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PSM 231: Strategic Purchasing and Supplies Management Notes

Institution: University/College

Course: bachelor/Diploma in Supply Chain Management`

Content Category: Lecture Notes

Posted By: csolutions24

Document Type: DOCX

Number of Pages: 27

Price: KES 1000
 
    

Views: 551     Downloads: 0

Summary

Course Objectives
At the end of this course, the learner should be able to:
1. Demonstrate the understanding of strategic issues in purchasing and supplies management
2. Describe the strategic planning process in supply chain management
3. Develop supply chain strategies for an organization
Course Content
1. Introduction to Strategic Management
• Meaning of strategic management
• Concept and purpose of strategic management
• Alternative views of strategy development
• Levels of strategy
• Nature of strategic supply chain management
2. Strategic Planning Process
• Meaning of strategic planning
• Steps in strategic planning process
• Strategic Choice
• Tools used in environmental analysis
• Strategy formulation process
• Factors in strategy selection
• Factors to be considered in implementing strategic plan
• Strategy evaluation control and feedback process
3. Purchasing and Supply Chain Strategies
• Meaning of purchasing and supply strategy
• Models of Supply chain strategies i.e. BCG, Anssoft Matrix, SWOT Analysis, Potters, 7s Mackenzi. etc
• The contribution of purchasing and supply chain strategies to corporate strategy
• Purchasing and supply strategies
• 3 generic strategies in purchasing and Supply
4. Purchasing and Supply Organization
• Definition of organizational structures
• Approaches to organization structures
• Factors considered in designing an organizational structure purchasing and supply organization
• Organization of purchasing and supply activities
• Assessment of purchasing and supply structures
5. Measuring Purchasing and Supply Performance
• Meaning and Concept of performance measurement in purchasing
• Factors to consider in measuring purchasing and supply performance
• Methods of measuring purchasing and supply performance
6. Emerging Trends and Issues in Purchasing and Supply Strategy
• Emerging issues in purchasing and supply
• Challenges posed by the emerging trends and issues in purchasing and supply
• Strategies to counter new developments


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