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Meaning of Public Procurement Being a Cross-Disciplinary Field - Assignment Example

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From the paper "Meaning of Public Procurement Being a Cross-Disciplinary Field" it is clear that organizations have been able to minimize wastes, and even theft of stock, which affects profitability negatively. More these, technology facilitates the adoption of technology procurement…
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Meaning of Public Procurement Being a Cross-Disciplinary Field
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Assignment Meaning of Public Procurement being a Cross-Disciplinary Field A cross-disciplinary field refers to an area that involves the integration of many aspects. Public procurement combines many activities to achieve the required objectives. It, for example, employs the use of information technology specialists where certain activities have been computerized. More this, involving customers can assist the organization in procuring goods that meet the unique requirements of the end-users.

Cost accountants also participate in the process with an intention of ensuring that the organization maintains an efficient cost structure. Therefore, the participation of these different groups makes procurement a cross-disciplinary process. Analysis of the Supplier Management Method Used by the King of SwedenPublic beheading means killing a supplier in public when they do not meet the supply requirements. Such an action invokes efficiency in supply, given that non-performance leads to death.

Consequently, most suppliers at this time ensured that they fulfilled the requirement of the king by all means, which promoted operations in the kingdom. However, the lack of power in the hands of the suppliers led to their oppression, given that the market at times faces uncertainties that could affect supply. Handling Non-Performance in Modern-day following the establishment of the law of contract, an organization can choose to sue a supplier who does not abide by the contract terms of delivery.

In other cases, an organization can work with multiple suppliers, to, maintain continuity of operations when one supplier fails. Crucial Attributes for a World-Class Public PurchaserI believe in the power of negotiations. Interacting with suppliers can enhance this skill as relations can be built between the organization and the suppliers. Consequently, an organization can bargain for better prices, thus leading to a low cost of purchasing. The low cost translates into low product prices, thus increasing the competitive edge of the organization.

Alternatively, the organization can negotiate for suitable credit terms that allow it to operate normally in cases of reduced cash flow. Technical skills also play a major role in procurement. They ensure the purchase of technologically viable products. This leads to the proper integration of technology with the existing business structures, thus promoting the ability of the organization to develop innovative strategies that lead to success. Computer proficiency continues to rank as one of the most important skills in an organization.

The use of computers leads to the standardization of various processes in the organization, thus enhancing uniformity. Computer applications also make work easier and allow the organization to serve its customers fast. This leads to customer satisfaction, hence guaranteeing the organization of return purchases.

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