An analysis of cross-functional teams in procurement and acquisitions Term Paper

An analysis of cross-functional teams in procurement and acquisitions - Term motif ExampleThis indicates that the prime objective of logistics is to avail raw materials, commodities, and goods, satisfying four main requirements that include order, appeal fulfillment, whole step and delivery. Logistics as a result entails several value adding activities that include production, time, location, and control of the supply compass (Rodrigue & Hesse, 2012). It highlights the organizational and material support of internationalization. Logistic activities include physical distributions of the goods (derived tape drive segment), and the materials segment (the induced transport segment). The objective of this essay is to analyze a logistics management case Online Store and come up with a detailed watchword on how the business stand develop a new online retail business. The discussion will focus on the following logistic activities capital of Singaporean sourcing operations supplier se lection, evaluation and Procurement, external transportation from Singapore to Australia, and Australian Quarantine and inspection clearance (Eauc.hk, 2010). The essay highlights how the above logistic activities can help the business to produce its products at a lower cost, and add value to time and bum utility. Singaporean Sourcing Operations Supplier Selection, military rank and Procurement Procurement entails more than mere purchase of goods and services. With the change magnitude need for business competitiveness and the growing pressure to deliver value to shareholders, interest in global procurement has been accorded greater attention. Businesses have resorted to global supply chain and procurement as a way of life for survival and attainment of competitive edge. The amount of money that businesses spend on procurement is often genuine taking approximately 50% to 85% of the companys revenues. In search for high quality goods but at a lor cost, businesses like the Online Store have turned their attention to Asia for a widely range of sourcing ranging from materials, supplier identification , services to outsourcing. Singapore as a country is strategically hardened in addition to having sufficient business infrastructure. Because of this attractiveness, global businesses have been attracted to Singapore in their procurement undertakings (Singapore point Sheet, 2012). Sourcing Operations A number of rules guide the exportation of goods from Singapore. In its sourcing operations, Online Store has to adhere to these rules. According to Singapore Customs (2012), the following rules have to be adhered to Fist the company must obtain an out digest through TradeNet. If the goods are not controlled and they are exported through air or sea, the provide has to be obtained deep down three days of the export. If the goods ate controlled or are being exported to Australia via rail or road, then the permit has to be obtained forrader exports. As noted in th e case, some of the goods will be manufactured in China and sourced to Australia through Singapore. In this case, the business must obtain an Out re-imported goods permit through TradeNet before it exports the goods under the Temporary Export Scheme. By fully exploiting the free trade agreement existing amidst Singapore and Australia, the business can benefit in the form of reduced import charges which is passed on to the consumers in the form of low product prices (Dfat.gov.au, 2003). Exports from Singapore Non-Dutiable Dutiable Source Singapore Customs (2012, p.1) Supplier Selection, Evaluation and Procurement The first process in