Abstract:
The procurement aspect in a business is of great importance so as to determine the overall productivity of the business. The reason to research comprehensively on this specific company is that it basically targets young generation as their customers and secondly we believe that this research and its findings will open new doors of opportunities for new emerging similar brands in this highly competitive market. The content of the report is carefully extracted though physical interviews with the company officials, via online platforms and research articles on the specific food industry. The report is an attempt to identify the impact of procurement on productivity at AP Chicken. Furthermore, it elucidates the problems in procurement at AP Chicken and presents reasonable solutions to the potential problems through careful literature reviews of articles of companies well reputed and established across the world. The procurement process involves a number of key aspects that determine its efficiency from supplier selection to manufacturing a certain finished good. The incorporation of strategic sourcing whereby selection and identification of the key suppliers, incorporation of technology usage with reference to setting a standard in the procurement processes with the help of soft wares. Compliance with government standards to enhance procurement practices within the company with continuous adaptation of better quality standards will play a critical role in putting the company on the right track of productivity. The aspects need to be dealt with precision in order to yield positive results for the company. The key problem areas are identified and elaborated in detail whereby the solution to the potential problems is answered through prompt reviews and researches of articles. The conclusive inference comprehensively answers and solidifies the statement “Procurement is a key aspect to determine the overall productivity of the business
