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This module aims to provide you with an appreciation of the synergy between strategic procurement and logistics management. The focus is given to processes that add value through the production and delivery of services and products in the supply chain, and the tools needed to manage these processes effectively. Furthermore, you will be given a comprehensive understanding of modern approaches to strategic procurement and logistics management throughout the supply chain. On completion of the module you will be able to critically analyse the approaches to managing procurement and logistics management used by a variety of product and service organizations operating in a global business environment.
The content of the module comprises a number of key parts which are listed below.
Introduction to purchasing and SCM
The purchasing process
Supplier quality management
Supplier evaluation and selection
Negotiation and Contract management / incoterms
Supplier management and development - creating a world-class supply base
Worldwide sourcing
Introduction to ERP systems
Information technology benefits evaluation
Knowledge management in supply chains
Innovation management in supply chains
Outsourcing/ re-shoring management
Power in supply chains
Change management in supply chains
Scope of Materials Management and Logistics
The effects of ROI and Profits
Customer Service
Purchasing - the 5 'rights'-Partnership Sourcing (I)
Purchasing - the 5 'rights'-Partnership Sourcing (II)
Inventory Management Strategy
Inventory Management MRP
Inventory Management ERP
Channel and Network Strategy
Materials Handling and Storage (I)
Materials Handling and Storage (II)
Information Technology in Logistics