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Level 7 Diploma in Logistics and Supply Chain Management

Midterm evaluation

LSC703 · Procurement and Supply Management — Midterm

CourseLSC703
Week8 of 16
SemesterI
TutorOnline in the course chat

This week’s topics

Midterm evaluation

  1. Midterm assessment of the criteria taught so far
  2. Individual feedback and targets

What you will be able to do

  • 1.1 Analyse the different sources of value addition in procurement.
  • 1.2 Explain the main aspects of sourcing processes.
  • 1.3 Analyse the impact of organisational policies and procedures on procurement.
  • 1.4 Compare the different structures of a procurement function.
  • 2.1 Explain how costs and prices can be estimated for procurement activities.
  • 2.2 Explain the main processes used for obtaining quotations and tenders from suppliers.
  • 2.3 Develop selection and award criteria with regards to selecting suppliers.
  • 2.4 Evaluate the role of technology in enhancing the efficiency and effectiveness of procurement.

Activity

Midterm assessment task and individual feedback.

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.
Week 7Week 9
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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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