BUS20007 Procurement Management

Unit code: BUS20007

Duration: 1 Teaching Period

Contact hours: Recommended 8 hours of study per week

About this unit

This unit develops students' understanding of the purchasing process and help them in making buying decisions. By exploring the supply chain management process, students understand how purchasing decisions impact on logistics and operations management, and hence extend the range of references they may include in their decision making analysis when making purchasing decisions

Content

  • Organisational purchasing process and practices
  • Supplier selection processes
  • Maintaining relationship with suppliers
  • Importance of procurement in integrated supply chains
  • Factors influencing pricing
  • Importing goods and services, including the effect of currency fluctuations