BUDCOM 2 Budget & Commerical Management - Assignment

Format: Discussion paper of 2500 words

Discuss the development of the buyer/supplier relationship in an increasingly competitive and sophisticated commercial environment.   Consider current and future business trends illustrating your discussion with relevant cases or examples.  In your paper include a critical review of contracting/tendering framework and key aspects of the negotiating process in organisation(s) and/or industry sector(s) with which you are familiar.

To achieve a pass grade your paper should demonstrate the learning outcomes :

  • Understand procurement and acquisition management processes.
  • Demonstrate a practical and theoretical knowledge of materials and resources management and strategy.
  • Be aware of contractual and broader legal issues with regard to the customer/supplier relationship.
  • An understanding of the principles and application of contract negotiations.
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