Procurement

This unit is expiring
The expiry date of this unit is 31/07/2026.

Overview

Framework:
Access to HE
Level:
Level 3
Unit No:
QU031608
Credits:
6
Guided learning hours:
Not available

Qualification Grading Type

Graded

Grade Descriptors

  • GD1-Understanding the subject
  • GD2-Application of knowledge
  • GD4-Use of information
  • GD7-Quality

Unit Learning Outcomes

1

Understand what is meant by procurement.

Assessment Criteria

  • 1.1

    Explain the purpose of procurement within a specific business environment.

  • 1.2

    Explain the stages involved in the procurement process.

2

Know internal and external relationships essential to the procurement process.

Assessment Criteria

  • 2.1

    Explain which internal customers of procurement may be involved at different stages of the procurement process.

  • 2.2

    Compare advantages and disadvantages of three different types of supplier relationship within procurement.

  • 2.3

    Evaluate how globalisation impacts on external procurement relationships.

3

Understand types of sourcing for procurement requirements.

Assessment Criteria

  • 3.1

    Summarise the advantages and disadvantages of three different types of sourcing strategies for procurement requirements.

4

Understand effective procurement processes.

Assessment Criteria

  • 4.1

    Explain key elements of the procurement systems and procedures required to implement an effective procurement process.

  • 4.2

    Analyse how elements of procurement systems and procedures can be streamlined by applying electronic processes.

5

Understand supplier performance measurement in order to match supplier performance indicators with different types of purchases.

Assessment Criteria

  • 5.1

    Explain key components of a framework for monitoring supplier performance.

  • 5.2

    Explain key supplier performance indicators to manage supplier performance.

  • 5.3

    Analyse the role of ethics and sustainability in improving procurement performance.