Procurement Management
Duration: 1 Teaching Period
Unit Code: SCM20002
Contact Hours: Recommended 10 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.