate the knowledge and understanding you have gained within the programme, together with your ability to research, analyse and problem solve a range of different procurement and supply related situations and challenges.
  2. You are advised to read carefully the complete Assignment Guidance available from the My Learning section on the LMS (Learning Management System) before commencing your submission.
  1. You are expected to approach your assignment from a procurement and supply context using the module content as the basis of your submission.
  1. It is recommended that you base your assignment upon the business unit or organisation you work for, as it is likely you will be able to access appropriate information and data that you will require to underpin and support your final submission.
  1. Your assignment must be your own work. In order to avoid plagiarism, whenever you use someone’s words directly, or make reference to the ideas or work of others, you must reference this appropriately using a recognised referencing system, as outlined in the Assignment Guidance document. Failure to reference the work of others, whether intentional or accidental, is considered plagiarism which constitutes a form of cheating and is not tolerated.
  1. Your assignment submission will be assessed according to the following assessment criteria (see the complete Assessment Guidance document (LMS – My Learning) for more information):
  1. Application and insight (40%)
  2. Research (20%)
  3. Knowledge and approach (20%)
  4. Structure and presentation (20%)
  1. Plan your assignment to ensure that you have addressed all elements of the assignment task and the assessment criteria, as well as the module learning outcomes. Think carefully about the structure, style and content of your assignment
  2. Please include your candidate number on each page of your assignment submission and include the total word count of your submission. Your name should not appear on your assignment.
  3. Your assignment can be up to 10% below the stated word count, or up to 10% higher than the stated word count. If your assignment exceeds the stated word count by more than 10%, marks may be deducted. The assignment guidance explains what is and what is not to be included in the word count. Your reference list and bibliography is excluded from the word count.

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