This week’s topics
Final assessment and submission
- Final coursework submission
- Assessment against all criteria
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
Final assessment week: submission of the unit assignment.
Study materials
The teaching notes, exercises and videos of this week are in the student portal. Your portal is set up as soon as you receive final acceptance, so you can open them before the semester starts.