About the Course
In this module students will develop an understanding of the principles, concepts and strategies of the procurement and supply management function within organizations. The module will explore a range of practical and effective measures for efficiently synchronizing purchases and inventories with customer demand requirements, in order to achieve high service levels. The effects on purchasing and inventory with the implementation of Lean/JIT systems will also be studied. Students will gain an appreciation of the wider implications of procurement and supply management on the environment and the effects of globalization on this organizational function.