PMC102 - Procurement and Supply Management

Outline info
Semester
School
Last revision date 2017-11-03 10:40:56.728
Last review date 2017-11-03 10:40:56.729


Subject Title
Procurement and Supply Management

Subject Description
This subject breaks down the distinctions between purchasing, procurement and supply management. In providing a comprehensive grounding in the differences between strategic and tactical aspects of purchasing, it covers the procurement process and the role of the procurement function within the organization. This subject gives the student the tools to determine "make or buy" decisions and to conduct effective price and cost analysis. Critical issues in supplier selection and evaluation are addressed as are emerging and established technologies in e-procurement. The characteristics of services procurement that differentiate it from product procurement are also examined.

Credit Status
This subject is the second of eight modules required by the Supply Chain Management Association of Ontario (SCMAO) for the Strategic Supply Chain Management Leadership Program toward the CPP (Certified Professional Purchaser) designation.

Learning Outcomes
Upon successful completion of this subject the student will be able to:

Upon completion of this subject students should be able to:
1. Describe the relationship between procurement and supply chain management.
2. Describe the relationship between tactical and strategic procurement.
3. Describe and differentiate the five stages of strategic procurement management.
4. Define spend analysis including direct and indirect spend.
5. Understand why spend analysis is an important strategic purchasing function.
6. Prepare a goods spend analysis at an organization.
7. Recognize the opportunities from and the barriers to spend analysis.
8. Identify types of supply risk.
9. Describe the steps in the procurement process.
10. Understand the critical importance of needs description.
11. Display knowledge of the types of specificiations.
12. Describe the broad considerations to specification development.
13. Determine whether bidding or negotiation is more suited to a particular situation.
14. Prepare a negotiating plan.
15. Describe the factors that enter into the make or buy decision.
16. Conduct a price assessment.
17. Understand factors that affect quality.
18. Use basic inventory tools.
19. Understand the elements of the total cost approach of selecting suppliers.
20. Understand single versus multiple sourcing.
21. Describe the unique aspects of service procurement.
22. Describe electronic data interchange, e-catalogs, e-marketplaces and e-auctions.
23. Describe the benefits available through the effective use of P-cards.
24. Understand JIT and JIT II.

Cheating and Plagiarism
Each student should be aware of the College's policy regarding Cheating and Plagiarism. Seneca's Academic Policy will be strictly enforced.

To support academic honesty at Seneca College, all work submitted by students may be reviewed for authenticity and originality, utilizing software tools and third party services. Please visit the Academic Honesty site on http://library.senecacollege.ca for further information regarding cheating and plagiarism policies and procedures.

Discrimination/Harassment
All students and employees have the right to study and work in an environment that is free from discrimination and/or harassment. Language or activities that defeat this objective violate the College Policy on Discrimination/Harassment and shall not be tolerated. Information and assistance are available from the Student Conduct Office at student.conduct@senecacollege.ca.

Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Disabilities Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.

Prerequisite(s)
PMC101 

Topic Outline

  • Tactical and strategic procurement
  • Procurement processes
  • Competitive bidding and negotiation
  • Procurement and supply managmeent organization
  • Make or buy
  • Price and cost analysis
  • Quality and Inventory
  • Supplier selection
  • Supplier development and certification
  • Services procurement
  • e-procurement
  • Involving users and suppliers 

Mode of Instruction
Highly participatory using case studies, small and large group discussions, and lecture.  

Prescribed Texts
A Candidate Manual and a Readings Manual are to be purchased for this module - downloaded by the students at the beginning of the semester.  Students are directed to the following link to purchase the materials:  http://www.scmao.ca/EducationAccreditation/CertifiedSCMP/Registration/Modules.aspx

Reference Material
None

Required Supplies
None.

Promotion Policy

Grading Policy
A+ 90%  to  100%
A 80%  to  89%
B+ 75%  to  79%
B 70%  to  74%
C+ 65%  to  69%
C 60%  to  64%
D+ 55%  to  59%
D 50%  to  54%
F 0%    to  49% (Not a Pass)
OR
EXC Excellent
SAT Satisfactory
UNSAT Unsatisfactory

For further information, see a copy of the Academic Policy, available online (http://www.senecacollege.ca/academic-policy) or at Seneca's Registrar's Offices.


Modes of Evaluation
The evaluation criteria are set by SCMAO.  Please refer to their standards by contacting 416-977-7566 ext. 2149. 

Students must obtain a 60% average for course work, and achieve a minimum grade of 60% on the final exam to successfully complete the course.

Students are referred to the following website for Seneca College Library style guides, Academic Honesty Policy and Copyright guidelines:   http:/senecacollege.ca/library

For further information on evaluation and academic standing, see a copy of the Academic Policy, available online (http://www.senecacollege.ca/academic-policy/index.html) or at Seneca’s Registrar’s Offices.

Grading is based on the following marking scheme:

Individual Exercises 15%
Group Exercises 15%
Group Case Report 05%
Individual Case Reports 25%
Case Discussions (in total) 15%
Final Exam 25%

Please retain this course outline document for future educational and/or employment use.

Program Manager:
Emiliano Introcaso

Approved by: Academic Program Manager Emiliano Introcaso