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Level 5 Diploma in Logistics and Supply Chain Management

Assignment workshop: research, planning and referencing

LSC502 · Procurement and Inventory Management — Week 13 of 16

CourseLSC502
Week13 of 16
SemesterI
TutorOnline in the course chat

This week’s topics

Assignment workshop: research, planning and referencing

  1. Unpacking the assignment brief and criteria
  2. Finding and evaluating sources
  3. Planning and referencing

What you will be able to do

  • 1.1 Differentiate between procurement and purchasing.
  • 1.2 Describe a procurement management cycle.
  • 1.3 Compare different methods of procurement.
  • 1.4 Assess the impact of procurement on the operations of a logistics business.
  • 2.1 Describe a procurement process.
  • 2.2 Differentiate between procurement management and supply chain management.
  • 2.3 Illustrate how a business incorporates procurement into its logistics and supply chain operations.
  • 3.1 Differentiate between inventory management and inventory control.
  • 3.2 Describe an inventory management cycle.
  • 3.3 Compare different methods of inventory management.
  • 3.4 Discuss the importance of inventory management to a business and its supply chain.
  • 4.1 Explain how inventory management forms part of the supply chain.
  • 4.2 Explain how the supply chain affects inventory management.
  • 4.3 Assess the impact of inventory management on the supply chain of a business.

Activity

Plan the unit assignment against every criterion; source and reference the evidence.

Study materials

Further resources

  • Harvard Referencing quick guide 2025 (York St John University) · PDF · Other, report · for registered students
  • Writing for Success, ch. 8.1–8.3: Prewriting, outlining and drafting · PDF · Saylor Academy, textbook chapter; pp. 281–318 · for registered students
  • Evaluating Information: Applying the CRAAP Test · PDF · Other, report · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
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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