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Level 6 Diploma in Logistics and Supply Chain Management

Corporate Strategy and Procurement Strategic Alignment

LSC605 · Strategic Procurement — Week 6 of 16

CourseLSC605
Week6 of 16
SemesterII
TutorOnline in the course chat

This week’s topics

Corporate Strategy and Procurement Strategic Alignment

  1. Strategic fit with Porter's generic competitive strategies
  2. Corporate mission alignment and value chain analysis
  3. Resource-based view (RBV) in procurement strategy
  4. Long-term strategic sourcing roadmaps
  5. Resource Based View | SCMT 4653
  6. #16 Developing Supply Strategy | Part 1 | Strategic Sourcing

What you will be able to do

  • 3.1 Asses corporate strategies and strategic procurement in strategic procurement in business management.

Activity

Start with this week’s 2 videos, then: Seminar, guided reading and a short written task: asses corporate strategies and strategic procurement in strategic procurement in business management.

Study materials

Videos

  • Resource Based View | SCMT 4653 · YouTube · Walton College Supply Chain Management · 9 min · for registered students
  • Assessing Strategic Fit | SCMT 4653 · YouTube · Walton College Supply Chain Management · 8 min · for registered students
  • CIMA E3 Value chains, value networks and supply chain management · YouTube · OpenTuition · 18 min · for registered students
  • What is Resource-Based View (RBV)? | From A Business Professor · YouTube · Business School 101 · 8 min · for registered students
  • Porter's Value Chain Analysis Explained | How Businesses Create Competitive Advantage · YouTube · Mister Simplify · 13 min · for registered students
  • What is Strategy? | SCMT 4653 · YouTube · Walton College Supply Chain Management · 8 min · for registered students
  • Porter's Generic Strategies || When To Go For What || Strategic Management Series · YouTube · FST Study · 6 min · for registered students

Further resources

  • Procurement in the Supply Chain World, ch.: Procurement Strategy · Reading · Other, textbook chapter; PDF pp. 25–41 · for registered students
  • Mastering Strategic Management, ch. 4: Managing Firm Resources · PDF · Saylor Academy, textbook chapter; pp. 101–134 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
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Course plan
  • Week 1: The Strategic Role of Purchasing
  • Week 2: Cross-Functional Procurement Relationships
  • Week 3: Purchasing in NPD and the Product Lifecycle
  • Week 4: The Purchasing Decision Process and Market Intelligence
  • Week 5: Strategic and Operational Supply Chain Decisions
  • Week 6: Corporate Strategy and Procurement Strategic Alignment
  • Week 7: TQM-Driven Purchasing Strategies
  • Midterm: Midterm evaluation
  • Week 9: Portfolio-Driven Supply Strategies
  • Week 10: Lean, Agile, and Virtual Procurement Frameworks
  • Week 11: Comparative Procurement Across Diverse Industries
  • Week 12: Applying Strategic Procurement in practice: case studies
  • 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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