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Level 7 Diploma in Logistics and Supply Chain Management

Strategic Procurement and Organizational Design

LSC703 · Procurement and Supply Management — Week 1 of 16

CourseLSC703
Week1 of 16
SemesterI
TutorOnline in the course chat

This week’s topics

Strategic Procurement and Organizational Design

  1. Value creation mechanisms
  2. Total cost of ownership
  3. Centralized and decentralized procurement structures
  4. Hybrid and center-led organizational models
  5. #15 Procurement in Organizations | Part 2 | Strategic Sourcing
  6. Strategic Sourcing in Supply Chain: Elevating Procurement for Business Success
  7. #22 Strategic Cost Management | Part 1 | Strategic Sourcing

What you will be able to do

  • 1.1 Analyse the different sources of value addition in procurement.
  • 1.4 Compare the different structures of a procurement function.

Activity

Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: analyse the different sources of value addition in procurement.

Study materials

Videos

  • Strategic Sourcing in Supply Chain: Elevating Procurement for Business Success · YouTube · MIT Center for Transportation & Logistics · 50 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
  • Procurement in the Supply Chain World, ch.: Introduction to Procurement · Reading · Other, textbook chapter; PDF pp. 13–24 · 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 2
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.

Open this week in the portal
Course plan
  • Week 1: Strategic Procurement and Organizational Design
  • Week 2: Procurement Governance and Strategic Sourcing
  • Week 3: Cost and Price Estimation Techniques
  • Week 4: Tendering Processes and Supplier Evaluation
  • Week 5: Procurement Technology and Digital Enablers
  • Week 6: Commercial Contracting Frameworks
  • Week 7: Commercial Negotiation Strategies
  • Midterm: Midterm evaluation
  • Week 9: Supply Portfolio Analysis and Segmentation
  • Week 10: Supplier Relationship Management and Performance
  • Week 11: Contract Governance and Commercial Conflict Resolution
  • Week 12: Applying Procurement and Supply Management in practice: cas…
  • 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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