Bsc. PURCHASING, SUPPLY AND LOGISTICS CHAIN MANAGEMENT LEARNING OBJECTIVES AND COURSE CONTENT
After studying in the Business Administration – Purchasing, Supply and Logistics Management program, you will be able to offer employers specialized skills related to supply chain, purchasing, logistics and inventory control management.
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Understand the purchasing function’s contribution to profitability.
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Identify the relationship between the purchasing function and other functional areas of management.
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Explore the basic historical development of the purchasing function.
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Understand the evolution of the basic supply management concept.
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Differentiate between purchasing, supply management, and supply chain management.
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Understand the relationship between the purchasing function and inventory, ordering, and transportation costs.
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Discuss the advantages and disadvantages of centralized purchasing organizational designs.
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Identify various purchasing organizational designs.
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Learn about careers in purchasing.
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Be able to stand independently as a professional consultant in purchasing, supply and logistics management, offering the knowledge gained from this course to clients.
COURSE CONTENT
Week 1
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Course syllabus
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Learning objective
Week 2
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Introduction
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Definitions
Week 3
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Purchasing managers, buyers and purchasing agents
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Purchasing and supply chain management
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The evolution of purchasing and supply management function
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Integrative material management
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Purchasing dollar responsibility
Week 4
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Introduction to purchasing and supply chain management
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Calculation of potential profit
Week 5
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Integrated supply management (ISM)
Week 6
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Annual inventory – ordering – transportation cost
Week 7
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Organizing for purchasing
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Centralized versus decentralized purchasing
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Advantages of centralized purchasing
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Disadvantages of centralized purchasing
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Advantages of decentralized purchasing
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Disadvantages of decentralized purchasing
Week 8
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Centralized – decentralized hybrid purchasing system
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The future organization concept
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Reporting assignment
Week 9
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The supply management concept
Week 10
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Institute of supply management (ISM) salary survey
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Career in purchasing
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Supply chain manager other functions
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Institute of supply management excellence award
Week 11
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Professionalism in purchasing and supply management
Week 12
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Strategic purchasing
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Formal socialization process
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Supply integration
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Supply base flexibility
Week 13
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Collaborative advantage and relational rents
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E-procurement and the purchasing process
Week 14
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Logistics
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What is logistics and supply chain management
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Definitions
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What is logistics management
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What is transport logistics
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Is logistics the same as supply chain management
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Logistics operation in supply chain network
Week 15
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Spare parts logistics
Week 16
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Contract logistics – key block in supply chain management
Week 17
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Role of freight forwarding and logistics supply chain management
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3PL contract logistics operations
Week 18
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Finished goods supply chain operations
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Contract logistics RFQ process
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Contract period and extensions
Week 19
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Vendor managed inventory – a collaborative supply chain concept
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Documentation – a control mechanism of supply chain logistics
Week 20
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Warehouse management system
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Physical infrastructure
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IT systems
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Selecting 3PL service provider for warehouse management
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Size of company, structure and responsiveness
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Technical and operational competency of vendor
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Service provider interest and attitude towards your business proposal
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Service provider capacity evaluation
Week 21
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Internal planning for effective operation in warehousing projects
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Defining project scope and responsibilities
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Warehouse design concept
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Warehouse location, layout and building
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Types of storage
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Racking design and material handling equipment
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Warehouse operational efficiency contributing factors
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The people (HRM)
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Work force quality, job structure
Week 22
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Warehouse operational efficiency and inventory health
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Physical inventory
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System inventory
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Inventory audit
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Contract logistics and warehousing – pricing and costing mechanism
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Storage space pricing
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Contract logistics pricing methods
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Types of pricing models in contract logistics
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Contract logistics cost model
Week 23
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Contract logistics solution design documents
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Inventory migration – meaning its need and its importance
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Inventory migration scope
Week 24
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Warranty management – meaning and its components
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What is a warranty
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Important components of warranty management system
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Warranty management and claims processing systems
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Parts procurement and logistics
Week 25
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Supply chain network and technology
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Flow of information and cargo in a supply chain network
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Supply chain network design and contributing factors
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Manufacturing methodology
Week 26
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Customs clearance – meaning, scope and documentation
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Imports and customs clearance
Week 27
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E-commerce and internet enabled supply chain
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Sourcing strategies and procurement processes
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Procurement functions
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Procurement process and sourcing strategies
Week 28
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Supply chain management – problems and roadblocks
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Project scale and span of control
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Technology
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Cost of technology absorption
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Internal and external resource capabilities.