Procurement Processes & Sustainability at Tasty Fast Food Report
Coursework 1: Tasty Fast Food: Case Study Report [50% overall weighting] The coursework requires the production of an individual report based on the fictitious case of Tasty Fast Food. Case Study: Tasty Fast Food operate various branded fast food restaurant outlets across continental Europe and the UK. The group has annual revenues of €12 billion. After a number of acquisitions and divestitures the supply chain, with an annual expenditure of €6.8 billion and 95,000 suppliers, has become fragmented. An initial analysis suggests that less than half of the expenditure is covered by corporate contracts. Most of the purchasing decisions were found to be taken locally and many of the detailed specifications, contractual arrangements and relevant vendor data have been found to be unavailable for review. Additionally, environmental concerns have been raised in the press regarding the sustainability of the supply chain operation. The procurement processes of Tasty Fast Foods rely on the various legacy systems that have developed in an ad hoc manner following the acquisitions that have taken place. The corporate board of Tasty Fast Food wish to conduct a review of procurement within the group. The objectives of the review should include a discussion of the methods that will: • Boost spend visibility across all outlets; • Bring more spend under active management; • Consolidate the network of 95,000 suppliers; • Improve supplier management to lower risks, avoid disruptions and maximize value; • Address the environmental concerns regarding the sustainability of the supply chain operations and • Increase cost savings. 1 Submission Requirements: Students are asked to produce a report of 2000 words (+/- 10%, excluding abstract, appendices and reference list) which would be suitable for presentation to the Board of Tasty Fast Food. The report should consider how procurement within the group has been managed and what improvements should be considered. The report, supported by reference to appropriate academic literature, should contain an appropriate abstract and short introduction and should address issues such as: – inputs from stakeholders; – policies & governance procedures surrounding the procurement process; – meeting business needs within the procurement process; – development and implementation of appropriate specifications and contracts; – sourcing and selection processes; – supplier negotiations and the commercial terms on which suppliers are engaged; – ongoing management of contracts and suppliers; and – supply chain risk management. Broadly, these topics are covered in Weeks 1- 8 of the module. Assessment: In assessing the report consideration will be given to: 1. The demonstration of understanding of the various aspects of the procurement process in the context of the case. (40%) 2. The use of appropriate academic literature to support the arguments advanced in the report. (40%) 3. The quality of presentation of the report, including the adoption of an appropriate academic style, the provision of an introduction which ‘sets-the-scene’ and of a separate abstract which summarises the content. The report should properly cite the source of any materials used and should contain a list of references. (20%) When preparing their submission, students should consider the general guide which shows the criteria that will be used as a basis for marking the various sections of the coursework (shown on pages of 4-6 of this document). 2 Submission: One electronic / soft copy must be submitted via GCU Learn no later than noon on Wednesday 9th August 2023. Submissions should include a completed ‘front sheet’ and plagiarism declaration sheet, both of which are available under the Assignment Tab on GCU Learn. Unless an extension has been granted by the module leader, students handing in the coursework beyond the deadline will not be marked and a ‘Fail at First attempt’ will be recorded. Students will then have to undertake the second diet assessment and must again submit by the required dates. While it is expected that all students will submit their assessment on time, it is recognised that students occasionally face difficulties which are beyond their control. In such situations students may apply for an extension. All requests for an extension must be submitted before the submission deadline to the module leader. This request should be in writing (email is fine) with supporting evidence provided where available and the contact names of your Year Tutor or Programme Leader must also be provided. Extensions may be granted in two circumstances only: I. For medical reasons – any such requests for an extension must be supported by a doctor’s note; II. For extenuating personal circumstances, such as Documentary/third party evidence must normally be submitted. bereavement. The loss of work due to an ICT failure, loss of USB pen, etc. is insufficient reason for an extension. 3 As a general guide, the following criteria will be used as a basis for marking the various sections of the coursework which carries an overall weighting of 50% of the module assessment: 1. The demonstration of understanding of the various aspects of the procurement process in the context of the case. (40%) %age mark Basis of Assessment 70% The report demonstrates a thorough understanding of the concepts of procurement management in the context of the case. All areas of procurement management are well covered and critical thinking is evident. The arguments presented are well supported by the use of examples taken from the case. 60-69% The report demonstrates a good understanding of the concepts of procurement management in the context of the case. Most areas of procurement management are well covered and some critical thinking is evident. The arguments presented are reasonably well supported by the use of examples taken from the case. 50-59% The report demonstrates an understanding of the concepts of procurement management in the context of the case. Some areas of procurement management are well covered but more critical thinking is required. There is some support for the arguments presented using examples taken from the case. 40-50% The report contains some gaps in the understanding of the concepts of procurement management in the context of the case. More critical thinking is required. There is limited support for the arguments presented using examples taken from the case.
Collepals.com Plagiarism Free Papers
Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS
Why Hire Collepals.com writers to do your paper?
Quality- We are experienced and have access to ample research materials.
We write plagiarism Free Content
Confidential- We never share or sell your personal information to third parties.
Support-Chat with us today! We are always waiting to answer all your questions.
