OPSMGT 376 : Strategic Procurement

Business and Economics

2022 Semester Two (1225) (15 POINTS)

Course Prescription

Strategic issues in procurement and supply management, covering analysis, planning, and management of supply activities. To enhance understanding of typical situations procurement managers are dealing with and the impact of their decisions on the overall performance of a supply chain the course uses a game-theoretic approach. Note: Students should be aware that several topics of the course make use of basic calculus concepts such as derivatives and maximisation problems.

Course Overview

Based on knowledge obtained from OPSMGT 255 (or ENGGEN 303), students will be equipped with the skills and knowledge necessary to analyse the role of factors influencing the selection of suppliers, design of the appropriate purchasing approaches, negotiation strategies, and execution processes to be employed in various business situations with a particular focus on supply chain coordination. To obtain critical thinking and solution seeking capabilities in the typical procurement situations, the course focuses on analysing the role of procurement in supply chain management and identifying the key factors influencing managerial decisions. This course is designed to provide students with a strong theoretical base and sound analytical skills for pursuing careers in supply chain management and, in particular, in strategic procurement.

Course Requirements

Prerequisite: OPSMGT 255 or ENGGEN 303 and 30 points at Stage II

Capabilities Developed in this Course

Capability 1: Disciplinary Knowledge and Practice
Capability 2: Critical Thinking
Capability 3: Solution Seeking
Capability 4: Communication and Engagement
Capability 5: Independence and Integrity
Capability 6: Social and Environmental Responsibilities
Graduate Profile: Bachelor of Commerce

Learning Outcomes

By the end of this course, students will be able to:
  1. Explain and apply concepts, views, and latest methodologies related to strategic procurement in managing a supply chain. (Capability 1)
  2. Identify the key factors influencing procurement strategies. Further through independent analysis, demonstrate capabilities to evaluate the performance of different procurement strategies and suggest the best alternative with scientific evidence. (Capability 2 and 5.1)
  3. Obtain solutions for price, quantity, quality, and contract through various quantitative models and qualitative analysis. (Capability 2 and 3)
  4. Select appropriate strategies for negotiation and/or supplier relationship management. (Capability 4.1 and 4.2)
  5. Analyse the environmental impact of procurement strategies and develop environmentally benign alternatives. (Capability 3 and 6)

Assessments

Assessment Type Percentage Classification
Assignments 15% Individual Coursework
Test 25% Individual Test
Project 20% Group Coursework
Final Exam 40% Individual Examination
Assessment Type Learning Outcome Addressed
1 2 3 4 5
Assignments
Test
Project
Final Exam

Workload Expectations

10 hours per week on average are required for your learning activities that include a lecture, (optional) tutoring, and hours of self-study. To promote your learning experience, a variety of teaching approaches will be utilized including lectures, class discussions, written assignments, presentations, and classroom activities. The class typically meets for three hours a week. Lectures are active learning times and therefore recordings, where provided, should only be used as a revision tool. Tutoring provides opportunities to reinforce learning outcomes obtained from lectures. Students are expected to use an average of 4-7 additional self-study hours each week in reading and preparing for the class (split between reading, studying, and assignments). Active participation is essential, and students will be expected to master materials assigned in readings, presented in class lectures, discussions, and presentations.

Delivery Mode

Campus Experience

Attendance is expected at scheduled activities including tutorials to complete components of the course.
Lectures will be available as recordings. Other learning activities including tutorials will not be available as recordings.
The course will not include live online events including tutorials.
Attendance on campus is required for the exam.
The activities for the course are scheduled as a standard weekly timetable.

Learning Resources

Course materials are made available in a learning and collaboration tool called Canvas which also includes reading lists and lecture recordings (where available).

Please remember that the recording of any class on a personal device requires the permission of the instructor.

Students are required to complete the prescribed readings prior to each class session and be fully prepared to contribute to an in-depth discussion. Lecture slides, the main learning resources, will be uploaded to Canvas prior to each class. All other learning resources will be introduced at the first session.
The University of Auckland copyright applies to all resources and information used during the course prohibiting students from sharing anything outside of their specific semester course cohort.

Student Feedback

At the end of every semester students will be invited to give feedback on the course and teaching through a tool called SET or Qualtrics. The lecturers and course co-ordinators will consider all feedback and respond with summaries and actions.

Your feedback helps teachers to improve the course and its delivery for future students.

Class Representatives in each class can take feedback to the department and faculty staff-student consultative committees.

Students' feedback last year was mostly positive. Overall, including more practical aspects of procurement would be good.

Academic Integrity

The University of Auckland will not tolerate cheating, or assisting others to cheat, and views cheating in coursework as a serious academic offence. The work that a student submits for grading must be the student's own work, reflecting their learning. Where work from other sources is used, it must be properly acknowledged and referenced. This requirement also applies to sources on the internet. A student's assessed work may be reviewed against online source material using computerised detection mechanisms.

Class Representatives

Class representatives are students tasked with representing student issues to departments, faculties, and the wider university. If you have a complaint about this course, please contact your class rep who will know how to raise it in the right channels. See your departmental noticeboard for contact details for your class reps.

Inclusive Learning

All students are asked to discuss any impairment related requirements privately, face to face and/or in written form with the course coordinator, lecturer or tutor.

Student Disability Services also provides support for students with a wide range of impairments, both visible and invisible, to succeed and excel at the University. For more information and contact details, please visit the Student Disability Services’ website http://disability.auckland.ac.nz

Special Circumstances

If your ability to complete assessed coursework is affected by illness or other personal circumstances outside of your control, contact a member of teaching staff as soon as possible before the assessment is due.

If your personal circumstances significantly affect your performance, or preparation, for an exam or eligible written test, refer to the University’s aegrotat or compassionate consideration page https://www.auckland.ac.nz/en/students/academic-information/exams-and-final-results/during-exams/aegrotat-and-compassionate-consideration.html.

This should be done as soon as possible and no later than seven days after the affected test or exam date.

Learning Continuity

In the event of an unexpected disruption, we undertake to maintain the continuity and standard of teaching and learning in all your courses throughout the year. If there are unexpected disruptions the University has contingency plans to ensure that access to your course continues and course assessment continues to meet the principles of the University’s assessment policy. Some adjustments may need to be made in emergencies. You will be kept fully informed by your course co-ordinator/director, and if disruption occurs you should refer to the university website for information about how to proceed.

Student Charter and Responsibilities

The Student Charter assumes and acknowledges that students are active participants in the learning process and that they have responsibilities to the institution and the international community of scholars. The University expects that students will act at all times in a way that demonstrates respect for the rights of other students and staff so that the learning environment is both safe and productive. For further information visit Student Charter https://www.auckland.ac.nz/en/students/forms-policies-and-guidelines/student-policies-and-guidelines/student-charter.html.

Disclaimer

Elements of this outline may be subject to change. The latest information about the course will be available for enrolled students in Canvas.

In this course students may be asked to submit coursework assessments digitally. The University reserves the right to conduct scheduled tests and examinations for this course online or through the use of computers or other electronic devices. Where tests or examinations are conducted online remote invigilation arrangements may be used. In exceptional circumstances changes to elements of this course may be necessary at short notice. Students enrolled in this course will be informed of any such changes and the reasons for them, as soon as possible, through Canvas.

Published on 09/08/2022 09:24 a.m.