Introduction

This unit provides insights into the strategic and operational aspects of procurement and supply management, emphasising the role of procurement in achieving organisational efficiency and sustainability. Learners will study supplier selection, contract management, and risk management, gaining practical skills for developing robust procurement strategies. The unit also covers sustainable sourcing practices and ethical considerations, preparing learners to make procurement decisions that align with organisational goals and values.

Learning Outcomes

• Understand the principles of procurement and supply management.
• Understand the role of procurement in supporting organisational objectives.
• Understand the impact of procurement on operational efficiency and sustainability.
• Be able to develop procurement strategies that align with organisational goals.