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Level 5 Diploma in Logistics and Supply Chain Management

Strategic and Operational Impact of Procurement on Logistics

LSC502 · Procurement and Inventory Management — Week 5 of 16

CourseLSC502
Week5 of 16
SemesterI
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This week’s topics

Strategic and Operational Impact of Procurement on Logistics

  1. Total cost of ownership (TCO)
  2. Supply continuity and risk mitigation
  3. Warehouse and transport capacity alignment
  4. Sustainability and ethical sourcing compliance
  5. #44 Supply Risk Management | Strategic Sourcing
  6. #22 Strategic Cost Management | Part 1 | Strategic Sourcing

What you will be able to do

  • 1.4 Assess the impact of procurement on the operations of a logistics business.
  • 2.3 Illustrate how a business incorporates procurement into its logistics and supply chain operations.

Activity

Start with this week’s 2 videos, then: Seminar, guided reading and a short written task: assess the impact of procurement on the operations of a logistics business.

Study materials

Videos

  • How to Source Products? Strategic Sourcing explained (Case studies of Walmart, Ikea and Zara) · YouTube · Marketing91 · 9 min · for registered students

Further resources

  • The Sourcing Playbook (UK Government Commercial Function) · PDF · GOV.UK, guidance; 78 pages · for registered students
  • Procurement in the Supply Chain World, ch.: Ethics, Social Responsibility and Sustainability · Reading · Other, textbook chapter; PDF pp. 125–132 · for registered students
  • Should Cost Modelling guidance note (UK Government Commercial Function) · PDF · GOV.UK, guidance; 24 pages · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
Week 4Week 6
Course chat

Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

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Course plan
  • Week 1: Foundations of Procurement and Purchasing
  • Week 2: Procurement Methods and Sourcing Strategies
  • Week 3: The End-to-End Procurement Process
  • Week 4: Procurement Management within the Supply Chain Context
  • Week 5: Strategic and Operational Impact of Procurement on Logistics
  • Week 6: Inventory Management and Inventory Control Fundamentals
  • Week 7: Inventory Management Methods and Replenishment Models
  • Midterm: Midterm evaluation
  • Week 9: Strategic Value and Role of Inventory in Supply Chains
  • Week 10: Supply Chain Factors Influencing Inventory Management
  • Week 11: Assessing the Impact of Inventory on Supply Chain Performan…
  • Week 12: Applying Procurement and Inventory Management in practice: …
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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