Yearbooks

Procurement and supply management 783


 
Module code OBS 783
Qualification Postgraduate
Faculty Faculty of Economic and Management Sciences
Module content

The focus of the module is on procurement as a strategic function within the firm; the role of procurement and supply management in the supply chain; drivers and challenges within procurement; supply processes and technology; needs identification and specification-category of needs, volume, determining the right price to pay for the right value; strategic cost management; cost management tools and techniques; negotiation and contracting; make versus buy decisions; supplier selection and development; supplier evaluation; supplier assessment methods and supplier ranking; E-procurement-approaches, benefits and limitations; supplier relationship management; suppliers as a source of innovation; total cost of ownership; global supply management; reasons and challenges of global sourcing; incoterms; corporate social responsibility (CSR) in procurement; sustainability in procurement.

Module credits 20.00
NQF Level 08
Prerequisites OBS 316 and OBS 326
Contact time 15 contact hours
Language of tuition Module is presented in English
Department Business Management
Period of presentation Semester 1 or Semester 2

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