Procurement Management - Air New Zealand Limited

Running Head: PROCUREMENT MANAGEMENT: AIR NEW ZEALAND LIMITED
Procurement Management: Air New Zealand Limited
Name of the Student:
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PROCUREMENT MANAGEMENT: AIR NEW ZEALAND LIMITED1
Executive Summary
The paper will provide the detailed information regarding the procurement management that
has been taken by Air New Zealand Limited so as to flourish in the marketplace and can gain
success in the marketplace. The paper will provide an idea regarding the strategic importance
that is vital for the expansion of the company and the procurement management as well. The
research paper will also give a clear idea regarding the recommendation that requires to look
after by the company so that the senior manager can take up the steps accordingly and assist
them to lure the consumers from the marketplace.
The study will also focus on the procurement process, which is crucial for the expansion of
the firm in the marketplace and to obtain popularity in the marketplace. The report will
showcase who are the vendors of the company who enable them to work efficiently and will
allow them to gain success in it. Lastly, the paper reflects quote and bidding which is
essential for the business firm to flourish in the marketplace and to make the success in it.
Thus, the organization must look after the matter so as to become successful in the
marketplace and can get additional advantages to provide competition to the competitors in it.

PROCUREMENT MANAGEMENT: AIR NEW ZEALAND LIMITED2
Table of Contents
1. Introduction............................................................................................................................3
2. Strategic Importance..............................................................................................................3
2.1 Code of Conduct..............................................................................................................4
 Labour and Human Rights...........................................................................................4
 Environmental Sustainability......................................................................................4
3. Recommendation to Senior Manager.....................................................................................5
 Security........................................................................................................................5
 Environmental Sustainability......................................................................................5
 Tactical Acquisition.....................................................................................................6
 Tactical Profit..............................................................................................................6
4. Procurement Process Steps....................................................................................................6
5. Vendors..................................................................................................................................8
6. Quote or Bidding....................................................................................................................9
7. Conclusion............................................................................................................................10
References................................................................................................................................11

PROCUREMENT MANAGEMENT: AIR NEW ZEALAND LIMITED3
1. Introduction
Procurement management is essential for the firm to maintain a relationship with the
vendors who provide support to the firm with the help of goods and services during the
product life cycle. This type of management is essential for project management so that
planning can be done accordingly for temporary operations (Fleming, 2019). This will assist
the business firm to gain popularity in the market and to establish an effective and efficient
supply chain management for the company to flourish and to earn more from the
marketplace. Therefore, it is crucial for the firm or the organization to look after the matter so
as to provide better quality service and products to the consumers and help it to obtain
success in the process.
Air New Zealand Limited is a flag carrier airline which operates from New Zealand as
per the name suggest. The company is based in Auckland. The company provides domestic as
well as international flights within the Pacific Rim. The organization is one of the members
of the Star Alliance from the year 1999. Air New Zealand Limited began as the Tasman
Empire Airways limited in the initial days, and then they become the flagship company in
New Zealand for the flights, which showcase the graph of the company on the higher side
and which is vital for the company to flourish in the marketplace (Davies et al., 2017). This
would have been possible for the company as they possess effective procurement
management, which is beneficial for the expansion of the company in the process.
2. Strategic Importance
The procurement team of Air New Zealand Limited is the ones who are responsible
for the annual spending of the company in the procurement management so that they can
mutually benefit the suppliers as well as the customers in it. This is critical for the business