Purchasing & Resourcing Management
Level 4 · ₾1690 · exam in 3–12 months
Summary of Major Topics & Study
Module 1 - Introduction to Purchasing and Resourcing Management
Modern purchasing as a professional managerial activity, objectives, purchasing and logistics
Strategic purchasing, purchasing in the management hierarchy, products, goods and services
Categories of organizational buyers, channels of distribution, wholesale and retail businesses
Principles of management, functional and human aspects, policies, standards and performance
Module 2 - Purchasing Objectives and Strategy
Business planning, purchasing’s general and specific objectives, setting purchasing strategy
Purchasing strategies, manufacturing for stock, to order strategy, just-in-time (JIT), forward buying
Total quality management and purchasing, partnership sourcing, the “Pareto Principle” and “80-20 Rule”
Customer satisfaction levels and costs, sellers and buyers markets, evaluation of purchasing strategy
Module 3 - Purchasing Policy: Formulation, Implementation and Control
Formulating purchasing policy, market profiles, production cycle times, forecasting demand
Economic order quantities, influences on purchase decisions, quality approval of supplies, budgets
Statistical and ABC classifications of stocks, risk analysis, monitoring and control of key costs
Expertise needs in purchasing, technology, changes in purchasing policy, organisational development
Module 4 - Purchasing Organisation Structure, Responsibilities, Job Structures
Purchasing organisation, organisational structures, centralisation and decentralisation
Organisational strengths and weaknesses, SWOT analysis, the purchasing function’s status
Organisation of purchasing personnel, job structures, specifications, rotation, analysis, changes
Teamwork in purchasing, team roles, multi-skilled logistics roles, co-ordination with other functions
Module 5 - Control Systems, Procedures and Records
Purchasing control systems, implementation, control and feedback cycles
The basic purchasing process, notification, requisition, quotations, supplier selection, orders
Purchasing documentation, structure of a purchasing manual, policies and processes
Selection of preferred suppliers, supplier appraisal and research, provisioning, priorities
Module 6 - Information Technology in Purchasing and Supply
Disadvantages of manual systems, better performance through technology, computer systems
Computerisation of systems, applications, databases, Gannt, network analysis and flow charts
Hardware, software, information and processing needs, computerised logistics applications
Impacts of technology on purchasing and suppliers, e-procurement, e-marketplaces
Module 7 - The Human Resource in the Supply Chain
Management of the human resource, centralised and devolved HR, relationships with others
Manpower planning, effective recruitment, selection, interviewing candidates, tests and evaluation
Training personnel, assessing development needs, training methods, development processes
Performance appraisal and management, personnel investment processes, project-based development
Module 8 - Management Style, Motivation and Control
Management attitudes, scientific management, management and motivational theories
Appraisal of managerial styles, task-oriented, relationships-oriented, situational managerial style
Managerial styles in purchasing, a motivational audit, conflict resolution, reasons conflicts arise
Employee grievances and disputes, disciplinary procedure, pay structures, job evaluation
Module 9 - Sourcing Processes and Supplier Relationships
Principles of sourcing, attributes of good suppliers, making sourcing decisions, price-quality strategy
Production, make or buy decisions, materials management and requirements planning (MRP)
Pricing considerations, analysis and structures, discounts, contracts, total cost of acquisition (TCA)
Supplier relationships, traditional and contemporary, JIT manufacture, partnership sourcing
Module 10 - Quality Management in the Purchasing Function
Quality management in purchasing, definition of quality, quality policy in purchasing
Quality control, assurance and approval, specification of quality standards, performance standards
Total quality management, TQM processes and concepts, barriers to quality competitiveness
Quality implementation costs, quality costs versus customer satisfaction priorities, quality auditing
Module 11 - Negotiating and Bargaining in the Supply Chain
Definition and aims of negotiation, negotiators, when negotiation is needed, resolving disagreement
Situations which require negotiation, the scope, stages and conduct of a negotiation
Strategy and tactics, poor and good negotiation, body language signals, win-win, effective bargaining
Personal effectiveness in negotiations, authority, ethics and negotiation, professional practice
Module 12 - Further Purchasing Techniques and Practices
Support tools in purchasing, logistics database support, data access, JIT systems, team-work
Supplier tendering procedures, competitive tendering policy, tender documentation, evaluation
Supplier performance databases, e-commerce in purchasing, buying power, drafting specifications
Benchmarking, processes, performance drivers, benefits, quantitative and qualitative measuring
Study & Career Development
This Program provides an excellent foundation for a successful career in purchasing, resourcing, buying, quality management and related career areas. Whether entering the purchasing and supply field for the first time, looking for promotion, or needing to achieve managerial skills, this Program is designed to provide all of the knowledge and understanding needed to achieve these goals.
Further studies are available in related areas, and which build upon the essentials of a thorough knowledge of this increasingly important subject.
There is a wide range of options for further study - see the "Related Courses" section for suggestions - which include Honours Diplomas, ABA & Baccalaureate Programmes, and the 'Double Award' EBA & BBA Bachelor degree Programme. You are welcome to ask the College for advice, and of course you can see details of these Programmes on this website.
The fee includes:
- College membership, plus your study materials & certificate of affiliation — International CIC Study & Training Materials
- detailed distance-learning instructions for the best results — the Study & Training Guide
- per-module Self-Assessment Tests with answers, plus a Progress Chart
- arrangement of your final exam
- a Level 4 Diploma — on passing the exam
- postal service