Teaching Responsibility
LJMU Schools involved in Delivery:
LJMU Partner Taught
Learning Methods
Lecture
Seminar
Module Offerings
5510YPCBSC-JAN-PAR
Aims
To develop a critical understanding of key concepts, theories and principles of procurement /purchasing, and to understand the strategic importance of the purchasing function in supporting a company’s overall goals and business strategy.
Learning Outcomes
1.
Evaluate the approaches to strategic sourcing and category management.
2.
Demonstrate the important aspects of performance improvement in purchasing and supply chain management.
3.
Analyse purchasing strategy options, and explain the contribution that effective purchasing management makes to corporate strategies.
4.
Recognise and apply risk management in purchasing and supply.
5.
Apply the key elements of procurement planning.
Module Content
Outline Syllabus:• Purchasing management's contribution to corporate objectives
• Strategic sourcing
• Category management
• Contract management
• Supplier performance management
• Risks management in purchasing/procurement
• Procurement planning and processes
Additional Information:This module will develop the students’ understanding of key concepts, theories and principles of procurement /purchasing, as part of the core modules taken in Level 4. It will enable the students to apply different concepts and best practices in procurement management, such as strategic sourcing, category management, performance and risk management approaches.
Assessments
Report