Enrolments for 2018 have closed.
Procurement Management and Global Sourcing
Undergraduate | RMI-LGM330 | 2018
Course information for 2018 intake View information for 2024 course intake
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.
- Study method
- 100% online
- Assessments
- Subject may require attendance
- Entry requirements
- Prior study needed
- Duration
- 13 weeks
HECS-HELP and FEE-HELP available
Procurement Management and Global Sourcing
About this subject
This subject will help you in developing capability in the following areas:
- Utilise generic business knowledge and capabilities
- Leverage material management knowledge
- Use of state-of-the art distribution practices to implement strategic and operational concepts
- Develop interpersonal skills to engage with others.
Upon completion of this subject, you should be able to demonstrate achievement of the following Degree Level Outcomes (CLOs):
- Explain and evaluate key concepts and theories in the field of procurement management and global sourcing
- Select and design appropriate principles and approaches in the formulation of procurement management and global sourcing
- Investigate 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
- Build and display appropriate leadership and organising abilities in leveraging resources, capabilities, and competencies of a group to critically analyse situations and develop solutions to procurement related problems
- Develop and apply effective interpersonal skills and communication techniques in working as a team to solve real-world problems in procurement management and global sourcing.
- Overview of Procurement and Supply Chain Management
- The Importance of Procurement Operations and Organisational Structures
- The Purchasing Process, Policy and Procedure and Supply Chain Information System
- Supplier Evaluation and Selection
- Procurement & Inventory Management
- Purchasing Integration and Competitive Advantage
- Supplier Integration and New Product Development
- Global Sourcing
- Purchasing and Commodity Strategy Development
- Supplier Quality and Supply Base Management
- Performance Measurement and Evaluation
- Future Direction and Summary
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 in relation to organisational procurement process both from domestic as well as overseas sources.
- Assignment 1 (20%)
- Assignment 2 (30%)
- Invigilated Exam (50%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
Prior study
To help set you up for success before you start this subject, we suggest completing or having equivalent knowledge in:
Additional requirements
No additional requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
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