Introduction
Maxup Industries and Bayerische Motoren Werke AG (BMW) are prominent players in the global automotive industry, each demonstrating a commitment to excellence and ethical business practices. Maxup Industries is a multinational manufacturer that develops, produces, and markets automobiles and auto components. Maxup Industries, a business in the automotive sector, understands the value of acting morally and adhering to the law and other regulations. The company has production bases in the United States since it is one of the largest vehicle markets in the world. North America, Europe/Russia, and Asia are just a few of the sub-regions and markets that make up the overall market for the firm. Maxup Industries is looking for a Top Ethics Officer to head up creating, directing, and promoting the company’s worldwide ethics and compliance department to ensure the business runs honestly and responsibly. Their job description includes a breakdown of their responsibilities and how they fit into the company structure. Developing technology and freshly created eco-friendly automobiles are leading the way as the company expands internationally. Bayerische Motoren Werke AG (BMW) is a world-leading automobile company. It is a German multinational automobile brand with a global presence. The BMW company was established in 1916 and has grown to become a leading automobile brand (Lewin, 2022). The company has over 30 assembly and production facilities and a global sales network (Lewin, 2022). BMW has production lines in Germany, India, Brazil, the Netherlands, China, the United States, South Africa, and the United Kingdom (Lewin, 2022). The company specializes in the manufacturing, selling, and distributing of premium motorcycles and automobiles. It is worth noting that BMW recognizes the importance of providing premium value to its clients and customers. The company prides itself in being a leading manufacturer of luxurious automobiles that offer clients premium value for their money. The BMW company acknowledges the need for a talented workforce to drive maximum value to bolster its competitiveness in the automobile industry (Lewin, 2022). The company is looking for a Top Procurement Officer to head up the purchase of finest quality materials and foster excellent supplier relationships to ensure smooth operations. This paper harmonizes the corporate ethics officer job description and the procurement officer job description in the automotive industry.
Corporate Ethics Officer Job Description in the Automotive Industry
Corporate ethics officers at Max Up Industries are essential in ensuring businesses behave responsibly and ethically. They are compliance experts who assess a company’s adherence to ethics and conduct regulations. A corporate ethics officer creates and distributes statements, policies, and acknowledgements promoting business ethics. One of the things they do is evaluate the ethics and legality of a company’s internal rules and procedures. Corporate ethics officers are responsible for establishing mechanisms to detect and address ethical concerns inside an organization. This may include creating channels for reporting ethical problems, adopting internal controls to monitor and enforce ethical behaviour, and conducting training programs to educate staff on ethical behaviour.
They also ensure that the business follows a code of conduct outlining the organization’s commitment to moral behaviour (Business Faculty from Ontario Colleges, 2018). The position of Corporate Ethics Officers is not only morally necessary but also a wise commercial move. Trustworthy businesses are better at maintaining a good reputation and avoiding potential legal and financial risks from unethical behaviour. Organizations prioritizing ethical behaviour and social responsibility are better at attracting and keeping customers, talented employees, and capital. Corporate Ethics Officers are accountable for helping to increase workplace diversity. They check that the firm does not favour one group over another based on race or ethnicity in its rules and procedures. They also check sure the company’s actions are consistent with its values.
Procurement Officer Job Description in the Automotive Industry
Senior Procurement Officers at BMW AG play an important role in purchasing and supply chain management. The automotive industry involves the coordination of suppliers and manufacturers to ensure the production and delivery of vehicles and their parts (Schiele, 2019). Vendors are involved in the vendor selection process. This involves finding, reviewing and selecting products. In this way, they evaluate the supplier’s capability, including reliability, quality, price, and ability to fulfill orders. It is important to choose reliable suppliers for the quality and safety of important products in the automotive industry (Schiele, 2019). Sales representatives also negotiate contracts and terms with some vendors. This may include negotiating delivery times, quality standards, discounts and payment terms. BMW will likely save money and get better points from a successful negotiation. The company’s purchasing staff contributes to quality assurance by working closely with suppliers to set quality standards and ensure they are adhered to. They may also conduct supplier audits to verify compliance with set quality standards. The automobile industry is susceptible to numerous risks, such as economic fluctuations and supply chain disruptions. The role of the procurement can involve identifying and mitigating these risks through measures such as supplier diversification and contingency planning (Schiele, 2019). The procurement officers are expected to assess and improve their procurement processes continuously. For example, they should look for new ways to reduce costs, improve efficiency, and enhance the supply chain.
