This week’s topics
Review and coursework completion
- Reviewing the learning outcomes
- Completing and checking coursework against the criteria
- Self-assessment
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.
- 3.1 Explain the main types of contractual agreements between customers and suppliers.
- 3.2 Compare the types of approaches that can be pursued in commercial negotiations.
- 3.3 Evaluate the main methods that can influence the achievement of desired outcomes in a negotiation.
- 4.1 Apply portfolio analysis techniques to assess relationships with suppliers.
- 4.2 Explain the main approaches to conflict resolution in commercial contracts.
- 4.3 Explain the main techniques for supplier relationship management.
Activity
Guided review of every criterion; coursework completion clinic and peer review.
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.
