Assessment 1A: Critical Review of Procurement Strategy in Melbourne

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Assessment 1A: Critical Review Report
Executive summary of the report:
The paper mainly reviews a number of journal articles in order to identify the benefits of procurement
strategy in context to large projects in Melbourne, Australia. Procurement strategy is defined as one of the
procedures for acquisition of materials, supplies as well as services that a company or project generally
requires for successfully operating the project. The paper elaborates on the biomass procurement strategy
for achieving economic success. It is analyzed procurement costs accounting are nearly around 50% of the
cost and therefore the present biomass supply chain as well as procurement operations can be successfully
improved for minimizing the procurement costs.
Proposed research topic
The research topic is “identification of the benefits of procurement strategy in the context of large projects
in Melbourne, Australia.
Summary of the main identified scholarly article relevant to the topic:
[1] Article citation
Melendez, J. and Stuart, P.R., 2018. Systematic assessment of triticalebased biorefinery strategies: a
biomass procurement strategy for economic success. Biofuels, Bioproducts and Biorefining, 12,
pp.S21-S34.
https://onlinelibrary.wiley.com/doi/pdf/10.1002/bbb.1568
A. Provide the annotation
[2] Introduction
Melendez and Stuart (2018) explores that an economical supply related to the biomass feedstock is
considered as one of the significant parts for any biorefinery project. It is found that in context to the
procurement costs that is associated with accounting are considered as around 50% of the operating
costs as the present biomass as well as procurement related operations are helps in reducing the costs
of procurement. It is found that strategic negotiations are generally required between the farmer as
well as the end user where parties generally get the benefit. In addition to this, the study helps in
examining the procurement related supply chain for triticale and assist in processing a proper
financial model that will be helpful in providing proper satisfaction to the end user as well as to the
producers.
[3] Aims, research questions & Research Methods
The main aim of the paper is to undertake systematic assessment of triticale-based biorefinery
strategies that is the proper use of biomass procurement strategy in order to achieve economic
success.
The research questions are listed below:
What are the advantages that is achieved by utilizing procurement
strategy?
How procurement costs can be reduced by improving the procurement
related operations?
How the financial model that is linked with procurement strategy will
satisfy the producer as well as the end user?
It is found that in this paper qualitative research method is mainly utilized in order to analyze the
importance of the procurement strategy for gaining economic success within the project of
Melbourne. It is found that the employees as well as senior head of the project are interviewed and a
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survey was conducted in order to gather information related with the procurement strategy.
[4] Scope
The scope of the project mainly includes reviewing a number of articles as well as scholarly papers in
order to analyze the importance of procurement strategy for larger projects in Melbourne.
[5] Usefulness [to a particular topic)
The topic procurement strategy is mainly created with the help of relatively simple procedure and
they are generally helpful for a number of reasons that are listed below:
Analyzing the present situation of the entire organization:
Finding out the areas that requires improvement
Helps in developing proper action plan in order to achieve the objectives related with
procurement
Maps out different initiatives that needs to be addressed in the forthcoming years
Helps in setting proper framework as per which the entire procurement related policies as well
as procedures can be utilized.
[6] Limitations
It is identified that the biomass related losses are very much for proper harvesting of the straw
because of a number of reasons that are mainly elaborated in the mass balance-based calculation that
assists in uncut the biomass that is found left on the entire field due to a lot of mechanical, limitations
in the machinery.
[7] Conclusions
The main goal of the entire research is to successfully identify proper financial model in context to
the delivery of triticale feedstock which is considered to be biorefinery which helps in making sure
that farming generally assists in the proper participation within the entire value chain as the
biorefinery do not have appropriate source of feedstock that generally remains competitive for very
much longer period of time. In addition to this, biorefinery proponent generally helps in offering
around 20 percent of the profit as the producer can expect the farming of wheat. As per the
discussion, it is identified that this particular strategy is helpful for both the parties.
