Please read the detailed case study below. You have been just been appointed as the first Procurement Manager of Yorkshire Insulation Ltd. The new managing director has asked you to produce a report of 2,000 words (+/-10%) to critically analyse the current and future procurement situation and propose a new viable procurement strategy. When writing the report you may wish to consider:- ? The current situation. o Is the current approach and strategy appropriate for the 21th century? ? Role of purchasing in global supply networks/chains o Consider the current role of buying in the organisation; is this present activity best practice, if not what are the alternatives? ? Overall objectives of the organisation o What are the overall objectives of the organisation, how might a revitalised procurement organisation meet these objectives more effectively? ? Structure of the buying department. o What a different structure be more appropriate? ? Short, medium and long term actions o What are your short medium and long-term actions, given the challenges detailed in the case study? Consider the situation and propose a number of strategic alternatives taking into account the advantages and disadvantages of each. Provide a justified recommendation on the way forward, ensuring that your work refers back to the appropriate theory and provide a comprehensive reference list in the correct APA standard. Strategic Sourcing & Procurement 55-7550 Assignment Page 2 of 6 Submission Details Due Date 1st December 2016 16:00 via Turnitin 2,000 words (+/-10%) The word count limit does not include any appendices and the reference list. However any words in excess of the limits will not be assessed, so you will need to consider how you write your assignment very carefully. It should be noted that this should be considered as an individual research project; whilst the content of the taught element of the course and case studies provide a framework and context for the assignment, they do not provide the detail. It is your task to research the topic in depth and provide a structured, well-reasoned response. Please remember, work submitted after the deadline, without prior arrangement and submission of Extenuating Circumstance form, will be awarded zero marks.