Preview

Key To An Enterprise Development Beneficiary: An Analysis

Powerful Essays
Open Document
Open Document
1123 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Key To An Enterprise Development Beneficiary: An Analysis
Key to an Enterprise Development Beneficiary being financially feasible, is establishing initiatives that service a ‘host organisation’ from a collective value chain from the onset of stage one. Through screening and selection criteria on the initial requirements of the collective value chain, resources can be better deployed to develop beneficiaries who have the greatest potential. Doing this will ensure successful elevation from stage one to stage three.
The Bottle Neck
In reality, a ‘host organisation’ has a multitude of suppliers within their supply chain who are essentially competitors of their ESD Beneficiaries. However, the secret is for a ‘host organisation’ to ultimately build a Supplier Development Beneficiary to have the ability to ‘compete and beat’ each of their competitors. They should have the capability to leverage their place in the market and, create their own market value in an exceptionally competitive economic climate. The following areas have been identified to assist ‘host organisations’ in evaluating whether their ESD Beneficiaries can deliver ‘on time, on budget and on brief’ in either the long or short-term:
…show more content…
2 Would the Beneficiary have the ability to meet stringent specific technical requirements?
3 What would be the financial and/or reputational risks associated with awarding a Beneficiary work?
4 Would the Beneficiary have the capacity to deliver on a long-term Service Level Agreement?
5 Would the Beneficiary have the capacity to work outside of the scope of work procured by the ‘host organisation’?
This selection process can be compared to a selection funnel, whereby the thin neck of the funnel only allows qualifying Supplier

You May Also Find These Documents Helpful

  • Satisfactory Essays

    2. If your firm has plenty of client references and experience in performing the Scope of Work but lacks the minimum vendor qualifications what should you consider?…

    • 319 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    (4) Adequate Government resources are available to award and manage a contract other than firm-fixed-priced (see 7.104(e)) including—…

    • 496 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Res 320

    • 926 Words
    • 3 Pages

    In today’s global market that is changing rapidly companies need to keep up with demand and market strategies to stay competitive. Businesses need to develop a process that allows them to operate at lower costs, and develop its own identity to distinguish it from other competitors. Supply Chain Management (SCM) has become an intricate part of the company operations allowing them to rethink how to reorganize their operation so they can focus on the core competencies of the company. SCM focus is to improve the way a company uses its resources such as raw materials and how it is delivered to its customers. Any product offered by a company, there are normally a number of business partners involved in the supply chain, including the manufacturers, wholesalers, distributors and retailers and the most important partner in this…

    • 926 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    In order to remain competitive, a company must offer superior quality goods or services at the lowest prices possible. Supply chain enables a company to reduce the cost while increasing the efficiency. However, there are risks that are associated with such benefits. These issues should be properly addressed when a company is trying to rely heavily on supply chain management in order to stay competitive within its industry.…

    • 466 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Operations Management

    • 2215 Words
    • 9 Pages

    Supply chain management is the coordination of the processes and functions within a business, adopted by most companies in the UK in the late 1990’s. It deals with the internal and external factors that, when dealt with correctly and systematically, can determine a businesses success or failure. A supply chain is the network of activities that delivers a finished product service to the customer. By definition, supply chain management (SCM) is “the management of the flows of materials from suppliers to customers in order to reduce overall cost and increase responsiveness to the customers” (Reid & Sanders). SCM entails the co-ordination of the movement of good through the supply chain from suppliers to manufacturers to distributors to the final customer. The main aim of SCM is to maximise the efficiency of any given process being carried out by a company; by doing this it is allowing them to try to cut their costs and hopefully keep satisfying their customers’ needs, while at the same time maintaining their competitive position within their market. Supply chain management is seen as more of an “open system” in contrast to the traditional system used by the majority of companies just 20 years ago. The new “open system” allows room for change which is greatly needed with the current financial instability of the economy.…

    • 2215 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    J.C Penney Forecast

    • 1260 Words
    • 6 Pages

    * 4 principle factors you would consider in arriving at decision to accept a client [QC 10, AU 315]…

    • 1260 Words
    • 6 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Ptl Audit Case

    • 326 Words
    • 2 Pages

    The ethical questions raised relate to the partner’s independence. He cannot be fully independent according to their professional code of conduct if he is maintaining a secret payroll for the client. He is essentially perpetrating a fraud on behalf of the client. It does not matter that PTL was not an organization registered with the SEC; the partner still has to follow the professional code of conduct that is integral to his profession and the public’s trust in it.…

