Procurement Management

SCM20002 12.5 Credit Points Hawthorn, Online Available to incoming Study Abroad and Exchange students

Duration

  • One Semester or equivalent

Contact hours

  • 36 hours

2020 teaching periods

Hawthorn

Higher Ed. Semester 2

Dates:
3 Aug 20 - 1 Nov 20

Results:
8 Dec 20

Last self enrolment:
16 Aug 20

Census:
31 Aug 20

More teaching periods

Swinburne Online

Teaching Period 2

Dates:
6 Jul 20 - 4 Oct 20

Results:
27 Oct 20

Last self enrolment:
19 Jul 20

Census:
31 Jul 20


Corequisites

Nil

Aims and objectives

Previous unit code: BUS20007
 
Procurement involves sourcing, ordering and purchasing supplies and efficient procurement management is essential for any professionally run organisation. The purchasing decision and acquisition of goods and services can require complex negotiations and may involve establishing, maintaining as well as terminating relationships with suppliers and vendors locally, nationally and globally. In this unit students will explore various facets of the procurement process, and consider how procurement management impacts on the organisation both financially and operationally.

Students who successfully complete this unit will be able to:
 
1 Articulate and defend a purchasing decision in a given business context
 
2 Analyse how purchasing decisions influence the supply chain management process in a range of complex situations
 
3 Research and make judgements about issues that influence sourcing decisions in given environments
 
4 Work collaboratively in diverse teams to communicate with stakeholders and to solve complex procurement problems