Purchasing, Logistics and Supply Chain Management Diploma
This Module is an excellent entry to Procurement, Logistics and Supply Chain Management. It will provide all the basic information and practical examples to insure the student receives worthwhile education and insights of value to the student and their respective organisations.
Procurement is a pro-active, strategic corporate activity to ensure a continuing supply of goods and services to enable world-class organisational performance. To fully understand procurement’s unique ability to affect not only an organisation’s financial statement but also its competitive position in a changing, dynamic and intensely competitive global market-place, this section introduces and explains the basic role and nature of procurement. In this section the aims are to provide an understanding of: • The roles and scope of procurement within the organisation • The evolutionary journey – from purchasing to procurement • Key demands and influencers affecting procurement
Procurement is increasingly considered within the wider context of supply chains. Logistics, however, is a much older term. This section begins with a consideration of Logistics. We then define ‘supply chain’ and ‘supply chain management’ (SCM) and examine the processes contained therein. In this section the aims are to provide an understanding of: • Materials, logistics and distribution management • Supply chains: definitions and types • Supply Chain Management (SCM): philosophy, activities, processes • Value chain models’ analysis • Objectives of supply chain optimisation
This section is concerned with providing an understanding of procurement-supplier relationship from the perspectives of both theory and practice. A critical study of such relationships will demonstrate the opportunities for buyer and seller when genuine long-term relationships can be established. In this section the aims are to provide an understanding of: • Supply chains and relationship with procurement • Collaborative business relationships • Supplier relationship models • Practical consideration and benefit assessment