Purchasing and Supply Management

Learning Outcomes

Knowledge and Understanding

Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:

• the principles and practices of purchasing and supply management;
• the underlying principles in organisation structure, law and negotiation and their application to strategy and operations;
• the effects of the Make or Buy option.

Subject Specific Intellectual and Research Skills

Having successfully completed this module you will be able to:

• undertake critical analysis of supply management situations;
• evaluate the cost benefit of cooperation and competition in business transactions;
• differentiate strategic and operational purchasing decisions and the factors to be managed in both situations.

Transferable and Generic Skills

Having successfully completed this module you will be able to:

• utilise oral and written communication.
• analyse the appropriateness of decision making methods;
• structure and solve problems;

Purchasing Principles and Processes in Context

• Overview of supply strategy;
• Theories of Inter-organisational Management;
• Links between policy, strategy and operation.

Role and position of Purchasing

• Organisational position, structure and resources for Strategic Purchasing and Supply;
• Intra-organisational relationships;
• Role of technology and e-commerce;
• Organisational structure for global operation.

Processes

• Contract law;
• Negotiation principles and practice;
• Purchasing as a cluster of interdependent processes;
• What processes are ‘done or bought’;
• Sourcing options including introduction to out-sourcing strategies/agents;
• Linking processes to strategy and the global context.

Supply Relationships, Chains and Networks

• Established interpretations of levels of supply management;
• Portfolios of relationships and their management.

Power and collaboration

• Role and position of power;
• Approaches which recognise power dimensions and strategies.

Performance Assessment Approaches

• The basics of performance measurement, in this context;
• Supplier assessment techniques;
• Relationship assessment and evaluation;
• Supply development strategies;
• Linking development to supplier relationship management.

Teaching and learning methods

Learning activities include:

• Lectures, a part of which are to be delivered by external consultants and other experts to bring practice into balance with theory
• Use of on-line materials
• An individual assignment reflecting on the lessons learned
• In-class case study/problem solving activities
• Private study

Resources & Reading list

Textbooks

Macbeth, D. K. (2012). Contract Lifecycle Management. http://bookboon.com/en/business-ebooks/management-ebooks/contract-lifecycle-management.

Monczka, R, Trent, R & Handfield, R (2005). Purchasing and Supply Chain Management. Thomson, South-Western.

Cousins, P D., Lamming R C, Lawson B, Squire, B. (2008). Strategic Supply Management: Theories, Concepts and Practice. Pearson Education.

Cox, A., Sanderson, J. and Watson, G. (2000). Power Regimes. Earlsgate Press.

Ford, D., Gadde, L-E., Hakansson, H and Snehota, I. (2011). Managing Business Relationships. Chichester: Wiley.

Van Weele A J (2014). Purchasing and Supply Chain Management. London: Cengage Learning.

Griffiths M and Griffiths (2002). Law for Purchasing and Supply. Harlow: FT Pearson.

Rhodes, E., Warren, J. P. & Carter, R. (Eds) (2006). Supply Chains and Total Product Systems. Oxford: Blackwell.

Hines T (2013). Supply Chain Strategies: Demand-Driven and Customer-Focused. Oxford: Butterworth-Heinemann.

Gadde, L-E., Hakansson, H and Persson, G. (2010). Supply Network Strategies. Chichester: Wiley.

Hughes J, Ralf M and Michels B (1998). Transform Your Supply Chain. London: Thomson Business Press.

Formative

Formative assessment description

Summative

Summative assessment description

Referral

Referral assessment description

Repeat

Repeat assessment description

Repeat Information

Repeat type: Internal & External