Procurement and Supply Chain Management in Bentley: A Comprehensive Analysis

PROCUREMENT AND
SUPPLY CHAIN
MANAGEMENT

Executive summary
Supply chain refers to a process by which a company is able to convert its raw material into
finished goods. It is very essential that the supply chain of the company would be efficient so
that it can better serve the company along with meeting its customer’s expectations. On the
procurement refers to an agreement with the external supplier that enable the company to have
an access of the product. This report will discuss about the concept of supply chain and the
procurement along with its theories. A detailed structure, process of the supply chain
management and the procurement is also discussed in this report. Various characteristic of
supply chain and procurement and their incorporation with the Bentley is also included in this
report which is again supported by the strength and challenges that are associated with the
company. Lastly, an impact of Covid pandemic, strategies of supply chain and procurement,
KPI’s and the role of effective and efficient outcome towards the customer with relation to these
concepts are also included in this report.

Table of Contents
Executive summary.........................................................................................................................2
INTRODUCTION...........................................................................................................................4
MAIN BODY..................................................................................................................................4
Procurement and supply chain management framework.............................................................4
Structure/process of supply chain management and the procurement.........................................6
Characteristics of procurement and supply chain management function....................................9
Role of supply chain management and procurement.................................................................11
CONCLUSION..............................................................................................................................12
RECOMMENDATION.................................................................................................................12
REFERENCES................................................................................................................................1

INTRODUCTION
Bentley is one of the leading British manufacturer that is engaged in the production of
luxury cars and SUV’s. Its headquarter is in Crewe, England. The supply chain of Bentley is
smart and sustainable. This means that its supply chain has an inculcation of smart technology
and sustainability that guides the company to meet its economic objective along with preserving
the environment. It builds a fast, good and best car. Being having an association of the
company’s logistics centre with the main supply hall it works in the direction of reduction of
30%. Likewise, being having a greater involvement of solar panel for energy production it serves
100% sustainability with regard to energy (Wilson, 2021). It is also to be considered that the
supply chain scope of the Bentley is worldwide which enable it to deliver its products across the
entire globe.
MAIN BODY
Procurement and supply chain management framework
Supply chain management refers to flow of good that includes all the process by which the
raw material will be converted into finished goods that is being delivered to the customers (Min,
Zacharia and Smith, 2019). Here the raw material is counted as upstream while the final product is
considered as downstream. This means that the suppliers are always upstream while the customer
who consumes the goods are considered as downstream. It leads the business to gain the
competitive advantage along with satisfying the needs of the customers.
Procurement refers to a process by which the company can acquire the goods and services
that is usually related with external sources. This means that it is a process that enable the
company to obtain goods and services from the external suppliers (Mena, Van Hoek and
Christopher, 2018). This process is usually executed with the method of bidding. It is an important
part of the supply chain because through this process company can acquire those goods and
services that it does not possess.
Framework/Models related with supply chain management and procurement:
Continuous flow model:
As per this model there is a continuous manufacturing of the same goods again and again.
The purpose of this model is to have a continuous supply of products in order to meet the high