Procurement management lecture notes

Jomo kenyatta university of agriculture and technology. International purchasing notes knec diploma knec kasneb. A need triggers the procurement process methods procedures operational policy provision of works, services, and supplies concludes the procurement process principal activities associated with the procurement process 1. The msc in business administration programme at the university of twente is a one year programme 60ec. Public procurement practitioners must ensure that they responsibly manage the public procurement process within the mandate of the public procurement legal framework and in line with public procurement principles. The process of documenting project purchasing decisions, specifying the approach and identifying potential sellers. Cpsp finance for procurement kasneb cpa atd cs ccp. Principles of procurementjkuat notes jkuat studocu. Purchasing principles and management notes support tools for purchasing. Strategic procurement management is the process of planning, implementing, evaluating, and controlling strategic and operating purchasing decisions for directing all activities of the purchasing function.

Introduction to procurement management procurement profit. View notes procurement lecture from omgt 1082 at royal melbourne institute of technology. To explain the concept of supply chain management and its role in organizational development. Purchasing principles and management notes support tools for purchasing decision. Procurement and global sourcing omgt1070 academic year. Blc 30405 procurement management simple book production. Public procurement and finance notes knec diploma knec. We are responsible for a diverse set of courses on technology management, innovation and supply management for both the bachelor and the master curriculum. The documents that describes how procurement process from the developing procurement documentation through contract closure will be managed. Project procurement management is the process of selecting, monitoring and closing vendor contracts. The classic definitions blc 30405 procurement management. View notes procurement notes from business 312 at jomo kenyatta university of agriculture and technology.

Procurement strategies and structures, lecture notes for project. Strategic procurement management is the process of planning, implementing, evaluating, and controlling strategic and operating purchasing decisions for directing all activities of the purchasing function toward opportunities consistent with the. Procurement exam notes omgt2225 procurement management. Introduction to european public procurement when a governmental organisation or a public authority purchases from external suppliers, it is called public procurement. Procurement principles archives the procurement classroom. Ab is responsible for providing procurementrelated common services to federal government departments and agencies including itself, pwgsc. Types of contracts to be used persons who prepare independent estimates and when actions taken by the procurement department and the project team. Freely browse and use ocw materials at your own pace. Aug 25, 2016 lesson 1 purchasing management concepts 101 learn main concepts in corporate purchasing. Lecture notes assignments download course materials. Procurement stakeholder management, procurement stakeholders. Procurement management plan describes how the remaining procurement processes from developing procurement documents through contract closure will be managed and includes.

A core specialization of our team is purchasing and supply. Diploma in supply chain management module iii introduction this module unit is intended to equip the trainee with necessary knowledge, skills and attitudes that will enable himher to handle purchasing operations effectively in international markets. Strategies supply structure and design supply management strategies. The department of technology management and supply is part of the business administration group at the university of twente. You should understand that procurement is the materials management function concerned with acqui ring materials, while purchasing is the specific activity in procurement that is making the buy of. This video is part of the online course introduction to procurement management for university. The procurement management plan should describe how the remaining procurement processes from solicitation planning through contract closeout will. Project procurement management has several terms and concepts, which need to be studied and properly understood to perform well in the. Aau, aait, construction management, lecture notes, march 20, getaneh g. Supply chain management i about the tutorial supply chain management can be defined as the management of flow of products and services, which begins from the origin of products and ends with. Operations management for the procurement professional. Lecture 1 introduction to construction procurement process. Lesson 1 purchasing management concepts 101 learn main.

Lecture notes logistics and supply chain management. Procurement management is a very important knowledge area and many organizations owe their successful outcomes to project procurement managements best practices. Lecture notes, lectures 112 omgt1070 rmit university. Scm371notes 1 scm 371 notes procurement and supply. To put a through purchasing policy into a manual as purchasing management policy. If there is undue delay in awarding the contract, bank may consider declaring the same as misprocurement. Project management engineering, procurement and construction pdf identifying and covering riskscurrent trends pdf masdar city. Scm 371 notes procurement and supply management procurement tactical, operation, daytoday activities purchasing sourcing long term, strategic.

Ppt lecture notes on management information systems. To buy materials of the right quality, in the right quantity, from the right source delivered to the right place at the right time at the right price. Pdf strategic procurement management lecture notes by. Project procurement management, source selection process. Purchasing management takahiro fujimoto department of economics, university of tokyo. Here is a compilation of notes on the principles of management. Supply chain management encompasses the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities.