The position of Top Procurement Officers in the automotive industry is necessary for strategic business success. Studies show that automobile organizations that embrace strategic procurement decision-making leverage resource utilization for positive business outcomes (Xiong et al., 2023). More precisely, such organizations can reduce operational costs, streamline internal business processes, and maintain excellent supplier relationships (Xiong et al., 2023). The BMW Group acknowledges the importance of securing and retaining talented Procurement Officers. The company recognizes that procurement decisions help influence the value it creates for its shareholders and customers. This is reflected in its company website’s description of strategic purchases’ importance. The company requires its procurement expert teams to take measures to source “the finest quality materials and services” to “meet the uncompromising standards” of its products (BMW Group, Purchasing Jobs, n.d.). The BMW Group also requires its procurement teams to foster excellent supplier relationships to ensure “efficient, cost-effective, and sustainable supply chain solutions” (BMW Group, Purchasing Jobs, n.d.). Talented Procurement Officers can help organizations in the automotive industry build competitive advantages. Top Procurement Officers design operational systems that support collaborative approaches to resource utilization (Xiang et al., 2023). Such systems help maximize efficiencies, lowering production and operational expenses for improved profitability (Xiang et al., 2023). From this perspective, organizations in the automobile industry should invest in securing and maintaining competent procurement teams. Organizations that invest in competent procurement officers can leverage the sourcing of supplies for improved business outcomes.
Conclusion
In conclusion, Max Up Industries has expanded tremendously in the last ten years. Considering the worldwide standard and function of corporate ethics officers is crucial when at Max Up Industries. Advances in technology and newly created eco-friendly automobiles are driving the company’s worldwide evolution. Corporate ethics officers are essential in ensuring businesses conduct themselves ethically and responsibly. They create and distribute business ethical declarations, policies, and supplementary paperwork/acknowledgements. In addition to ensuring that the business abides by a code of conduct that states the organization’s commitment to ethical behaviour, they develop methods to recognize and handle ethical challenges. Additionally, they help to diversify the workforce and guarantee that the company’s actions are morally sound and reflect its core principles.
On the other hand, BMW remains the dominant player in the automotive industry. They are committed to the pursuit of excellence and the adoption of innovative ideas required in the automotive industry. Sales personnel within the BMW organization also contribute to the company’s success. His responsibilities include the timely completion of quality materials, including the products and services needed to produce BMW automobiles in the world. Their duties also include negotiating supplier price selection and quality assurance, which can lead to better terms for the company. They are important in helping companies gain a competitive advantage in the market. This is achieved by controlling costs, ensuring product quality and making the company flexible to changing business conditions and industry advancement. Likewise, BMW is committed to good practices and ethics; This is a fact that makes the company stand out in the automotive industry. Their commitment to accountability, procurement and environmental management reflects the values that authorities hold dear.
References
BMW Group. (n.d.). Real quality begins at the source. https://www.bmwgroup.jobs/us/en/jobfields/purchasing.html
Business Faculty from Ontario Colleges. (2018, June 1). Ethics and social responsibility. Pressbooks. https://ecampusontario.pressbooks.pub/businessfuncdn/chapter/ethics-and-social-responsibility/
International Trade Administration. (2022, September 23). Mexico – Automotive industry. International Trade Administration | Trade.gov. https://www.trade.gov/country-commercial-guides/mexico-automotive-industry
Lewin, T. (2022). The BMW Century. Motorbooks International.
Schiele, H. (2019). Purchasing and supply management. Operations, logistics and supply chain management, pp. 45–73.
Tarver, E. (2023). Corporate Culture Definition, Characteristics, and Importance. Investopedia. https://www.investopedia.com/terms/c/corporate-culture.asp
Xiong, Z., Zhu, H., Liu, D., & Xian, J. (2023, May). Industrial Chain Data Evaluation in Automobile Parts Procurement via Group Multirole Assignment. In 2023 26th International Conference on Computer Supported Cooperative Work in Design (CSCWD) (pp. 1049–1054). IEEE.
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