Supply Chain Management, How can the Procurement Strategic Planning for Nam Theun 2 Power Company Limited (NTPC) benefit the company?

Supply Chain Management, How can the Procurement Strategic Planning for Nam Theun 2 Power Company Limited (NTPC) benefit the company?

Describe the topic(s) or issue(s) you wish to investigate for your Dissertation.
These must relate to the subjects that comprise your programme of study, and must clearly indicate what your aims /objectives / research questions will be:

Lao PDR is one of the developing countries. Due to the country’s location, this landlock country has a capacity to build many dams across the country. Nam Theun 2 Power Company Limited (“Company”) is one of the biggest dams in Lao PDR that has commenced its operation since 2009. The research will focus on the benefits of a well-planned procurement strategy considering that 95% of purchased goods are imported.

The Company is a privilege company which the Government has granted VAT Exemption and allow it to create a procurement plan to avoid importation duty tax. However, the Company has spent a huge money every year due to a lack of procurement planning.

The main importance of this research aims the Company (a). to reap the benefit that it can get from it such the accuracy of goods, quality, delivery on time, etc., (b). to know how much the Company can save money from a well-planned procurement strategy.

On other hand, this research will aim to identify the impact of unplanned procurement that the Company may face such as payment of fine, increased of logistic cost, increased of goods cost, high labor cost, etc.,

To accomplish the aim, the research questionnaires will be developed as follow:
1. What happens when goods are lately delivered at place when needed?
2. How procurement can help on your department expenditure/budget?
3. How much savings can you think you can get when there is well-planned procurement strategy??
4. How important of cooperation between the branches/departments?
5. How Important is a “Master List”?
6. What is the best practice of inventory management?
7. What is the gaps between branches/departments cooperation?
8. What significant method to help your procurement planning?
These are all objectives. The research question concerns application, what will the results of the applied research be used for/applied to?

What facts or information will you need to gather? How will you access these?:

The information that needs to gather is the expenditure on yearly unplanned purchasing, every year payment of importation tax, the delay of goods delivered. That information can be accessed by POs, master list and payment information.

To which subject area(s) is this proposal – in your view – most strongly related?:

Risk management, operation management, procurement management, strategy management, inventory management

It needs a literature review, and do ensure that you use the Harvard system in constructing the bibliography and referencing. This is your platform of understanding for the work to come, so it needs to be as thorough as possible
DO PAY ATTENTION TO THE BRIEF IN THE COURSE MATERIALS AS TO THE STRUCTURE AND FORMAT OF THE FINAL PROPOSAL
What is needed?
Introduction
Research Question
Literature review
Methodology – why selected, how it will answer the question as asked, what access to people/organisations is required, and is access guaranteed.
Foreseen limitations
Research schedule/Timeline
Bibliography
You need to think of what the methodology will be before considering resources needed