PS3S84 - Strategic Procurement and Commercial Relationships 01 Sep 2020 - 31 Aug 2027 | Version 5
Associated Module Information
| Module Code: | PS3S84 | ||
|---|---|---|---|
| Module Title: | Strategic Procurement and Commercial Relationships | ||
| Faculty: | Faculty of Business and Creative Industries | ||
| Faculty Group: | Operations Management | ||
| Faculty Sub Group: | Operations Management | ||
| Module Leader: | Luke Evans | ||
| Module Team: | Anita Kumar, Darar Apiri, Scott Parfitt, Simon Thomas | ||
| First Intended Intake: | SEP 2015 | Final Year of Intake: | |
| Date Closed: | |||
| Credit Value: | 20 | Credit Level: | 6 |
| Language: | English | ||
| Percentage of Module Taught in Welsh: | 0 | ||
| Equivalent Module: | |||
| HECOS codes: | 100078 - business and management | ||
| HECOS Code Weighting: | 100 | ||
Document Version Information
| Version | 5 |
|---|---|
| Valid From | 01 Sep 2020 |
| Valid To | 31 Aug 2027 |
Module Aims
Strategic Procurement
To provide an understanding of the internal and external strategic context in which Procurement functions
To provide an understanding of the contribution Strategic Procurement can make to corporate strategy and the achievement of corporate aims and objectives.
Commercial Relationships
To explain the legal relationships created between buyers and suppliers and the significance of these relationships in practice
To understand the spectrum of buyer-supplier relationships and the circumstances in which such relationships are appropriate
To understand the concept of supplier relationships management and how SRM can enhance supply chain performance.
Content Summary
Strategic Procurement
Approaches to strategy – Prescriptive and Emergent
The Strategy Process – Analysis, Options, Implementation
Levels of Strategy – Corporate, Tactical, Operational
Strategic Procurement – tools and techniques
Strategic Procurement – contribution to corporate strategy
Strategic Procurement in Context – in Retail, Manufacturing, Service Industries and the Public Sector
Commercial Relationships
Legal relationships – contracts and framework agreements
Legal relationships – partnerships, alliances etc.
Analysing the procurement portfolio using appropriate models
The Relationships Spectrum (Reck and Long 1998)
Identifying appropriate relationships using portfolio analysis
Identifying appropriate relationships using Life Cycle analysis
Dimension of relationships – risk, trust, information exchange, commitment etc
Managing conflict and dissolution
Supplier Relationships Management – tools and techniques
Learning and Teaching Methods
| Activity Type | Hours |
|---|---|
| Lecture | 10 |
| Seminar | 30 |
| Independent Study | 110 |
| Directed Study | 40 |
| Formative Assessment - Independent | 2 |
| Groupwork | 8 |
| Total Hours Selected | 200 |
Learning Outcomes
| # | Learning Outcome |
|---|---|
| LO1 | At the end of this module students should be able to analyse the strategic context in which procurement functions and be able to determine a procurement strategy which contributes to the achievement of corporate aims and objectives |
| LO2 | At the end of this module students should be able to recognise the appropriate form of buyer-supplier relationship required in any given context and be able to manage buyer supplier relationships effectively |
Module Requisites
N/A
Assessment Criteria
| Assessment Category | Assessment Type | Description | Duration | Word Count | Weight (%) | Best of? | Pass Mark |
|---|---|---|---|---|---|---|---|
| Written Examination | Written Examination - Open Book (Unseen) 1 | Exam | 150 | N/A | 50 | No | 40 |
| Written Assignment (CW) | Essay (CW) 1 | N/a | 0 | 3000 | 50 | No | 40 |
Assessment Matrix
| Assessment Type | Learning Outcomes | ||
|---|---|---|---|
| LO1 | LO2 | ||
| Written Examination - Open Book (Unseen) 1 | ✔ | ✔ | |
| Essay (CW) 1 | ✔ | ✔ | |