Contemporary Procurement (ITLS6003)

UNIT OF STUDY

Globalisation of supply markets and changing regulatory environments pose new challenges for strategic procurement. This unit explores the role that procurement departments in both manufacturing and service sectors can play in generating cost savings for companies competing in volatile global marketplaces. Students will gain practice-based insights into internal and external relationship management issues, category-specific sourcing strategies, sourcing risks, and, spend management and contract management strategies. The unit will draw on a number of international cases to illustrate key concepts. The content is suitable for both early career procurement professionals as well as students considering procurement as a future career option.

Further unit of study information

Classes

8 x 3.5 hr lectures, 4 x 3.5 hr tutorials. Refer to timetable for full details.

Assessment

Quizzes (60%), individual report (20%), and group report (20%)

Textbooks

Sollish F and Semanik J (2011) Strategic Global Sourcing Best Practices; Sollish F and Semanik J (2012) The Procurement and Supply Manager's Desk Reference; Monczka RM, Handfield RB, Guinipero LC and Patterson JL (2011) Purchasing and Supply Chain Management

Faculty/department permission required?

No

Unit of study rules

Prohibitions

TPTM6400

Corequisites

ITLS5000 or TPTM5001

Study this unit outside a degree

Non-award/non-degree study

If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.

Cross-institutional study

If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.