[8] Reflection
While reviewing this particular article, I have found that Biorefining mainly refers to the proper
production of a variety of power, fuels as well as chemicals from the biomass. I have also analyzed
that proper steps for the improvement of the current procurement as well as biomass operations is
further beneficial in reducing the procurement costs. In addition to this, it is identified by me that
biomass-based procurement is considered to be an alternative option for the producers as it assists in
providing proper basis for cost-completive based supply.
B. Evaluate the credibility of the article
The journal that was selected was peer reviewed
The reputation of the editorial board of the journal is quite high
C. Explain how did you locate and download the article
The article is located with the help of the keywords including procurement strategy, benefits, and
Melbourne.
Summary of a relevant article cited by the main article
Article citation
Ilhan, N. and Rahim, M.M., 2017. Benefits of e-procurement systems implementation: Experience of an
Australian municipal council. In Digital Governance and E-Government Principles Applied to Public
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Procurement (pp. 249-266). IGI Global.
https://www.researchgate.net/publication/314284107_Benefits_of_E-
Procurement_Systems_Implementation_Experience_of_an_Australian_Municipal_Council
A. Evaluate the credibility of the article
The article is peer reviewed
The reputation of the editorial board of the journal is quite high
B. Explain how did you locate the article
The article is located with the help of the keywords including procurement strategy as well as
benefits.
C. Provide the brief annotation
The procurement systems are mainly used within the e-business based literature that helps in
claiming that the business mainly experiences three different types of benefits that include
operational, strategic as well as tactical in implementation of this types of system. Within the public
sector, procurement is properly implemented with the help of the government agencies that are
expected for experiencing different types of benefits. There are very much limited studies that helps
in reflecting on the benefits of procurement and procurement strategy. The findings help in suggesting
that the experience of the council is limited for the attainment of different types of tactical as well as
operational benefits with no evidence about getting different types of strategic benefits. Moreover,
there are a number of factors that are helpful in influencing such benefits.
Summary of a relevant article citing the main article
Article citation
Kakwezi, P. and Nyeko, S., 2019. Procurement processes and performance: Efficiency and
effectiveness of the procurement function. International Journal of Social Sciences Management and
Entrepreneurship (IJSSME), 3(1).
https://www.researchgate.net/publication/228504902_PROCUREMENT_PROCESSES_AND_PERF
ORMANCE_EFFICIENCY_AND_EFFECTIVENESS_OF_THE_PROCUREMENT_FUNCTION
A. Evaluate the credibility of the article
The article is peer reviewed
The reputation of the editorial board of the journal is quite high
B. Explain how did you locate the article
The article is located with the help of the keywords including procurement strategy as well as
Procurement processes.
C. Provide the brief annotation
It is found that the procurement performance is attracting the attention from partitioners, researchers as
well as academicians due to improper performance that results in the non-adherence to different types of
procedures as well ads processes. The articles mainly aim at identification of financial as well as non-
financial measures that helps in improving performance of the entire procurement function. The literature
helps in suggesting the efficiency of procurement. It is concluded from the paper that different types pf
financial as well as non-financial measures are helpful in measuring the procurement performance and
procedure.
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A preliminary research gap or statement of the research problem
The main research gap is that proper information about how the procurement strategy works for
gaining financial business is not elaborated in detail. Due to insufficient information about the entire
procedure that is followed by procurement strategy, it is quite difficult to use it in the projects for
gaining economic success.
A screenshot of Turnitin similarity report:
A critical reflection of your learning experience
I have undertaken the entire critical review in order to analyze the benefits of procurement strategy
within a large project in Melbourne, Australia. For this, I have reviewed a number of papers as well as
journal articles that provides proper information as source on the basis of which the entire review on
the topic is done. After review, it is analyzed by me that procurement strategy is a procedure that
helps in acquisition of materials, services as well as different types of supplies which is needed within
a project for executing the project successfully. I have got the experience of reviewing journal articles
and how analysis can be done on the basis of review. Additionally, different other websites are also
used for gaining knowledge about the topic. Moreover, proper consultation is achieved after getting
help from tutors, peers as well as different sources of Moodle.
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