Contents

  1. Acknowledgement

  2. Content writer profile

  3. Welcome Note

  4. I. Course Guide

    1. 1. Course Overview

    2. 2. 1.0 Studying at WOU Using the Distance Learning Mode

    3. 3. 2.0 How to Succeed as a Distance Learner

    4. 4. 3.0 The Course — A Brief Introduction

    5. 5. 4.0 Tutorials — Optimising Tutorial Sessions

    6. 6. 5.0 Assessment and Examination

    7. 7. 6.0 A Word of Encouragement

  5. II. Unit 1 Procurement Management: An Overview

    1. 8. Unit Overview

    2. 9. Unit Objectives

    3. 10. 1.1 Introduction to Procurement Management

    4. 11. The classic definitions

    5. 12. Perspectives on procurement in business

    6. 13. Relations with other functions

    7. 14. The future trends of procurement management

    8. 15. Summary

    9. 16. 1.2 Linking Procurement Decisions with Business Strategy

    10. 17. Strategy formulation

    11. 18. Competitive strategy

    12. 19. Competitive priorities

    13. 20. Procurement’s role in business strategy

    14. 21. Summary

    15. 22. Summary of Unit 1

    16. 23. References

    17. 24. Glossary

  6. III. Unit 2 Structures, Processes and Technologies

    1. 25. Unit Overview

    2. 26. Unit Objectives

    3. 27. 2.1 Organisational Structures for Procurement Management

    4. 28. Location of the Procurement department

    5. 29. The key influencing factors on the organisation of Procurement department

    6. 30. Advantages and disadvantages of multi-site centralisation and decentralisation

    7. 31. Summary

    8. 32. 2.2 The Purchasing Process and Technologies

    9. 33. Traditional purchasing procedures and inefficiencies

    10. 34. E-commerce, e-business and e-procurement

    11. 35. Purchasing technologies: EDI

    12. 36. Summary

    13. 37. 2.3 E-Sourcing Fundamentals

    14. 38. E-catalogues, e-auction and reverse auction

    15. 39. E-sourcing and trends

    16. 40. Summary

    17. 41. Summary of Unit 2

    18. 42. References

    19. 43. Glossary

  7. IV. Unit 3 Specifications, Strategies and Supplier Evaluation

    1. 44. Unit Overview

    2. 45. Unit Objectives

    3. 46. 3.1 Developing Requirement Specifications

    4. 47. Methods of description

    5. 48. Service specifications

    6. 49. Specification writing

    7. 50. Summary

    8. 51. 3.2 Researching and Analysing Supply Markets

    9. 52. Setting priorities

    10. 53. Sourcing information

    11. 54. Tools for supply market analysis

    12. 55. Appraising market segments

    13. 56. Summary

    14. 57. 3.3 Supply Strategies and Selection of Suppliers

    15. 58. Portfolio analysis

    16. 59. Supplier selection and evaluation

    17. 60. Supplier motivations

    18. 61. Global sourcing

    19. 62. Summary

    20. 63. Summary of Unit 3

    21. 64. References

    22. 65. Glossary

  8. V. Unit 4 Contract Administration and Logistics Management

    1. 66. Unit Overview

    2. 67. Unit Objectives

    3. 68. 4.1 Contract Preparation and Negotiations

    4. 69. The framework for obtaining and selecting offers

    5. 70. Negotiations

    6. 71. Essentials of contract and legal commitment

    7. 72. Transfer of risk and INCOTERMS

    8. 73. Summary

    9. 74. 4.2 Contractual Defaults and Disputes

    10. 75. Contractual default

    11. 76. Settlement of disputes

    12. 77. Summary

    13. 78. 4.3 Managing Logistics and Transportation

    14. 79. Organisations for logistics decisions

    15. 80. Transportation

    16. 81. Procurement’s involvement in transportation

    17. 82. Selection of mode and carrier for inbound shipments

    18. 83. The process of rate quotation

    19. 84. Freight consolidation

    20. 85. Terms and conditions of transportation

    21. 86. Summary

    22. 87. Summary of Unit 4

    23. 88. References

    24. 89. Glossary

  9. VI. Unit 5 Capital Equipment, Service Procurement and Outsourcing

    1. 90. Unit Overview

    2. 91. Unit Objectives

    3. 92. 5.1 Capital Equipment

    4. 93. Differences in the procurement of capital equipment

    5. 94. Procurement’s role in capital equipment procurement

    6. 95. The used equipment market

    7. 96. Summary

    8. 97. 5.2 Services Procurement

    9. 98. What is ‘service’?

    10. 99. What makes services different?

    11. 100. Processing services procurement

    12. 101. Administration of service contracts

    13. 102. Summary

    14. 103. 5.3 Make or Buy, In-sourcing or Outsourcing

    15. 104. Reasons for buying or outsourcing

    16. 105. Reasons for making

    17. 106. Benefits and problems of outsourcing

    18. 107. Procurement's role in outsourcing

    19. 108. Summary

    20. 109. Summary of Unit 5

    21. 110. Course Summary

    22. 111. References

    23. 112. Glossary