OPSMGT 376 : Strategic Procurement

Business and Economics

2025 Semester One (1253) (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

In an interconnected world, firms procure various goods and services to deliver value to their customers. This course equips students with skills and techniques to develop and implement effective procurement strategies. It gives students a solid theoretical foundation and analytical skills relevant to supply chain procurement. Students understand the influence of game theory on competition and coordination between market players, learn rational practices for supplier selection and contract negotiation, and explore supplier relationship management practices that align with supply chain objectives.

Course Requirements

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

Capabilities Developed in this Course

Capability 3: Knowledge and Practice
Capability 4: Critical Thinking
Capability 5: Solution Seeking
Graduate Profile: Bachelor of Commerce

Learning Outcomes

By the end of this course, students will be able to:
  1. Explain and apply the procurement theories and practices relevant to competition and cooperation within supply chains. (Capability 3 and 4)
  2. Critically evaluate the performance of procurement strategies adopted by a company and suggest suitable alternatives. (Capability 4 and 5)
  3. Effectively obtain, interpret and present the solutions for price, quantity, quality, and contract using quantitative models and qualitative analysis. (Capability 3 and 5)
  4. Explain the suitable strategies for supplier selection, negotiation and supplier relationship management. (Capability 4 and 5)

Assessments

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

Workload Expectations

This is a 15-point course; students should expect to spend around ten hours per week over the semester (including preparing for the final). During a typical teaching week, there will be four hours of contact time in the form of lectures and tutorials (these are active learning opportunities, and recordings should only be used as a revision tool). In addition, various supplementary learning materials will be provided for self-study. Students are expected to spend an average of six hours on pre-lecture readings, assignments and self-study.

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.

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.

Since students provided feedback that the math content was challenging, additional learning resources and supplementary teaching will be offered to support student learning needs.

Academic Integrity

The University of Auckland will not tolerate cheating, or assisting others to cheat, and views cheating in coursework, tests and examinations 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. A student's assessed work may be reviewed against electronic source material using computerised detection mechanisms. Upon reasonable request, students may be required to provide an electronic version of their work for computerised review.

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 your assessment is fair, and not compromised. Some adjustments may need to be made in emergencies. You will be kept fully informed by your course co-ordinator, 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 you may be asked to submit your 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. The final decision on the completion mode for a test or examination, and remote invigilation arrangements where applicable, will be advised to students at least 10 days prior to the scheduled date of the assessment, or in the case of an examination when the examination timetable is published.

Published on 18/11/2024 02:33 p.m.