MGMT8057 - Strategic Procurement Managmt.

Module Details

Module Code: MGMT8057
Title: Strategic Procurement Managmt.
Long Title: Strategic Procurement Sustainable Mgmt.
NFQ Level: Advanced
Valid From: Semester 2 - 2023/24 ( January 2024 )
Duration: 1 Semester
Credits: 5
Field of Study: 3450 - Business & Management
Module Delivered in: 2 programme(s)
Module Description: Strategic procurement management is concerned with the decision making process in setting the strategic direction for purchasing and supply management in organisations. The strategic importance of purchasing is to ensure the quality and capability of the supply-base and to manage risk. This process has a direct critical impact on the bottom line financial statements and performance of organisations.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Appraise the commercial environment issues for their organisation using relevant models
LO2 Assess the strategic nature of sustainable purchasing and procurement in organisations and the management of risk
LO3 Appraise the strategic concepts and models pertaining to the purchasing and procurement discipline
LO4 Analyse supplier performance and understand the impact of buyer and seller behaviour and relationship management
LO5 Relate to organisations' corporate objectives and how sustainable corporate procurement plans are aligned in terms of cost, quality and delivery
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named MTU module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module. You may not earn additional credit for the same learning and therefore you may not enrol in this module if you have successfully completed any modules in the incompatible list.
No incompatible modules listed
Co-requisite Modules
No Co-requisite modules listed
Requirements

This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed. You may not enrol on this module if you have not acquired the learning specified in this section.
No requirements listed
 
Indicative Content
Evolution of purchasing, procurement and supply management
Evolution of the purchasing function and corresponding procurement and supply management functions across organisations. Review the drivers that have transformed purchasing function from a reactive to a strategic proactive function. The key role of purchasing and supply management in organisation success today.
Supplier sourcing strategies and supply network configurations
Supply strategy concept and the key relationship to supply chain network configurations. The effective application of Kraljic (1983) matrix and supplier positioning strategy tools in the management of lean organisational supply.
Procurement management and embracing innovation
The concepts of open and closed innovation and the relationship with procurement. The timing of supplier involvement in the procurement process. Common barriers to supplier innovation.
Procurement and Lean Supply
Focus on Lean concepts in particular value stream mapping. Change management as a pre-requisite to successful lean strategic supply management.
Relationship Management
Relationship building; types of relationship from low level transactional to strategic alliances; factors influencing relationships; internal and external relationships; management of supplier and customer relationships; supply chain relationship strategies; hidden costs of poor relationships; negotiation skills and techniques.
Module Content & Assessment
Assessment Breakdown%
Coursework100.00%

Assessments

Coursework
Assessment Type Essay % of Total Mark 30
Timing Week 6 Learning Outcomes 1,2,4,5
Assessment Description
A student essay to demonstrate understanding of strategic frameworks, the theory of procurement management and to draw from own work experience.
Assessment Type Critique % of Total Mark 40
Timing Week 9 Learning Outcomes 2,3,5
Assessment Description
An annotated bibliography and a reflection on best in class sustainable procurement management. Critique from a range of academic papers (Biopharmaceutical, Pharmaceutical, and other industries) and reflect on best in class sustainable procurement practices.
Assessment Type Open-book Examination % of Total Mark 30
Timing Sem End Learning Outcomes 1,2,3,4,5
Assessment Description
An Open-book examination facilitated through CANVAS learning management system. Time bound.
No End of Module Formal Examination
Reassessment Requirement
Repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.

The University reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact On-line lectures and discussions on industry case studies Every Week 3.00 3
Independent & Directed Learning (Non-contact) Non Contact Student Study course material and prepare for assessments Every Week 4.00 4
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 3.00
Workload: Part Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact On-line lectures and discussions on industry case studies Every Week 2.00 2
Directed Learning Non Contact Student study course material, conduct wider research and prepare for assessments Every Week 5.00 5
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 2.00
 
Module Resources
Recommended Book Resources
  • Arjan van Weele. (2014), Purchasing and Supply Chain Management, 6th. All, Cengage Learning,, UK, [ISBN: 1408088460].
  • Kenneth Lysons, Brian Farrington. (2016), Purchasing and supply chain management, 9th. Pearson Education,, Londonm UK, [ISBN: 1292086114].
  • Paul Cousins... [et al.],. (2008), Strategic supply management, 1st. Prentice Hall Financial Times, Harlow, Essex, UK, [ISBN: 978 0 273 651].
Supplementary Book Resources
  • Michiel Leenders, P. Fraser Johnson, Anna Flynn,. (2010), Purchasing & Supply Chain Management, 14th. McGraw-Hill, [ISBN: 0073377899].
Recommended Article/Paper Resources
  • IPSERA. IPSERA - International Purchasing and Supply Education and Research Association, IPSERA - International Purchasing and Supply Education and Research Association,
    http://www.ipsera.com/
Other Resources
  • Website, Institute of Purchaing and Materials Management, 'Professional Purchasing Institute www.iipmm.ie'. IIPMM.
  • Website, Supply Chain Management. Supply Chain Management Review,
    http://scmr.com
 
Module Delivered in
Programme Code Programme Semester Delivery
CR_BGSCM_8 Bachelor of Business (Honours) in Global Supply Chain Management 1 Elective
CR_EBSCM_8 Certificate in Biopharmaceutical Supply Chain Management 1 Mandatory