Identify a product, service or category of spend and outline its importance and impact on your organizations stakeholders.

?Assignment ?Introduction: ? Identify a product, service or category of spend and outline its importance and impact on your organizations stakeholders. ? Prepare a brief market analysis and demonstrate how your procurement function will produce value for money outcomes. ? Review the current approaches to managing prices and costs for the product, service or category you have identified. ? Highlighting the impact of markets to secure cost savings for your organization. ?You are expected to approach your assignment from a procurement and supply context using the module content as the basis of your submission. ?You are expected to write with an organization Procurement dep. Point of view. ?Project Selected Service: The surgical mask. ?*Note: ?? The Organization has three different locations: OPC (outpatient clinics)/ Main Hospital/Administration offices. ?? The organization has around 3,500 employees. ?Assessment Criteria: 3,000 words total. ?? Application and insight (40%) ?? Research (20%) ?? Knowledge and approach (20%) ?? Structure and presentation (20%) ?Assignment structure: ? Cover Page (without a name) ? Page of content ? Executive Summary ? Main Content (2,400 words) ? Introduction to the subject (Printers)— (100 words max) ? Importance of Printers and its impact on stakeholders. (500 words) ? Market analysis — (500 words) ? VFM (Value for Money) outcomes. — (500 words) ? approaches to managing prices and costs for the product (400 words) ? Impact of markets to secure cost savings. (500 words) ? Conclusions and Recommendations (300 words) ? References (for citations) ? Bibliography (for wider reading) ?- use Porter, M.E (1980) competitive strategy free press, New York. ?- use Kraljic, P. (1983) Purchasing must become supply management Harvard business review, ?Vol 61(5), PP 109-117. ? Appendices: (words don’t count in the appendix) ?- apply chart Matrix Like Kraljic (for the impact of the market) ?- Mendelow Matrix