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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
Language of tuition Module is presented in English
Department Business Management
Period of presentation Semester 1 or Semester 2
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