Research Questions

We will look at how organizations decide which suppliers to procure from, and what different factors might affect their sourcing strategies.In this we shall• Look at the sourcing process, and consider the complexities in strategic sourcing• Consider what makes a good supplier• Examine the Kraljic’s Sourcing Matrix• Critique the potential and risks of partnership sourcingOn […]

We will explore how buyers can evaluate the performance of their suppliers.In this we shall• Reflect on the role of supplier performance evaluation• Consider the 10C framework for developing supplier performance evaluation• Critique the role of a weighted points plan in evaluating supplier performanceOn completion of this Week, you will be able to• Explain the

We will investigate the challenges of measuring procurement savings and look at some important aspects of negotiation.In this we shall• Explore why procurement savings are difficult in practice to measure• Consider what procurement might negotiate on with suppliers• Delineate needs versus wants in planning for negotiation• Explore the concept of a BATNA in negotiationOn completion

We will look at how e-procurement originally aimed to move procurement from an operational function to a strategic function, and how digital procurement and data analytics can potentially revolutionise and transform procurement’s contribution.In this we shall• Explore the changes in Industry 4.0 and Industry 5.0 and consider how these change procurement• Reflect on the critical

We develop your critical analysis skills by exploring the rise of sustainability issues and delving into how these might change the roles and responsibilities of procurement.In this we shall• Explore a range of sustainability concepts including the Triple Bottom Line, the United Nation’s Sustainable Development Goals, the circular economy, and ESG• Reflect on how sustainability

We will look at the importance of contract management and provide a high-level overview of the legal requirements for a valid contract.In this we shall• Look at the importance of contracts and contract management in project management• Cover the basic legal requirements for a valid contract• Define the terminologies of KPIs and SLAs in relation

We will take a closer look at public sector procurement and also look at how various legislation around the world is extending procurement’s social responsibilities.In this Week we shall• Consider what value might mean in for public procurement and why controls are important• Explore the concept of social value• Explore the implications of new modern

On 12th of April 1764, the citizens of Milan witnessed the brutal killing of Bartolomeo Luisetti. Bartolomeo had been condemned to death after being accused of sodomy. He was killed by asphyxiation and then burnt at the stake in front of the crowd. Throughout Europe, ruling elites believed that criminal justice had to be done

For the most part, men leave the care of the most important regulations either to common sense or to the discretion of individuals whose interests are opposed to those most foresighted laws which distribute benefits to all and resist the pressures to concentrate those benefits in the hands of a few, raising those few to

A few odd remnants of the laws of an ancient conquering race codified twelve hundred years ago by a prince ruling at Constantinople, and since jumbled together with the customs of the Lombards and bundled up in the rambling volumes of obscure academic interpreters—this is what makes up the tradition of opinions that passes for