Procurement Management and Global Sourcing
Source an explanation for how goods and services procurement management works.
Learn what qualities to look for when evaluating and choosing suppliers. Dig through the basics of inventory management. Study this area from local and global viewpoints.
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On successful completion of this subject you will be able to:
- Apply key concepts and theories in the field of procurement management and global sourcing to effectively manage procurement related functions.
- Contribute to the selection and design of appropriate approaches to manage procurement management and global sourcing operations.
- Analyse and apply appropriate techniques and methods in the integration of procurement management and global sourcing operations.
- Evaluate and measure alternative procurement management and global sourcing options in the context of a flexible global supply chain.
- Leverage resources of a group to critically analyse situations and develop solutions to procurement related problems.
- Please refer to RMIT University’s Learning Management System - Canvas, for further details.
You are recommended to have completed the following subjects(s) or have equivalent knowledge before starting this subject:
No additional requirements
This subject introduces the fields of Procurement Management and Global Sourcing. It explores the central concepts of organisational procurement and global sourcing. It also explores interfaces of these to the other areas of an organisation. This subject provides opportunities to examine issues such as organisational procurement process, global sourcing process, supplier selection process, supplier management and other strategic issues.
This subject includes a Work Integrated Learning (WIL) experience in which your knowledge and skills will be applied and assessed in a real or simulated workplace context and where feedback from industry and/or community is integral to your experience.
- Assessment Task 1 (Linked CLOs: 3, 4, 5) (20%)
- Assessment Task 2 (Linked CLOs: 1, 2, 3, 4, 5) (30%)
- Assessment Task 3 (Linked CLOs: 1, 2, 3, 4) (50%)
Current study term: 29 May 22 to 28 Aug 22
Check the learning management system (LMS) of your university for textbook details.