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Summary INF 336 week 5 paper .docx Purchasing and Supply INF 336: Project Procurement Management PURCHASING AND SUPPLY The object of this paper is to cover a project I have been a team member of, or a project manager for, using the topics that follows to co

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INF 336 week 5 paper .docx Purchasing and Supply INF 336: Project Procurement Management PURCHASING AND SUPPLY The object of this paper is to cover a project I have been a team member of, or a project manager for, using the topics that follows to contextualize the research topic. This paper will define the importance of purchasing and supply management and how this relates to selecting a qualified supplier anddiscussing how to select strategies for negotiating prices.The third item covered will be assembling the steps of the creation of a project supply, service, and material budget from detailed requirements. Next, it willillustrate the benefits and costs of outsourcing, and the growth pattern of outsourcing.The fourth item covered will be evaluation of the various organizations that are benchmarks in purchasing and supply management, and their best practices, while finally also providing specific examples

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PURCHASING AND SUPPLY 1




Purchasing and Supply


INF 336: Project Procurement Management




PURCHASING AND SUPPLY


The object of this paper is to cover a project I have been a team member of, or a

project manager for, using the topics that follows to contextualize the research topic. This

, PURCHASING AND SUPPLY 2

paper will define the importance of purchasing and supply management and how this

relates to selecting a qualified supplier anddiscussing how to select strategies for

negotiating prices.The third item covered will be assembling the steps of the creation of a

project supply, service, and material budget from detailed requirements. Next, it

willillustrate the benefits and costs of outsourcing, and the growth pattern of

outsourcing.The fourth item covered will be evaluation of the various organizations that

are benchmarks in purchasing and supply management, and their best practices, while

finally also providing specific examples of companies who show market leadership in

purchasing and supply management.


A project I was the project manager for involved overseeing the painting

operations of the 48 U.S. Air Force C-17 cargo aircraft. On average 24 aicraft are painted

in 1 year. I was charged with identifying aircraft that needed repainting, scheduling so

they do not conflict with deployments or training. Also, it could not impede other aircraft

maintenance that needs to take place, along with ordering supplies for painting

operations, job assignments. Another item was if needed management of the paint facility

itself if it was something I could fix, or I had to call a contractor out to fix that way we

could stay on our paint schedule. For the painting operations, each aircraft takes two

weeks to sand and paint with 24-hour operations 5 days a week and if problems arose

such as facility issues,shifts would go to working 7 days a week until we were caught up.


Now that you know some information about the scope of my responsibility let’s

look at the importance of purchasing and supply management and how this relates to

selecting a qualified supplier. The importance of purchasing and supply management is

overall the cost and bottom line of the company or business. Doing this properly helps the

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