This module focuses on the development, evaluation, and implementation of purchasing principles in the supply chain environment. Students should develop intellectual competencies and practical skills in the range of decisions implicit in planning and implementing purchasing decisions in the logistics environment. Upon the successful completion of this module a student will possess fundamental knowledge on how purchasing can contribute to value creation in supply chain.
What You Will Learn (Learning Outcomes)
Upon completion of this module, students will understand purchasing services, global supply management, and the competitive factors influencing procurement decisions. They will analyse product pricing and conduct cost analysis to support effective purchasing and cost management. Students will develop negotiation skills, including building and managing teams to achieve favourable purchasing outcomes. They will also apply ethical and professional standards to promote transparency, accountability, and integrity in procurement and supply chain management.
Entry Requirements
Assessment & Certification
• Assignment 1 = 70%
• Assignment 2 = 30%
• Examination per module counts 70% of the final module mark.
• Open Learning Group (OLG)
Career Opportunities
• Purchasing Officer
• Procurement Specialist
• Purchasing and Contracts Negotiator
