- Module code: ES9W8
- Module name: Procurement and Inventory Management
- Department: Warwick Manufacturing Group
- Credit: 10
Module content and teaching
This course will put the emphasis on the design and management of processes and control systems of the inbound supply chain. The content that is covered in this course include procurement processes and strategies, risk pooling and multi-stage inventory control systems, value of collaboration and streamlined information and financial flow in supply chains, supplier relationship management as well as elementary and advanced methods for analysis and planning.
Principal learning outcomes
On completion, participants will be able to: Understand procurement and inventory management strategies, processes and organisational concepts and their links to further areas of the logistics system; Know where to collect information for planning or improving supply and stock keeping processes; Set requirements for supplier selection process and operate in procurement and inventory management processes; Define the right structure of the supply network and inventory control system; Use best practice solutions and state of the art control methods for managing the players of the supply chain considering logistics and financial aspects; Manage uncertainty risks of customer markets and their impact on demand and supply along multiple stages of the supply chain.
Timetabled teaching activities
Other essential notes
This is a full-time module
|Assessment group||Assessment name||Percentage|
|10 CATS (Module code: ES9W8-10)|
|A (Assessed work only)||Assessed work as specified by department||100%|
This module is available on the following courses: