<p>Course:        Bachelor Thesis in Business Administration, 15 ECTS</p><p> </p><p>Topic:          The Impact of Strategic Purchasing on an Organization’s Profitability</p><p>                     A Case Study of Ghana Telecom Company        </p><p>                                         </p><p> </p><p>Supervisor:     Mats Viimne</p><p>Background:  The purchasing function contributes directly to the operating results and</p><p>                       profitability of an organization. It has been argued out that, the fact that</p><p>                       purchasing is responsible for spending more than 60 percent of an organization’s    </p><p>                       sales dollars highlights the profit-enhancing potentials of the purchasing on an</p><p>                       organization.</p><p> </p><p>                                 </p><p>Problem:       How can strategic purchasing affect the profitability of an organization?</p><p> </p><p>Purpose:       The purpose of this research is to describe how strategic purchasing impact on</p><p>                      the profitability of Ghana Telecom Company.    </p><p> </p><p>Method:      The author collected both primary and secondary data in order to fulfill the  </p><p>                    purpose of the paper; the primary data was gathered directly from relevant sources</p><p>                    in Ghana Telecom Company, through telephone and email interviews. The</p><p>                    secondary data was obtained from indirect sources, such as textbooks, articles, and</p><p>                    websites. The method used can be described as a qualitative.</p><p> </p><p>Conclusion: An organization’s purchasing strategy is becoming recognized as a strategic weapon</p><p>                    equal in importance to its marketing, conversion and finance strategies as pointed</p><p>                     out by Dobler et al. Ghana Telecom Company’s strategic approach to buying include</p><p>                    multiple sourcing, short-term contracting and competitive bidding as a measure</p><p>                    towards increasing its profitability by being able to source at the lowest cost, and</p><p>                    having other sourcing alternatives, which leads to cost reduction.</p>

In this paper we investigate a manufacturer's sustainable sourcing strategy that includes recycled materials. To produce a short life-cycle electronic good, strategic raw materials can be bought from virgin material suppliers in advance of the season and via emergency shipments, as well as from a recycler. Hence, we take into account virgin and recycled materials from different sources simultaneously. Recycling makes it possible to integrate raw materials out of steadily increasing waste streams back into production processes. Considering stochastic prices for recycled materials, stochastic supply quantities from the recycler and stochastic demand as well as their potential dependencies, we develop a single-period inventory model to derive the order quantities for virgin and recycled raw materials to determine the related costs and to evaluate the effectiveness of the sourcing strategy. We provide managerial insights into the benefits of such a green sourcing approach with recycling and compare this strategy to standard sourcing without recycling. We conduct a full factorial design and a detailed numerical sensitivity analysis on the key input parameters to evaluate the cost savings potential. Furthermore, we consider the effects of correlations between the stochastic parameters. Green sourcing is especially beneficial in terms of cost savings for high demand variability, high prices of virgin raw material and low expected recycling prices as well as for increasing standard deviation of the recycling price. Besides these advantages it also contributes to environmental sustainability as, compared to sourcing without recycling, it reduces the total quantity ordered and, hence, emissions are reduced.

Course:        Bachelor Thesis in Business Administration, 15 ECTS   Topic:          The Impact of Strategic Purchasing on an Organization’s Profitability                      A Case Study of Ghana Telecom Company                                                     Supervisor:     Mats Viimne Background:  The purchasing function contributes directly to the operating results and                        profitability of an organization. It has been argued out that, the fact that                        purchasing is responsible for spending more than 60 percent of an organization’s                            sales dollars highlights the profit-enhancing potentials of the purchasing on an                        organization.                                     Problem:       How can strategic purchasing affect the profitability of an organization?   Purpose:       The purpose of this research is to describe how strategic purchasing impact on                       the profitability of Ghana Telecom Company.       Method:      The author collected both primary and secondary data in order to fulfill the                       purpose of the paper; the primary data was gathered directly from relevant sources                     in Ghana Telecom Company, through telephone and email interviews. The                     secondary data was obtained from indirect sources, such as textbooks, articles, and                     websites. The method used can be described as a qualitative.   Conclusion: An organization’s purchasing strategy is becoming recognized as a strategic weapon                     equal in importance to its marketing, conversion and finance strategies as pointed                      out by Dobler et al. Ghana Telecom Company’s strategic approach to buying include                     multiple sourcing, short-term contracting and competitive bidding as a measure                     towards increasing its profitability by being able to source at the lowest cost, and                     having other sourcing alternatives, which leads to cost reduction.

Den här uppsatsen behandlar ett problem som identifierats bland små till medelstora svenska modeföretag: det stora beroendet av outsourcade produktionsagenter och fullprisproducenter. Syftet med uppsatsen är att identifiera de förutsättningar och hinder dessa modeföretag kan stöta på när de försöker integrera dessa utlagda kompetenser till en intern lösning. Genom detta hoppas författarna kunna tillföra nya perspektiv för befattningshavare som är intresserade av att omstrukturera sin nuvarande inköpsmodell.De metoder som använts för att samla in det teoretiska och empiriska underlaget var skrivbordsstudier, såväl som strukturerade och ostrukturerade djupintervjuer med grundaren av ett svenskt jeansföretag, samt en anställd på en stor svensk modekedjas inköpsavdelning.Resultaten understryker den strategiska betydelsen för växande modeföretag att äga sin inköpsfunktion. Genom att äga kompetenserna för mönsterkonstruktion och inköp kan företag minska sitt beroende av externa organisationer och öka flexibiliteten i sin produktutvecklingsprocess. De hinder som identifierats utgörs bland annat av en ökad affärsrisk under övergången till en intern inköpsavdelning till följd av avsiktliga störningar i värdekedjan av producenterna, samt de extra kostnaderna för det ökade administrativa arbetet.This essay focuses on a problem identified among small to mid sized Swedish fashion companies: the large dependence on out sourced production agencies and full price producers. The purpose of the essay is to identify the prerequisites and obstacles these fashion companies might encounter whilst trying to incorporate the out sourced competencies into an in-house solution. By this, the authors hope to add new perspectives to executives interested in restructuring their current buying function.The methods used to gather theoretical and empirical material were desk studies as well as structured and unstructured in-depth interviews with the founder of a Swedish denim fashion company, and an employee at a large Swedish fashion retailer’s buying department.The findings stress the strategic importance of owning the competence of the buying function for growing fashion companies. By owning the competencies of pattern-making and a formalised buying function the companies can weaken their dependence on external organisations and add to their product development process flexibility. Among the obstacles identified are a increased business risk during the transition to an internal buying function caused by deliberate disruption of the supply chain by the producers and the extra costs of the increased administrative work. / Program: Textilekonomutbildningen

Covid-19 has impacted the international business environment on a large scale. Nonetheless, the pandemic has brought shutdowns and lockdowns, which has caused disruption and a decline in supplies. Implementing risk management in supplier selection strategy has been argued to be critical in managing disruption during Covid-19. Henceforth, the research purpose is to explore In order to provide a profound foundation for the topic, the thesis will be utilised with a qualitative approach. The data collection is derived from semi- structured interviews, which enables comprehensive data and is further used based on the literature review. The analysis of the thesis presents the vital changes necessary in the supplier selection strategy derived from the disruption caused by Covid-19. Conclusively, the thesis finalises how a risk- oriented supplier selection strategy has emerged for the company to meet future challenges. Thus, the authors interpreted it to align with the statement, "When life gives you lemons, make lemonade".