Procurement and Supply Chain Management

6 reviews
Enrolled: 289 students
Duration: 10 Weeks, 150 Hours
Lectures: 10
Level: Advanced

The procurement profession continues to rise to national and international challenges, whilst at the same time contemplating its role in corporate affairs. The private sector requires a competitive edge to survive, the public sector requires to be cost-effective and deliver quality services. The procurement and supply chain profession is in a unique position to help deliver these ideals.

This course reflects the emphasis of the Chattered Institute of Procurement and Supply (CIPS) education syllabus and modern world-class practice. There are innovative inputs, including contractual issues and hot topics, contract management, and category management. The course content is well informed by the latest research and real-life consultancy experiences in the private and public sectors. This course provides an understanding of the procurement–supplier relationship from the perspective of both theory and practice. Critical scrutiny of the history of such relationships will demonstrate the opportunities for buyer and seller when genuine long-term relationships can be established.

This course aims to be informative, challenging, thought-provoking, and a stimulus for further learning. Case studies are offered at the end of each unit along with examination questions drawn from the CIPS repository that will assist you to test your learning in a structured manner. The discussion forum will engage you with practitioners as well as learners at different levels of their careers and will bring forth a variety of perspectives and ideas to learn from.

Curriculum for Procurement and Supply Chain Management

1. The scope and influence of procurement
2. Strategic procurement
3. Logistics and supply chain
4. Organizational and supply chain structures
5. Procurement policies, procedures, and support tools
6. Supplier relationships and partnering
7. Legal and contractual management
8. Quality management, service, and product innovation
9. Matching supply with demand
10. Sourcing, supplier selection, and performance management
11. Purchase price management and long-term cost-in-use.

1. The Scope and Influence of Procurement

Introduction, How to define procurement, Strategic roles of procurement, Procurement as organisa-tional buying, The evolution of purchasing through to procurement, Procurement and change, World-class procurement, The status of procurement and supply management (PSM), 1.8 Reflec-tions on procurement positioning in business.

2. Strategic Procurement

Key Ideas, Introduction, Strategic Thinking, what is Strategy? Strategy Development, Levels of Or-ganisational Strategy, Corporate Strategy, Growth Strategies, Business-Level Strategy, Strategic Management, Strategic Analysis, Important Environmental Factors, Internal Scrutiny, Strategy For-mulation, The Evaluation of Alternative Strategies, Strategy Implementation, Post-Implementation Evaluation, Control and Review, Strategic Procurement and Supply Chain Process Models

3. Logistics and Supply Chain

Chain Key Ideas, Introduction, What Is Logistics? Materials, Logistics and Distribution Management, Reverse Logistics, Supply Chains, Supply Chain Management (SCM), Supply Chain Vulnerability, SCM And Logistics, Value Chains, Value Chain Analysis, Supply Chain Optimisation, Supply Chains and Procurement

4. Organizational and Supply Chain Structures

Key Ideas, Introduction, Organisational Structures, New Type Organisations, Networks, Factors in Configurations, Lean Organisations, Agile Organisations And Production, Supply And Value Chain Mapping, Types Of Change, Centralised Procurement, Decentralised Procurement, Cross-Functional Procurement

5. Procurement Policies - Procedures and Support Tools

Key Ideas, Introduction, Exemplar Procurement Policy – The Crossrail Project, Procurement Proce-dures, Analysing A Procurement Process, E-Commerce, E-Business, E-SCM and E-Procurement, The Evolution Of E-Procurement Models, Electronic Data Interchange (EDI), E-Hubs, Exchanges, Portals and Marketplaces, E-Payment, Low-Value Purchases, Procurement and Supplier Manuals

6. Supplier Relationships and Partnering

Key Ideas, Introduction, Relationship Procurement and Procurement Relationships, The Contrast Between Transactional and Relationship Procurement, Taking Account of Contractual Requirements, Collaborative Business Relationships, Relationship Formation, Models of Supplier Relationships, Practical Considerations of Supplier Relationship Management, The Termination of Relationships, Relationship Breakdown on An IT Project, Further Aspects of Relationships

7. Legal and Contractual Management

Key Ideas, The Procurement Specialist and Contract Law, Offer and Acceptance, Acceptance, Con-tracts for The Sale of Goods, Contract for The Supply Of Services, Consideration, Capacity To Con-tract, Drafting The Detail Of Contract Clauses, Misrepresentation, The Right To Terminate A Con-tract, Hot Topics, Standard Forms Of Contract

8. Quality Management -Service And Product Innovation

Key Ideas, What Is Quality? Quality Systems, The Importance Of TQM, Specifications, Alternatives to Individual Specifications, Standardisation, Variety Reduction, Quality Assurance and Quality Control, Tests for Quality Control and Reliability, The Cost Of Quality, Value Management, Engineering And Analysis

9. Sourcing - Supplier Selection And Performance Management

Key Ideas, What Is Sourcing? The Strategic Sourcing Process, Sourcing Information, Analysis of Market Conditions, Directives, E-Sourcing, Locating Suppliers, Supplier Assessment, Supplier Approval, Evaluating Supplier Performance, Policy Issues in Sourcing, The Supplier Base, Outsourcing, Benefits of Outsourcing, Problems Of Outsourcing, Handling An Outsourcing Project, Sub-Contracting, Partnering, Intellectual Property Rights And Secrecy, Local Suppliers, Sourcing Decisions, Factors In Deciding Where to Buy

10. Purchase Price Management and Long-Term Cost-In-Use

Key Ideas, What Is Price? Strategic Pricing – An Introduction, The Buyer’s Role in Managing Purchase Prices, Supplier Pricing Decisions, The Supplier’s Choice Of Pricing Strategy, Price And Cost Analysis, Competition Legislation, Collusive Tendering, Price Variation Formulae
Textbooks can be expensive costing between £50 - £150 for some courses. They are also difficult to get delivered to some locations in the world, especially in Africa. We have taken this into account and will provide you with all the textbooks and reading material for all of our courses
No, there are no prerequisites for this course.
Yes, You can. On the payment page, select wire transfer and select the account details next to the currency you wish to pay. Work out the equivalent amount published on and make the payment. For example, On the 7th of September 2021, the Nigerian Naira to the British Pound was £1 - N745. You may choose to contact for an invoice payable at designated branches.
This course is now fully subscribed. Next entry date would be 4th of April 2022. Please email to reserve a slot before that date. Payments will commence 45 days prior to the start date and will close 15 days before or once fully subscribed, whichever comes first.
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