Procurement and Supply Management in the Digital Era | CET Courses

Singapore University of Social Sciences

Procurement and Supply Management in the Digital Era (LOG304)

Synopsis

The COVID-19 pandemic has highlighted that procurement and supply management is crucial to ensure the operational continuity of businesses and economies. LOG304 Procurement and Supply Management in the Digital Era gives insight on how procurement and supply management impacts the competitive success of organisations and the supply chain in a rapidly digitalised world. The course explores digital tools as well as risk management, contractual, legal, ethical and sustainability issues in procurement. Students will learn how to make effective procurement and supply decisions to manage the vulnerability, uncertainty, complexity and ambiguity of the supply chain in the new normal.

Level: 3
Credit Units: 5
Presentation Pattern: EVERY JAN

Topics

Introduction to Procurement and Supply Management
Procurement Operations and Industry 4.0
Strategy Development
Category Management
Supplier Evaluation and Selection
Supplier Quality and Performance Management
Worldwide Sourcing and Supply Risk Management
Strategic Cost Management and Data Analytics
Supplier Base Management, Development and Optimisation
Procurement Contracts, Law and Ethics
Digitalisation of Procurement and Supply Management
Emerging Trends in Procurement and Supply Management

Learning Outcome

Show the importance of procurement for an organisation and the supply chain.
Appraise the strategies for supplier base management.
Indicate future trends in procurement and supply management.
Propose strategies for effective and efficient procurement.
Examine approaches to supplier evaluation and performance management.
Analyse techniques for worldwide sourcing, managing supply risks and costs.