Need For Sourcing And Supplier Development In An Organization
Sourcing can be classified in many ways thus: single sourcing, multiple sourcing. Single sourcing involves having one supplier who will meet the buyer’s requirements by delivery schedule is made easier, quality control since there is only one supplier, personal relationship can be more easily established thus, making communication more effective.
Another one is multiple sourcing which is seen as a situation in which the buyer may choose to buy from more than one source, it means several sources of supply. Hence there are many advantages of multiple sourcing like competitive pressure, it provides alternative sources in the event of supply stoppages. It enhances supplier’s appraisal. Direct access to comparable data from competitors greatly simplifies the task of suppliers monitoring and appraisal.
The project work has been divided into four chapters.
Chapter one deals with the introduction of the approach.
Chapter two is a review of related literature on searching out of supplier’s selection of supplier and selection of sourcing strategy.
The next chapter three outlines the procedures and methods used in gathering data.
While chapter four which is the last chapter deals with conclusion, summary and recommendation.
NOTE: Preview the following Table of Content before you download the full content. WYSIWYG – What You See Is What You Get.
Title page
Approval page
Dedication
Acknowledgement
Abstract
Table of contents
CHAPTER ONE
Introduction
1.1 Background of the study
1.2 Statement of problem
1.3 The objective of study
1.4 The relevance of study
1.5 Research questions
1.6 The scope of study
1.7 The limitation of study
CHAPTER TWO
2.0 Literature Review
2.1 The need for sourcing
2.2 Identification of suppliers
2.3 Procedure for selecting suppliers
2.4 Selection of sourcing strategy
2.5 Some advantages and disadvantages of single sourcing
2.6 Advantages and disadvantages of multiple sourcing
2.7 Supplier development
2.8 When and ways of developing supplier
2.9 Factors to be considered in supplier evaluation
2.10 Factors that limit supplier evaluation
CHAPTER THREE
3.1 Discussion on major findings of the study
CHAPTER FOUR
4.0 Summary and conclusion
4.1 Summary
4.2 Conclusion
4.3 Recommendation
Bibliography
Appendix
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