PURCHASING AND COST MANAGEMENT - 2018/9

Module code: MANM404

Module Overview

This module aims to give students a critical understanding of the principles, procedures and problems associated with the management of the purchasing and supply chain functions of various organisations at strategic, tactical and operational levels. It will help develop an understanding of purchasing strategies and give students the opportunity to demonstrate the application of theory by investigating specific logistical problems related to sourcing. In particular, online solutions, simulation and e-procurement options will be introduced to ensure leading edge costing methods are learned. Students will be taught how to negotiate in a buyer/supplier context, providing them with a life-skill in conflict management. Completion of this module prepares students for a possible future role of buying, supply chain or logistics management.

Module provider

Surrey Business School

Module Leader

COLE R Dr (SBS)

Number of Credits: 15

ECTS Credits: 7.5

Framework: FHEQ Level 7

JACs code: N200

Module cap (Maximum number of students): N/A

Module Availability

Semester 1

Prerequisites / Co-requisites

none

Module content

Indicative content includes:
1. Strategic sourcing and purchasing process
2. Buying behaviour
3. Decision making and vendor selection
4. The role of technology in performance measurement and governance in purchasing
5. The global marketplace, international sourcing, purchasing procedures and ethics
6. Towards sustainable sourcing and global supply networks
7. Negotiating skills and conflict management
8. Public procurement and e-procurement
9. Supply chain mapping and evaluation
10. Supplier relationship management

Assessment pattern

Assessment type Unit of assessment Weighting
Coursework Individual coursework (2000 words) 50
Practical based assessment Practical role play exercise 50

Alternative Assessment

Virtual role-play possible for retaking students

Assessment Strategy

The assessment strategy is designed to provide students with the opportunity to demonstrate their achievement regarding the learning outcomes. The summative assessment for this module consists of two components: the first is a piece of coursework (2000 words) the topic of which will include a choice for students. The second is a practical role-play exercise, which will be assessed live. The assessment will be in a group but students are marked individually.

The first assignment is due during the first half of the course and the second role-play assessment will be performed in class time at the end of the module.

Formative assessment and feedback
Tutorials and/or workshops will be provided prior to the coursework submission and practice sessions will be facilitated prior to the role-play and feedback provided in class.

Module aims

  • To understand the role of e-purchasing and supply in organisations
  • To evaluate the main components of digital purchasing and supply chains and critically analyse the management implications
  • To evaluate the sourcing and supply requirements of specific organisations
  • To critically evaluate the financial implications of purchasing and supply decisions
  • To debate the concepts involved in purchasing portfolios and how technology can assist
  • To demonstrate the knowledge and skill of negotiation procedures in procurement
  • To critically evaluate theoretical models and concepts of purchasing and supply within various sectors and understand the challenges of technology faced by public sector procurement, manufacturing and service organisations
  • To appreciate the significance of the role of ethical sourcing and corporate social responsibility in purchasing and supply

Learning outcomes

Attributes Developed
001 Evaluate the management implications of effective purchasing and supply chain functions
002 Identify the sourcing and supply requirements of specific organisations C
003 Formulate analysis of the purchasing decision including financial implications
004 Perform a supply chain mapping and evaluation exercise
005 Undertake a collaborative buyer/supplier negotiation
006 Critically evaluate procurement challenges faced by public sector procurement, manufacturing and service organisations (

Attributes Developed

C - Cognitive/analytical

K - Subject knowledge

T - Transferable skills

P - Professional/Practical skills

Overall student workload

Independent Study Hours: 114

Lecture Hours: 12

Seminar Hours: 24

Methods of Teaching / Learning

The learning and teaching strategy is designed to:

The module adopts an interactive and sometimes case-based learning strategy whereby the tutors facilitate, after a lecture on the material, a case that offers direct application of the learnt concepts and ideas. Emphasis is given to foster opinions and ideas on the material to apply the learning material in a direct, practical and business-relevant manner.

The learning and teaching methods include: Lectures, seminar discussions, practical applications, company case studies (3 hours per week)

Practical action-learning sessions will apply the principles learnt in this course to design and develop sourcing strategies for business

Indicated Lecture Hours (which may also include seminars, tutorials, workshops and other contact time) are approximate and may include in-class tests where one or more of these are an assessment on the module. In-class tests are scheduled/organised separately to taught content and will be published on to student personal timetables, where they apply to taken modules, as soon as they are finalised by central administration. This will usually be after the initial publication of the teaching timetable for the relevant semester.

Reading list

Reading list for PURCHASING AND COST MANAGEMENT : http://aspire.surrey.ac.uk/modules/manm404

Programmes this module appears in

Programme Semester Classification Qualifying conditions
Operations and Supply Chain in the Digital Era MSc 1 Optional A weighted aggregate mark of 50% is required to pass the module

Please note that the information detailed within this record is accurate at the time of publishing and may be subject to change. This record contains information for the most up to date version of the programme / module for the 2018/9 academic year.