CQUniversity Unit Profile
LOGS12004 Supply Markets and Procurement
Supply Markets and Procurement
All details in this unit profile for LOGS12004 have been officially approved by CQUniversity and represent a learning partnership between the University and you (our student).
The information will not be changed unless absolutely necessary and any change will be clearly indicated by an approved correction included in the profile.
General Information

Overview

This unit will allow you to develop an appreciation and understanding of the broader factors contained within the Procurement function, including global supply markets and establishing contracts with local and international suppliers. You will examine procurement from different perspectives at the organisational level, to critically evaluate aspects of procurement, including strategies for creating and sustaining value through dealings in supply markets and structuring contracts. The unit seeks to develop analytical skills for evaluating global supply markets and encourages the adoption of a critical perspective of the procurement processes.

Details

Career Level: Undergraduate
Unit Level: Level 2
Credit Points: 6
Student Contribution Band: 10
Fraction of Full-Time Student Load: 0.125

Pre-requisites or Co-requisites

There are no requisites for this unit.

Important note: Students enrolled in a subsequent unit who failed their pre-requisite unit, should drop the subsequent unit before the census date or within 10 working days of Fail grade notification. Students who do not drop the unit in this timeframe cannot later drop the unit without academic and financial liability. See details in the Assessment Policy and Procedure (Higher Education Coursework).

Offerings For Term 2 - 2020

Online

Attendance Requirements

All on-campus students are expected to attend scheduled classes – in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).

Class and Assessment Overview

Recommended Student Time Commitment

Each 6-credit Undergraduate unit at CQUniversity requires an overall time commitment of an average of 12.5 hours of study per week, making a total of 150 hours for the unit.

Class Timetable

Bundaberg, Cairns, Emerald, Gladstone, Mackay, Rockhampton, Townsville
Adelaide, Brisbane, Melbourne, Perth, Sydney

Assessment Overview

1. Written Assessment
Weighting: 20%
2. Written Assessment
Weighting: 40%
3. Written Assessment
Weighting: 40%

Assessment Grading

This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of ‘pass’ in order to pass the unit. If any ‘pass/fail’ tasks are shown in the table above they must also be completed successfully (‘pass’ grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the ‘assessment task’ section (note that in some instances, the minimum mark for a task may be greater than 50%). Consult the University’s Grades and Results Policy for more details of interim results and final grades.

Unit Learning Outcomes
On successful completion of this unit, you will be able to:
  1. Assess and discuss the role of procurement in an organisation, its value and effectiveness.
  2. Analyse the factors that affect procurement (including contract) decisions when operating in domestic and global supply markets.
  3. Compare and contrast organisational internal and external environments and the effects on relationships with suppliers.
  4. Critically analyse procurement and contracting theories and actual experiences to support the development of a procurement model for businesses in different countries, industries and with different organisation structures.
  5. Evaluate processes and measures of performance in procurement.
Alignment of Learning Outcomes, Assessment and Graduate Attributes
N/A Level
Introductory Level
Intermediate Level
Graduate Level
Professional Level
Advanced Level

Alignment of Assessment Tasks to Learning Outcomes

Assessment Tasks Learning Outcomes
1 2 3 4 5
1 - Written Assessment - 20%
2 - Written Assessment - 40%
3 - Written Assessment - 40%

Alignment of Graduate Attributes to Learning Outcomes

Graduate Attributes Learning Outcomes
1 2 3 4 5
1 - Communication
2 - Problem Solving
3 - Critical Thinking
4 - Information Literacy
5 - Team Work
6 - Information Technology Competence
7 - Cross Cultural Competence
8 - Ethical practice
9 - Social Innovation
10 - Aboriginal and Torres Strait Islander Cultures

Alignment of Assessment Tasks to Graduate Attributes

Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7 8 9 10
1 - Written Assessment - 20%
2 - Written Assessment - 40%
3 - Written Assessment - 40%
Textbooks and Resources

