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Level 8 Diploma in Strategic Management and Leadership Practice

Strategic Procurement and Sourcing Procedures

SMP809 · Supply Chain and Operations Management — Week 6 of 16

CourseSMP809
Week6 of 16
SemesterII
TutorOnline in the course chat

This week’s topics

Strategic Procurement and Sourcing Procedures

  1. Total Cost of Ownership (TCO) evaluation
  2. Sustainable and ethical procurement protocols
  3. E-procurement workflow governance
  4. Strategic levers for procurement process enhancement
  5. #25 Sustainability in Supply Management | Part 1 | Strategic Sourcing
  6. #22 Strategic Cost Management | Part 1 | Strategic Sourcing

What you will be able to do

  • 3.2 Evaluate the effectiveness of procurement strategies and procedures in an organisation.
  • 3.3 Critically analyse factors that may improve logistics and procurement strategies in an organisation.

Activity

Start with this week’s 2 videos, then: Seminar, guided reading and a short written task: evaluate the effectiveness of procurement strategies and procedures in an organisation.

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

  • The Sourcing Playbook (UK Government Commercial Function) · PDF · GOV.UK, guidance; 78 pages · for registered students
  • Should Cost Modelling guidance note (UK Government Commercial Function) · PDF · GOV.UK, guidance; 24 pages · for registered students
  • Supply Chain Sustainability: A Practical Guide for Continuous Improvement, 2nd ed. (UN Global Compact & BSR, 2015) · PDF · Un, guidance; 76 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 5Week 7
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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 Operations and Supply Chain Alignment
  • Week 2: Integrated Supply Chain Strategy and Key Success Factors
  • Week 3: Strategic Supplier Relationship Management
  • Week 4: Digital Transformation in Supplier Relationship Systems
  • Week 5: Strategic Logistics and Global Network Design
  • Week 6: Strategic Procurement and Sourcing Procedures
  • Week 7: Quantitative Inventory Optimization and Valuation
  • Midterm: Midterm evaluation
  • Week 9: Lean Operations and Just-In-Time (JIT) Systems
  • Week 10: Supply Chain Strategy Formulation and Improvement Planning
  • Week 11: Supply Chain Strategy Evaluation and Performance Justificat…
  • Week 12: Applying Supply Chain and Operations Management in practice…
  • 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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