    • 326 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Meeting customers ' expectations and appealing to their needs and wants is the highest organizational objective for an ideal company. Where the aim is maximizing profits, management of supply is integral. Companies that maintain a robust supply configuration with minimal increase of cost to the customers are bound to be the most successful. In researching for this paper I found one company whose supply chain management struck me as being the most comprehensive and most efficient; that company is Dell Computer. Although its supply chain management is impressive, still there is room for improvement. This paper will present the situation analysis of Dell and will discuss the major issues and problems that Dell has been able to tackle or is yet to conquer in order to achieve its objectives. Where appropriate solutions for the major challenges…

    • 3431 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    Mark3082 Individual Case

    • 2291 Words
    • 8 Pages

    The case study, “Riding the Waves Together: A Successful Partnership”, examines the journey of Surf Life Saving New Zealand (SLSNZ) and their struggle to secure sustainable funding in a competitive non-profit industry whilst continuing to stand for their mission to reduce water related injuries and fatalities in New Zealand. The case study examines corporate sponsor and partnership as one solution in addressing the issue and specifically highlights their agreement with Deutsche Post owned DHL, a globally recognised logistics and transportation company. It addresses the crucial parts of forming a partnership and how the two organisations failed to build significant frameworks to maintain a sustainable relationship, especially as it was formed due to both parties concluding that “it made sense”. However, they were able to benefit from DHL through funding their club houses and to update their facilities and equipment. It also provided reasonable levels of funding towards the beach education program launched as a result of this social partnership. DHL were also able to benefit via branding SLSNZ community days, marketing through their schooling programs and gaining access their stakeholders. SLSNZ have been providing life saving services for over 100…

    • 2291 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    5. An organization should invest in Supplier Development Programs because as companies outsource more, a larger portion of costs lie outside the company in a supply chain, making it increasingly difficult to achieve further cost savings internally, so it is important that companies work with their suppliers to…

    • 349 Words
    • 2 Pages
    Good Essays
  • Better Essays

    SCM CW2 30 11

    • 2009 Words
    • 18 Pages

    PANNAG (5403723) Early Supplier Involvement (ESI) • Need for ESI - Reduce product development time ( Eisenhardt and Tabrizi 1995) Improve quality Reduce product cost (Dowlatshahi 1997) • Strategic aspects of ESI - Extent of supplier involvement - Nature of supplier buyer relationship - Degree of information exchange and communication (Mclvor et al. 2006) (Hartley et al. 1997:259) PANNAG (5403723) • Extent of Supplier Involvement -…

    • 2009 Words
    • 18 Pages
    Better Essays
  • Good Essays

    Enterprise Case Study

    • 493 Words
    • 2 Pages

    Enterprise has become the most profitable car rental company in the United States because of the exceptional customer service they provide. They have been the front runner for a very long time and with the current approach they are implementing, they can maintain this for years to come. The human resources management is what sets them apart from the rest of their competition. One thing that changes the way their employees perform on a daily basis is the way their employees are paid based upon customer service. Giving your employees compensation for superior service ensures the best possible experience for the customer regardless of what mood the employee may be in. The Enterprise Service Quality Index is an effective way to monitor the customers in store experience and correspondingly gives personnel recognition for the astounding/unacceptable performance. When constantly showing your employees exactly what customers think of them, it exposes many weaknesses that may exist and can help inspire personnel to go beyond what is currently expected. Promoting only current employees to top level management is another successful idea that enterprise enforces. This guarantees to get the maximum potential out of every employee by showing that hard work does pay off. Employees that are self-motivated will be drawn to a company that has a record of exponential advancement. Enterprise knew the kind of employees this type of program would attract therefore making the human resource management program a success. There are minimal flaws in this program given the fact that it has been revised over the years. One problem that may exist comes from the internal promotion strategy. Top managers may not be qualified to oversee a number of branches but was promoted on the fact that customer service was superb. Overall I believe Enterprise has a brilliant concept of what components are necessary for a successful Human Resource Management Strategy.…

    • 493 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Case Study

    • 1160 Words
    • 5 Pages

    Your answers to the questions must relate to the issues in the case, however you are expected to support your responses with appropriate and relevant literature from the prescribed text: Monczka et al, 2009. You may also reference internet sources if you wish to do so. The Harvard method of referencing applies to this assignment.…

    • 1160 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    As firms become increasingly focused and specialized, the supply chain performance grows in importance. Money spent with suppliers represents a huge portion of most firms' revenues. This is the case at Regal Marine where suppliers are relied upon not only for quality components delivered on time, but for up-to-date technology and innovation. Regal expects members of its supply chain to be full partners. Suppliers are expected to join Regal in providing the customer not just quality and on time delivery, but performance and image. Luxury performance boats require no less. At the same time, Regal expects value. Apparently the most appropriate technique for Regal Marine is the few suppliers strategy, having quality vendors and partnering.…

    • 679 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Business Case - Erp Market

    • 3206 Words
    • 13 Pages

    considering expanding its product offerings and is taking a look at the market to determine…

    • 3206 Words
    • 13 Pages
    Powerful Essays