Procurement Process Design
Lawal, Saheed Olawale (2016)
Lawal, Saheed Olawale
Hämeen ammattikorkeakoulu
2016
All rights reserved
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2016122321477
https://urn.fi/URN:NBN:fi:amk-2016122321477
Tiivistelmä
In the business world today, competition among business organisations that produce the same products, and render the same services with the target of the same customers, has made it difficult for many business organisations to keep their business steady. In Nige-ria many small and medium-sized enterprises lack procurement strategy, which has resulted in high costs of running the business and the aftermath has hindered the business success of many business organisations. Blissfulmind Nigeria Limited was used as a case study in this work. This company is a small-scale business in Nigeria that lacks a procurement strategy of their own.
The aim of this work was to explore information from Blissfulmind Nigeria Limited business stakeholders, using different methods such as emails, Skype interviews and one on one visits to the company itself, and use the information derived to design a procurement process for the company and observe the effectiveness of the process for a period of 6 months.
After Blissfulmind Nigeria Limited implemented the procurement process, the value of the product (bread) was reduced by eight times before the commissioning of the procurement tools from 16% to 2%, and the cost of acquiring their raw materials was reduced by 16.7%.
The author of the thesis was able to conclusively show that by proper implementation of the procurement process it was possible for everyone involved in the business environment to achieve the best business success. In this project it was also suggested that some future research should be conducted to compare the effect of designed procurement tools in the optimisation of companies in different countries based on their inventories.
Keywords Procurement process, Stakeholder and Strategy
The aim of this work was to explore information from Blissfulmind Nigeria Limited business stakeholders, using different methods such as emails, Skype interviews and one on one visits to the company itself, and use the information derived to design a procurement process for the company and observe the effectiveness of the process for a period of 6 months.
After Blissfulmind Nigeria Limited implemented the procurement process, the value of the product (bread) was reduced by eight times before the commissioning of the procurement tools from 16% to 2%, and the cost of acquiring their raw materials was reduced by 16.7%.
The author of the thesis was able to conclusively show that by proper implementation of the procurement process it was possible for everyone involved in the business environment to achieve the best business success. In this project it was also suggested that some future research should be conducted to compare the effect of designed procurement tools in the optimisation of companies in different countries based on their inventories.
Keywords Procurement process, Stakeholder and Strategy