Singapore University of Social Sciences

Procurement and Supply Management in the Digital Era

Procurement and Supply Management in the Digital Era (LOG304)

Synopsis

The COVID-19 pandemic has highlighted that procurement and supply management is crucial to ensure the operational continuity of businesses and economies. LOG304 Procurement and Supply Management in the Digital Era gives insight on how procurement and supply management impacts the competitive success of organisations and the supply chain in a rapidly digitalised world. The course explores digital tools as well as risk management, contractual, legal, ethical and sustainability issues in procurement. Students will learn how to make effective procurement and supply decisions to manage the vulnerability, uncertainty, complexity and ambiguity of the supply chain in the new normal.

Level: 3
Credit Units: 5
Presentation Pattern: EVERY JAN

Topics

  • Introduction to Procurement and Supply Management
  • Procurement Operations and Industry 4.0
  • Strategy Development
  • Category Management
  • Supplier Evaluation and Selection
  • Supplier Quality and Performance Management
  • Worldwide Sourcing and Supply Risk Management
  • Strategic Cost Management and Data Analytics
  • Supplier Base Management, Development and Optimisation
  • Procurement Contracts, Law and Ethics
  • Digitalisation of Procurement and Supply Management
  • Emerging Trends in Procurement and Supply Management

Learning Outcome

  • Show the importance of procurement for an organisation and the supply chain.
  • Appraise the strategies for supplier base management.
  • Indicate future trends in procurement and supply management.
  • Propose strategies for effective and efficient procurement.
  • Examine approaches to supplier evaluation and performance management.
  • Analyse techniques for worldwide sourcing, managing supply risks and costs.
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