ACE

MG5827: Strategic Procurement Project

Credit Weighting: 10
No. of Students: Min 18, Max 40.
Pre-requisite(s): None
Co-requisite(s): None
Teaching Period(s): Semesters 1 or 2 or 3. (semester details for this module will be confirmed at the start of the programme).
Teaching Methods: 6 x 4hr(s) Lectures (Participants are required to attend 6 x 4 hrs lectures. The lecture time on campus follows a seminar format and involves inter alia working in gruops); Directed Study (Autonomous student learning (off campus) is supported by on-line materials and e-mentoring and takes the form of directed reading case studies and specific assignment tasks)
Module Co-ordinator: Dr David Mckevitt, Department of Management and Marketing.
Lecturer(s): Staff, Department of Management and Marketing.
Module Objective: This capstone module requires participants to integrate, consolidate and leverage their learning to date into a Strategic Procurement Plan. The strategic procurement plan aims to connect and align the overall strategy of the organisation and the different business units with day-to-day procurement activities.
Module Content: Strategy process versus content, market and resource-based strategies, procurement capability
Analysis of process, business writing and reporting.
Learning Outcome: On successful completion of this module, students should be able to:
  • Create a strategy that can deliver the mission, vision and goals of the function
  • Demonstrate an understanding of the internal and external context in which procurement strategy operates
  • Manage the strategy implementation process to ensure goals are achieved at the right time and cost, and that strategy becomes embedded into the operations
  • Evaluate the results of the implementation process and ensure learning is gained and used in subsequent planning cycles.
Assessment: Total Marks 200: Continuous Assessment 200 marks (1 x 6000 word Individual Strategic Procurement Plan, 150 marks; Individual presentation, 50 marks).
Compulsory Elements: Continuous Assessment.
Penalties (for late submission of course/project work etc.): Where work is submitted up to and including 7 days late, 5% of the total marks available shall be deducted from the mark achieved. Where work is submitted up to and including 14 days late, 10% of the total marks available shall be deducted from the mark achieved. Work submitted 15 days late or more shall be assigned a mark of zero.
Pass Standard and any Special Requirements for Passing Module: 40%.
End of Year Written Examination Profile: No Formal Written Examination.
Requirements for Supplemental Examination: Marks in passed element(s) of Continuous Assessment are carried forward, Failed element(s) of Continuous Assessment must be repeated.

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