Lecture notes attained high distinction with this set of notes procurement and global s. Jul 06, 20 principles of management lecture notes 1. An introduction this material was produced with the financial assistance of the eu. To buy materials of the right quality, in the right quantity, from the right source delivered. Lecture notes 110 retail management uniti lecture no1 topic. Under the governance of national project management system, there was a requirement to produce a contracting procedure but considering the complexity and the level of information relating to the. Supply chain management is primarily concerned with the efficient integration of suppliers, factories, warehouses and stores so that merchandise is produced and distributed in the right quantities, to the right locations and at the right time, and so as to minimize total system cost subject to satisfying. Lecture notes, lectures 112 omgt1070 rmit university studocu. Material, quantity, time, place, source, service and price. You will find blc 30405 interesting as this course is aimed at providing you with procurement knowledge and skills in business organisations. Management procurement with the management procurement route, the client will appoint a full team of expert consultants to work on the design of the project, whilst also appointing an independent construction manager whose role is to manage, programme and coordinate the design. Since you have studied the course of supply chain management in your previous semester, you would understand that procurement is a major subsystem of supply chain.

In the context of this guide, supply chain management is concerned with the co ordination. This video is part of the online course introduction to procurement management for. Chapter 5 traditional project management lecture notes for. A pmp style approach to procurement authorstream presentation. International purchasing this unit or subject is examined by knec on those taking the following courses. Under the governance of national project management system, there was a requirement to produce a contracting procedure but considering the complexity and the level of information relating to the subject, a manual was produced. In short, procurement is obtaining goods, works, consultancy or other. Every effort has been professional table service sylvia meyer pdf made to ensure the profiles in courage by jfk pdf accuracy of the. Procurement lecture introduction to logistics supply chain. Introduction to procurement management free download as powerpoint presentation. The manual will provide assistance to the project management community for the procurement of consultant and.

Mba strategic management lecture notes pdf download mba. We are responsible for a diverse set of courses on technology management. Diploma in supply chain management module iii introduction this module unit is intended. Describe the interdependencies of procurement with other functions in the organisation. Purchase management is concerned with the procurement of proper equipment, materials and supplies of the right quantities, at the right prices at the right time. Every effort has been professional table service sylvia meyer pdf made to. Lesson 1 purchasing management concepts 101 learn main concepts in corporate purchasing. Project procurement management you will create procurement management plan procurement. The trainee should have the ability to relate financial management techniques to supply chain management. Vavalue analysisvevalue engineering value function. In europe, public authorities spend over 2000 billion a year to purchase goods and services. Unit i overview of management definition management role of managers evolution of management thought organization and the. Lecture 14, the procurement process, part 1 youtube. In view of the complex nature of the manufacturing activities today, purchasing has become a specialised function and separate purchase departments are established in almost all large concerns.

Issues in supply chain strategy courtesy of don rosenfield. You should understand that procurement is the materials management function concerned with acqui ring materials, while purchasing is the specific activity in procurement that is making the buy of materials. In parenthesis are examples of typical purchase management method for each category. The contents of the material is the sole responsibility of the members of the consortium involved in the eu asia inter university network for. Procurement and supply chain management notes pdf a practical guide for the supply chain management of. Distribution systems, identifying financial resources for procurement and supply chain.

The contents of the material is the sole responsibility of the members of the. Following are the four main working areas of concerns when it comes to procurement management. It is a key function for any retailer as this department is responsible for the procurement of. It consists of one interdisciplinary course per semester 10ec and the specialization in purchasing and supply management of four courses 20ec and the master thesis 30ec. Procurement management is known to help an organization to save much of the money spent when purchasing goods and services from outside. Project procurement management lecture slides docsity. Socioeconomic and cultural significance of management 3. To examine the relationship between the procurement function. Pscm muk faculty of management studies islamic university in ugandakampala campus strategic procurement management is the process of planning, implementing, evaluating, and controlling strategic and operating purchasing decisions for directing all activities. Objectives to firm up procurement arrangement for investment operations of the project. Universiti tun hussein onn malaysia uthmdepartment of construction management introduction to construction. The study notes explain topics that are important for pmp.

Explain the perspectives on procurement in business management. The process of obtaining sellers responses, selecting a seller, and awarding a contract. Procurement is the formal processes many organizations follow obtain goods and services. Attained a high distinction with this set of notes. Project procurement management study notes pmi, pmp, capm, pmbok, pm network and the pmi registered education provider logo are registered marks of the. Define the terms purchasing and procurement management.