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Course Name (English)
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PROCUREMENT MANAGEMENT
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| Course Code |
OPM554 |
| Course Description |
This course introduces concepts, theories and applications of procurement management in the manufacturing and service sector. It explores the foundation of procurement skills and techniques in procurement management. The course also offers knowledge on how to apply the best practices for supply management in order to further improve the supply chain performance. |
| Transferable Skills |
Knowledge and Understanding, Cognitive Skills and Communication Skills |
| Teaching Methodologies |
Lectures, Discussion, Presentation, Journal/Article Critique, Project-based Learning |
| CLO |
| CLO1 |
Interpret procurement management principles in an organization. |
| CLO2 |
Determine procurement management methods based on activities in the organization. |
| CLO3 |
Demonstrate managerial skills in solving procurement management issues in an organization. |
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| Pre-Requisite Courses |
No course recommendations |
| Topics |
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1. 1.0 Introduction to Procurement Management
1.1) 1.1 Overview of Procurement
1.2) 1.2 Relations with other Functions
1.3) 1.3 Challenges and Trends in Procurement
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2. 2.0 Fundamentals of Procurement Management
2.1) 2.1 Procurement Policies and Strategies
2.2) 2.2 Procedure of Procurement
2.3) 2.3 Techniques of Procurement
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3. 3.0 Quality in Procurement Management
3.1) 3.1 Dimensions of Quality
3.2) 3.2 Costs of Quality
3.3) 3.3 Methods of Descriptions
3.4) 3.4 Inspection and Testing
3.5) 3.5 Non-conforming materia
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4. 4.0 Supplier Selection
4.1) 4.1 Criteria in choosing supplier
4.2) 4.2 Supplier Evaluation Method
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5. 5.0 Procurement in Public Sectors
5.1) 5.1 Objectives of Public Procurement
5.2) 5.2 Characteristics of Public Procurement
5.3) 5.3 Trends in Public Supply
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6. 6.0 Procurement in Service Sector
6.1) 6.1 Objectives of Service Procurement
6.2) 6.2 Analysing Service Procurement
6.3) 6.3 Acquisition process for Service Procurement
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7. 7.0 Analyzing Requirements for Procurement
7.1) 7.1 Internal, External Sourcing and Make or Buy Procurement Decision
7.2) 7.2 Value Analysis in Procurement
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8. 8.0 Fundamentals of Inventory Management
8.1) 8.1 Classifications of Inventory
8.2) 8.2 Functions of Inventory
8.3) 8.3 Inventory Costs
8.4) 8.4 Inventory Management Techniques
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9. 9.0 Management Considerations in Procurement Management
9.1) 9.1 Social and Ethical Considerations
9.2) 9.2 Legal Aspects of Procurement
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10. 10. E-procurement
10.1) 10.1 Overview of e-procurement
10.2) 10.2 Benefits of e-procurement
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| Assessment Breakdown | % |
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| Continuous Assessment | 100.00% |
| Details of Continuous Assessment |
| Assessment Type |
Assessment Description |
% of Total Mark |
CLO |
| Assignment |
Individual Project |
20% |
CLO2
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| Assignment |
Group Project 1 |
25% |
CLO2
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| Case Study |
Group Project 2 |
25% |
CLO3
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| Test |
Test |
30% |
CLO1
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| Reading List | | Recommended Text | - Johnson, P.F. 2019, Purchasing and Supply Management (16th edition), McGraw-Hill Education [ISBN: 978-126054811]
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| Article/Paper List | This Course does not have any article/paper resources |
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| Other References | - Text Book Lysons, K. and Farrington, B. 2020, Procurement and Supply Chain Management
(10th edition)
, Pearson
- Text Book Monczka, R.M., Handfield, R.B., Giunipero, L.C. and Patterson, J.L. 2020, Purchasing & Supply Chain Management
(7th edition)
, Cengage Learning
- Text Book Ghanem, S.B. 2018, Strategic Procurement Management, Kindle Store
- Text Book Sekhar, C. and Sekhar, P.J. 2019, Principles and Practices of Procurement
Management
, MJP Publishers
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