Learning Outcomes
Learning Outcome – The learner will: | Assessment Criterion – The learner can: | |
1. Understand the relationship between supply chain management, operations management and organisational business objectives. | 1.1 | Critically explain the significance of effective supply chain and operational management in achieving organisational objectives. |
1.2 | Explain the relationship of supply chain management with other business functions in an organisation. | |
1.3 | Critically analyse the key success factors that aid in
developing an integrated supply chain strategy in an organisation. |
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2. Be able to critically analyse the role of technology in supplier relationships. | 2.1 | Critically evaluate factors and strategies that drive organisations to maintain supplier relationships. |
2.2 | Assess the use of information technology to create strategies to develop effective supplier relationships. | |
2.3 | Recommend supplier relations systems to maintain relationships with suppliers. | |
3. Be able to critically analyse the importance of logistics and procurement in supply chain management. | 3.1 | Justify the importance and use of logistics in supply chain management in an organisation. |
3.2 | Evaluate the effectiveness of procurement strategies and procedures in an organisation. | |
3.3 | Critically analyse factors that may improve logistics and procurement strategies in an organisation. | |
4. Be able to develop a systematic order of procurement and inventory control. | 4.1 | Design effective and economic order quantity for procurements in an organisation. |
4.2 | Critically evaluate the role of the principles of LIFO and FIFO in inventory control. | |
4.3 | Evaluate the just in time systems of managing inventory. | |
5. Be able to develop a strategy to improve an organisation’s supply chain. | 5.1 | Analyse factors involved in developing a strategy to improve an organisation’s supply chain. |
5.2 | Plan various supply chain strategies to improve an organisation’s supply chain. | |
5.3 | Justify the choice of a supply chain strategy according to its suitability, feasibility, acceptability and overall performance benefits in an organisation. |