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Unit of Study

Contemporary Procurement
UoS Code ITLS6003
Credit points 6
Offered Semester 1 and Semester 2
Prerequisites None
Corequisites ITLS5000 or TPTM5001
Prohibitions TPTM6400
Assumed Knowledge
Additional Information
Lectures 13 x 3 hr lectures/workshops
Assessment quiz (20%), group report (30%), final exam (50%)
Description Globalisation of supply markets, evolving regulatory environments and technological developments pose ongoing challenges for strategic procurement. This unit explores current procurement practice in both public and private sector organisations using a number of local and international case studies. Students will gain insights into category management, sourcing risks, spend analysis, lean and e-procurement, negotiations, reverse auctions, ethical sourcing and the implications of big data analytics and emerging technologies for contemporary procurement practice. The unit includes an industry-led workshop and certificate component and is suitable for both early career procurement professionals as well as students considering procurement as a future career option.