Preview

1st Doc

Satisfactory Essays
Open Document
Open Document
1175 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
1st Doc
FACULTY OF LAW & MANAGEMENT STUDIES SCHOOL OF MANAGEMENT, IT AND GOVERNANCE
MARKETING & SUPPLY CHAIN MANAGEMENT DISCIPLINE

PURCHASING MANAGEMENT &CONTEMPORARY ISSUES SCMA305
WESTVILLE CAMPUS

2013

This document contains important information. Please read it carefully and retain it throughout the semester.

1

STAFF RESPONSIBLE FOR THE MODULE Lecturer Telephone Fax No Office E-Mail Consultation Miss N.F. Dyili 031 – 260 7386 031 – 260 7386 M- 206, dyilin@ukzn.ac.za Wednesday Thursday OR BY APPOINTMENT & EMAIL Module Administrator Telephone Fax No Office E-Mail Academic Leader Office M1-217 Level 2, M-Block E-Mail ramchanderm@ukzn.ac.za Mr S Mokeki 031 – 260 78143 031 – 260 7386 M230 mokekis@ukzn.ac.za Dr. Manduth Ramchander 09:00-10:30 13:00-14:00

2

1. INTRODUCTION This course handout outlines the structure of Purchasing Management & Contemporary Issues The prerequisite for this module is SCMA2OP and any other one 8 credit point module offered by the school, students NOT meeting this prerequisite will NOT be permitted to continue with the course even if their registration has inadvertently been accepted. 2. COURSE OVERVIEW The field of purchasing and supply management includes the functions of planning, organising, motivating, and controlling the flow of purchased material, products and service into and out of the organisation. The course will focus on issues that integrate related functions which provide effective and efficient materials and services to the organization. The course aims at placing the purchasing function in the contemporary world of business. On completion students should be able to elucidate the following concepts: buyer’s responsibilities in today’s purchasing organization, value of the purchasing function to the organization, supplier relations approaches, ethical issues, management of the procurement process, and legal aspects of purchasing, purchasing agreements and contracting methods

3

3. MODULE STRUCTURE The

You May Also Find These Documents Helpful

  • Better Essays

    Purchasing is a vital process of the company, 100% efficiency is required at all times. There must be proper organization and flexibility in this department. People working in this department should constantly evaluate the current purchasing scheme of the company and adapt to changes at all times.…

    • 1803 Words
    • 8 Pages
    Better Essays
  • Satisfactory Essays

    Doc 1

    • 333 Words
    • 2 Pages

    I think Loewen chose the four quotes to get the reader to think about how important it is to have an understanding of the truth about our real history. Not the stories that are played out in history textbooks, but the real facts about American history. These quotes help set the stage for Lowen’s thesis by encouraging the reader to start to think about if what they were taught in school was really how it all happened. Loewen’s thesis is that history textbooks either misguide readers in the facts of American history or leave some of them out all together. In either case it creates a false sense of greatness for the story of the Pilgrims and the founding of America. I think Loewen’s thesis is the ninth paragraph after he asks the question “What has gone wrong”(para 8).…

    • 333 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Week 5

    • 557 Words
    • 3 Pages

    References: Support your presentation with a minimum of six sources, four from the University Library and two from either the course textbooks or this week’s Electronic Reserve Readings. Prepare a list of all resources used in your research.…

    • 557 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    SCM 5850 Final Paper

    • 5090 Words
    • 14 Pages

    CERTIFICATION OF AUTHORSHIP: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledged and disclosed in the paper. I have also cited any sources from which I used data, ideas or words, either quoted directly or paraphrased. I also certify that this paper was prepared by me specifically for this course.…

    • 5090 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    Operations Management

    • 2215 Words
    • 9 Pages

    Supply chain management is the coordination of the processes and functions within a business, adopted by most companies in the UK in the late 1990’s. It deals with the internal and external factors that, when dealt with correctly and systematically, can determine a businesses success or failure. A supply chain is the network of activities that delivers a finished product service to the customer. By definition, supply chain management (SCM) is “the management of the flows of materials from suppliers to customers in order to reduce overall cost and increase responsiveness to the customers” (Reid & Sanders). SCM entails the co-ordination of the movement of good through the supply chain from suppliers to manufacturers to distributors to the final customer. The main aim of SCM is to maximise the efficiency of any given process being carried out by a company; by doing this it is allowing them to try to cut their costs and hopefully keep satisfying their customers’ needs, while at the same time maintaining their competitive position within their market. Supply chain management is seen as more of an “open system” in contrast to the traditional system used by the majority of companies just 20 years ago. The new “open system” allows room for change which is greatly needed with the current financial instability of the economy.…

