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Determine your organisation's view on the advantages and disadvantages of the purchasing methods using examples provided or adding your own...
1. Determine your organisation's view on the advantages and disadvantages of the purchasing methods using examples provided or adding your own additional examples
2. Describe how you might consult with relevant stakeholders
3. Explain how you would analyse information to determine the nature and level of resources required to achieve business objectives
4. Create an action plan to acquire and allocate the resources, incorporating strategies to maximise efficiency and managing risk
5. Show how will you implement this plan so that systems:
- Incorporate efficient use of resources into work practices
- Monitor resource use against budgets and business objectives
6. Clearly indicate, as part of your plan, the expected level of performance achieved and any adjustments that may be needed to achieve service and product delivery standards
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