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Essay from the year 2019 in the subject Business economics - Supply, Production, Logistics, grade: 62, University of Salford, language: English, abstract: This paper evaluates the relationship and the supply chain between a UK organization importing food and a Greek organization exporting food. The economic risks, issues of sustainability, environmental problems and scarcity of raw materials will be discussed regarding the concept of a procurement management network. The main question is how such a network can be managed on a global scale, while looking at possible risks and case studies dealing with specific parts of the subject. The paper is structured linearly to give a clear representation of the important aspects of procurement and supplier relationship management (SRM). The important aspects will be assessed individually with a focus on how a sustainable relationship can be built considering that the economic situation could change rapidly in a cross-border relation. Firstly, it is essential to look at the SRM as a basis of the process of procurement. This is followed by an assessment of how the authorities should be involved and how a contractual concept can support a supply chain relation network. Furthermore, possible economic risks will be taken into consideration. These economic risks are in juxtaposition to a potential scarcity of raw materials and the difficulties that international trade has to deal with in order to show responsibility for an increasing environmental threat. Finally, it will be discussed, how sustainability can be ensured. All of those various aspects of procurement management will be supported by case studies.
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