As a purchasing agent employed at Grocery24, a nearby supermarket, you are tasked with making sure…

As a purchasing agent employed at Grocery24, a nearby supermarket, you are tasked with making sure that food procurement is carried out appropriately. Because of the case issue, there are doubts, and you have to be sure that suppliers have better quality control than PepsiCo/Sasko, the supermarket’s sole bread supplier. The retailer is currently looking for methods to enhance its procurement procedures in order to stop future occurrences of this kind. The goal of your manager is to comprehend how procurement affects the organization as a whole. Grocery24 is thinking of starting a new internal bakery. Chris, one of your coworkers, has always been determined to purchase and outsource baking in the future. He now knows that when outsourcing takes place, there are risks associated with the agency, such as contractual, technical, commercial, and performance risks. Analyze the potential effects of these risks in the setting of a small grocery shop like Grocery24 and suggest ways that Grocery24 can reduce them (this is an application-based question, and your solution should clearly refer to the scenario supplied).