Identify and describe the key stages of the sourcing process in the organisation of

your choice. What are the primary objectives of each stage? $(25\%$ of the marks$)$

b$)$ Identify how procurement contributes to the profitability of the organisation. $(25\%$

of assignment mark$)$

c$)$ Discuss the role of risk management in procurement. What are the major risks that

your selected organisation faces in their procurement activities, and how do they

mitigate or manage these risks? Provide examples of risk mitigation strategies and

their impact on procurement $(25\%$ of assignment mark$)$

d$)$ Report; Academic Writing $(5\%$ of assignment mark$)$

e$)$ Individual Presentation $(20\%$ of assignment mark$)$