Singapore University of Social Sciences

Procurement Operations

Procurement Operations (PRM211)

Applications Open: 01 May 2024

Applications Close: 15 June 2024

Next Available Intake: July 2024

Course Types: Modular Undergraduate Course

Language: English

Duration: 6 months

Fees: $1391.78 View More Details on Fees

Area of Interest: Management

Schemes: Alumni Continuing Education (ACE)

Funding: To be confirmed

School/Department: School of Business


Synopsis

The COVID-19 pandemic and subsequent supply chain shocks has highlighted that procurement and supply management are crucial to ensure the operational continuity of businesses and economies. LOG211 Procurement Operations gives insight into how procurement and supply management impacts the sustainability and competitiveness of organisations and the supply chain in a rapidly digitalised world. Students will learn how to make effective procurement operations and supply decisions to manage the vulnerability, uncertainty, complexity and ambiguity of the new supply chain normal.

Level: 2
Credit Units: 5
Presentation Pattern: Every July

Topics

  • Scope and Development of Procurement
  • Procurement Strategy and Purchasing Organisation
  • Sourcing and Supplier Evaluation
  • Specification Development and Quality Management
  • Inventory and Lead Time Management
  • Pricing, Costing and Total Cost of Ownership
  • Negotiation
  • Performance Measurement
  • Project Procurement and Procurement of Commodities
  • Global Sourcing and e-Procurement
  • Capital and Retail Procurement
  • Services Procurement and Sustainability

Learning Outcome

  • Review the execution of end-to-end procurement process for compliance with organisation’s policies and procedures, to minimise lapses and non-compliance.
  • Recognise the areas of improvements in effectiveness and efficiency of procurement operations to reduce fraud, waste and error.
  • Analyse the impact of macroenvironmental changes on procurement strategies and operations.
  • Develop procurement operations performance reporting.
  • Examine procurement requirements of relevant stakeholders for alignment with overall organisation and procurement strategy considering market conditions.
  • Execute continuous procurement operations improvement initiatives.
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