Procurement Operations

Singapore University of Social Sciences

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

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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.