Introduction to the Module Unit
Purchasing and Supply Strategy is a unit offered to diploma students in supply chain management to equip them with the right attitudes, knowledge and skills to be able to plan and manage the procurement functions.
General Objectives
By the end of this module unit, the learner should be able to:
- Explain the importance of strategic management in supply chain management
- Describe the strategic planning process supply chain management
- Outline the importance of developing the purchasing and supply strategy
- Apply purchasing and supply chain policies in purchasing
- Discuss the importance of effective importance in the purchasing and supply function
Topics/Course Outline Required by KNEC
Topic 1: Introduction to Strategic Management
1.1. Meaning of strategic management
1.2. Concept and purpose of strategic management
1.3. Nature of strategic supply chain management
1.4. Levels of strategy
1.5. Scope of strategic management
Topic 2: Strategic Planning Process
2.1. Meaning of strategic planning
2.2. Steps in strategic planning process
2.3. Tools used in environmental scanning
2.4. Strategy formulation process
2.5. Factors in strategy selection
2.6. Factors to be considered in implementing strategic plan
2.7. Strategy evaluation control and feedback process
Topic 3: Purchasing and Supply Chain Strategies
3.1. Meaning of purchasing strategy and supply strategy
3.2. Relationship between purchasing and supply strategy and corporate strategy
3.3. Contribution of purchasing chain strategies to corporate strategy
3.4. Purchasing and supply strategies
Topic 4: Purchasing and Supply Chain Policies
4.1. Meaning of nature of purchasing and supply policies
4.2. Nature of purchasing and supply policies
4.3. Importance of purchasing and supply policies
4.4. Factors considered in formulating purchasing and supply policies
4.5. Process followed in formulating purchasing and supply policies
4.6. Policies in purchasing and supply
4.7. Process of preparing the purchasing and supply manual
4.8. Challenges in implementing purchasing and supply policies
Topic 5: Purchasing and Supply Organisation
5.1. Importance of organisational structures in purchasing and supply entities
5.2. Factors considered in designing an organisational structure for purchasing and supply organisation
5.3. Organisation of purchasing and supply activities
5.4. Approaches to organisation structures
5.5. Management levels in purchasing and supply
Topic 6: Measuring Purchasing and Supply Performance
6.1. Concept of performance measurement in purchasing
6.2. Factors considered in measuring purchasing and supply performance
6.3. Methods of measuring purchasing and supply performance
Topic 7: Emerging Issues and Trends in Supply Management
7.1. Emerging issues and trends in purchasing and supply strategy
7.2. Challenges posed by emerging issues and trends in purchasing and supply strategy
7.3. Coping with challenges posed by emerging issues and trends in purchasing and supply strategy