    • 2215 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Doc 1

    • 585 Words
    • 3 Pages

    1. No regard to impact crime has. No proof that it is better than being imprisoned.…

    • 585 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Doc 1

    • 2090 Words
    • 9 Pages

    | Replaces the PRC 351 and 352. Used as the basic platoon radio and half the size and weight of a 351.…

    • 2090 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    Swisher Systems Case Study

    • 1442 Words
    • 6 Pages

    References: W.C. Benton, J. (2010). Purchasing and Supply Chain Management (2nd ed.). New York: McGraw-Hill Irwin.…

    • 1442 Words
    • 6 Pages
    Better Essays
  • Good Essays

    doc 1

    • 1156 Words
    • 5 Pages

    The Cold War Era was a time in history where there was hostility between many different countries. The one most notable was the hostility between the Soviet Union and United States, the fight between Communism and Capitalism. As the most dominant country the U.S. offered assistance to countries threatened by Communism. They felt that Communism was wrong and was not the right way to run a government. Between the years 1945 and 1980 the United States and Soviet Union’s relationship was ruined, which caused a lot of distrust between the two. The two countries never went to war, but there were a lot of disagreements, among them the U.S. was a democracy and the Soviet Union was under a dictatorship. Leading up to the Cold War America became the richest world power and the Soviet Union had a poor economic base. One of the biggest disputes the two countries had was over nuclear weapons and espionage. The Cold War had a huge reflection on pop culture in America.…

    • 1156 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Doc 1

    • 8910 Words
    • 36 Pages

    physical and social safety issues in all Ontario schools. Our mandate included addressing the issue…

    • 8910 Words
    • 36 Pages
    Better Essays
  • Satisfactory Essays

    Study Guide

    • 1841 Words
    • 8 Pages

    The overall objective of this chapter is to give the reader a sense of the importance of purchasing and the supply chain and how they fit in to and impacts the business environment.…

    • 1841 Words
    • 8 Pages
    Satisfactory Essays
  • Better Essays

    report libre

    • 4108 Words
    • 15 Pages

    Melody J. Hsiao, The impact of buyer-supplier relationship and purchasing process on the supply chain…

    • 4108 Words
    • 15 Pages
    Better Essays
  • Satisfactory Essays

    Manage Information Systems

    • 14521 Words
    • 59 Pages

    This workbook has been designed for use in conjunction with information and materials provided at lecture and tutorial sessions. Students should attend all timetabled sessions so they can obtain all subject information. Students should read and understand all materials provided. Information that is available in digital form is not included in this workbook in the interest of the environment.…

    • 14521 Words
    • 59 Pages
    Satisfactory Essays
  • Satisfactory Essays

    SCM sem 1 txtbk

    • 272 Words
    • 3 Pages

    International Marketing - An SME Perspective by Sean De Burca, Linden Brown and Richard Fletcher, Published by Person Education…

    • 272 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Cips and Ism Analyse

    • 2059 Words
    • 9 Pages

    Owing to the fact that the competition today is getting tougher and tougher, enterprises are requiring more specific job classifications in order to survive, such as developing new suppliers, material purchasing and supply chain management etc. As a result of this kind of competition, more and more professional purchasing associations spring out throughout the world. This report, however, will just focus on two different purchasing associations. The first one is known as Charted Institute of Purchasing & Supply, which is an international organisation working in purchasing, supply procurement and supply chain management. CIPS is considered as the advanced association in terms of professional procurement. Because of CIPS’s great contribution on procurement industry, it was awarded with the Royal Charter by the Queen of UK in 1992. More significantly, more than 150 countries around the world have adopted the CIPS code of professional ethics as a world standard in ethical guidelines. Another purchasing association will be researched in this report is called Institute for Supply Management, abbreviated as ISM, which was formerly called the National Association of Purchasing Management (NAPM). It was the earliest-founded America-based supply management institute in the world, which can be traced back to 1915. However, after 87 years, on January 2002 exactly, the term “ISM” was used as the association’s new name in front of the public. By taking advantages of its cumulative experience and superiorities in its supply management area, such as education, research, standards of excellence and information dissemination, it aims to become the most popular association in supply management profession around the world. It should be mentioned that ISM is distinguished for issuing the renowned monthly ISM Report on Business, which includes the well-known Purchasing Managers’ Index (PMI).…

    • 2059 Words
    • 9 Pages
    Better Essays