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Module purpose On completion of this module, learners will be able to demonstrate the practical application of the key elements of the procurement cycle in an integrated manner, within a workplace context.   Module aim(s) Procurement is the business function that ensures identification, sourcing, access and management of external resources that an organisation needs or may need to successfully fulfil…

Module purpose On completion of this module, learners will be able to explain methods of inventory storage and control and analyse the concept of whole life cost from concept through to disposal.   Module aim(s) Whole life costing takes into account the total cost of a product or service over its lifetime, from concept through to disposal including purchase, hire…

Module purpose On completion of this module, learners will be able to analyse the dynamics of supplier relationships, examine the processes and procedures for working with stakeholders and appreciate the concept of partnering.   Module aim(s) In any organisation, a significant element of the procurement and supply function is based around decisions to source activity from external suppliers. Once agreements…

Module purpose On completion of this module learners will be able to identify approaches to successfully achieving negotiated commercial agreements with external organisations.   Module aim(s) The creation of formalised agreements is a critical part of the success of any organisation. Those involved in procurement and supply activity will therefore be able to effectively negotiate with stakeholders and/or suppliers and…

Module purpose On completion of this module, learners will be able to explain the options and associated processes available for sourcing with external suppliers. They will also examine the legal and ethical impact and the implications of corporate social responsibility, on the final sourcing decision.   Module aim(s) In any organisation, a significant element of procurement and supply activity is…

Module purpose On completion of this module, learners will be able to describe the key elements and legal aspects of formal commercial contracts, and analyse and interpret the fundamentals of specifications and key performance indicators that are included in contractual arrangements made with suppliers.   Module aim(s) In any organisation, a significant element of the procurement and supply function is…

Module purpose On completion of this module, learners will be able to devise a business case for requirements to be externally sourced and will understand the role of market management and competitive forces as they specify goods and services in procurement and supply.   Module aim(s) The development of a business case and the ability to analyse markets are key…

Module purpose On completion of this module, learners will be able to identify the key stakeholders in the application of the sourcing process and analyse the procurement cycle, evaluating the influence that procurement and supply has as a source of added value for the organisation.   Module aim(s) In any organisation, a significant proportion of costs are accounted for by…

Introduction – On completion of this unit, candidates will be able to apply a set of appropriate tools and techniques that can assess sourcing options available to organisations when procuring goods, services or works from external suppliers. – This unit identifies sound approaches to sourcing activities that assess the commercial and technical capabilities of organisations to help achieve the right…

Introduction: On completion of this course, candidates will be able to: A) Identify approaches to achieve negotiated agreements with external organisations. B) Recognise the use of legal terms that should regulate commercial agreements. C) The creation of formalized agreements is a critical part of the work of personnel in procurement and supply. This course analyses approaches to the negotiation of…