Review and coursework completion

This week’s topics

Review and coursework completion

1. Reviewing the learning outcomes
2. Completing and checking coursework against the criteria
3. Self-assessment

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

Guided review of every criterion; coursework completion clinic and peer review.

Study materials