Samsung is committed to complying with local laws and regulations as well as applying a strict global code of conduct to all employees. It believes that ethical management is not only a tool for responding to the rapid changes in the global business environment but also a vehicle for building trust with its various stakeholders including customers, shareholders, employees, business partners, and local communities. With an aim to become one of the most ethical companies in the world, Samsung continues to train its employees and operate monitoring systems, while practicing fair and transparent corporate management (Samsung, 2021). You have been appointed as the purchasing manager at Samsung South Africa. You are required to conduct an overhaul of the purchasing operations. You have been instructed to explain to the team the role and direction of the department. Q.1.1Outline any two of the reasons why the purchasing function has become increasingly important for businesses today. In your explanation, apply these reasons to the context of the Q.1.2 You are putting together a team to purchase next-generation microchips for Samsung’s latest device. Explain what a cross-functional team is in relation to Samsung. Note: Your application to Samsung must list any two functional departments which will be involved in this purchase and explain how each one plays a role in this cross-functional purchasing team. 1.3 Explain how the operations department of Samsung would rely on purchasing and supply management. Note:You are required to discuss at least three key points in relation to Samsung.
Samsung is committed to complying with local laws and regulations as well as applying a strict global code of conduct to all employees. It believes that ethical management is not only a tool for responding to the rapid changes in the global business environment but also a vehicle for building trust with its various stakeholders including customers, shareholders, employees, business partners, and local communities. With an aim to become one of the most ethical companies in the world, Samsung continues to train its employees and operate monitoring systems, while practicing fair and transparent corporate management (Samsung, 2021).
You have been appointed as the purchasing manager at Samsung South Africa. You are required to conduct an overhaul of the purchasing operations. You have been instructed to explain to the team the role and direction of the department.
Q.1.1Outline any two of the reasons why the purchasing function has become increasingly important for businesses today. In your explanation, apply these reasons to the context of the
Q.1.2
You are putting together a team to purchase next-generation microchips for Samsung’s latest device. Explain what a cross-functional team is in relation to Samsung.
Note: Your application to Samsung must list any two functional departments which will be involved in this purchase and explain how each one plays a role in this cross-functional purchasing team.
1.3 Explain how the operations department of Samsung would rely on purchasing and supply management.
Note:You are required to discuss at least three key points in relation to Samsung.
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