Marked exam answers with assessor feedback

Question 1: Discuss FOUR criteria that GFATM might apply when awarding the contracts to suppliers
(20 marks)
Sample answer:
Award of contracts is made to suppliers when the ‘best’ option,
value or price had been determined. Each supplier would be
assessed on their suitability, acceptability and capability, that
they can bring to the requirement at that time and potentially
moving forward with later procurement or requirements.
Award criteria needs to cover both technical and commercial
criteria. Technical is that the supplier has the knowledge, skills,
expertise to deliver the contract. Commercial criteria is that the
supplier has the financial status, innovation and ‘best’ solution to
deliver the contract.
Assessor comments:
A good, but lengthy, introduction. It
contextualises the answer, but it doesn't
contribute anything to the answer and no marks
can be awarded for it at this stage. The body of
the answer duplicates some of this content.
No specific marks are given for the introduction
but it does demonstrate some understanding of
the subject matter.
The case study refers to GFATM wishing to reduce supply chain
bottlenecks and shortages. To achieve this they could use the
Kraljic matrix to help them visualise which products are in which
quarter and what they can do to improve where possible.
The Kraljic matrix rates how complex the supply chain is with
how important the item is to the organisation so that a plan can
be devised regarding the amount of time, effort and resource is
dedicated to the purchase type.
Complexity of supply chain
Low
High
Importance of item
High
Low
Non-critical
items
Strategic items
Partnering
Bottleneck
items
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