Textbooks

Prescribed

Purchasing and Supply Chain Management

Edition: 3rd ed. (2014)
Authors: W. C. Benton Jr.
McGraw Hill Education
New York New York , New York , USA
ISBN: ISBN: 978 0 07 802411 5
Binding: Hardcover

Additional Textbook Information

There is a first edition available of the EBOOK Purchasing and Supply Chain Management 3e published in 2017. It is available at https://www.mheducation.com.au/ebook-purchasing-and-supply-chain-management-3e-9781308290560-aus#tab-label-product-description-title The ISBN is 9781308290560

IT Resources

You will need access to the following IT resources:
  • CQUniversity Student Email
  • Internet
  • Unit Website (Moodle)
Referencing Style

All submissions for this unit must use the referencing style: American Psychological Association 7th Edition (APA 7th edition)

For further information, see the Assessment Tasks.

Teaching Contacts
Swee Kuik Unit Coordinator
s.kuik@cqu.edu.au
Schedule
Week 1 Overview of Purchasing in the Supply Chain Begin Date: 13 Jul 2020

Module/Topic

Investigate the key stakeholders in the procurement process.

Organising an integrated procurement process. 

Compare and contrast centralised and decentralised procurement systems.  

Chapter

Read Chapter 1

Events and Submissions/Topic

Week 2 Purchasing and Procurement Decisions and Strategy Begin Date: 20 Jul 2020

Module/Topic

Discuss the role of purchasing in corporate strategy.

Explore the most important elements of the strategic planning process for procurement.

Explain how sourcing is integrated into corporate strategy.

Learn how to develop a strategic procurement plan. 

Chapter

Read Chapter 2

Events and Submissions/Topic

Week 3 The Legal Aspects of Purchasing Begin Date: 27 Jul 2020

Module/Topic

Discuss the legal environment of the procurement function.

Understand the extent of the purchasing professional's legal authority and the implications in relation to ethics.

Discuss contract and leasing issues obligations regarding an offer.

Chapter

Read Chapter 3

Events and Submissions/Topic

Week 4 Purchasing Procedures E-Procurement and Systems Contracting Begin Date: 03 Aug 2020

Module/Topic

Identify the steps in conventional procurement practices.

Investigate structures and main activities of typical purchasing departments.

Identify the technical requirements for e-procurement.

Introduce the RFID technology.

Chapter

Read Chapter 7

Events and Submissions/Topic

Business Report (Procurement Management) Due: Week 4 Monday (3 Aug 2020) 3:00 pm AEST
Week 5 Supplier Selection and Evaluation in Service Markets Begin Date: 10 Aug 2020

Module/Topic

Identify the qualifications of good suppliers.

Learn the key elements of the make-versus-buy decision.

Discuss supplier relationship management.

Explore supplier evaluation in a variety of industrial environments.


Chapter

Read Chapter 8

Events and Submissions/Topic

Vacation Week Begin Date: 17 Aug 2020

Module/Topic

Chapter

Events and Submissions/Topic

Week 6 Global Sourcing Begin Date: 24 Aug 2020

Module/Topic

Identify the drivers of increasing foreign trade.

Know  the basics of global sourcing.

Critically evaluate various global sourcing alternatives.

Know how to negotiate in different countries. 

Chapter

Read Chapter 9 and 10.

Events and Submissions/Topic

Week 7 Supply Partnerships in Service Markets and Supply Power Begin Date: 31 Aug 2020

Module/Topic

Understand the relationship between procurement, supply partnerships and supply chain power.


Chapter

Read Chapter 11

Events and Submissions/Topic

Week 8 Bargaining and Negotiation in Supply Markets. Begin Date: 07 Sep 2020

Module/Topic

Understand the difference between bargaining and negotiations.

Identify the difference between the psychological and economic aspects of bargaining.

Implement effective bargaining strategies.

Chapter

Read Chapter 14

Events and Submissions/Topic

Business Report (E-Procurement Systems) Due: Week 8 Friday (11 Sept 2020) 3:00 pm AEST
Week 9 Special Procurement Applications - Transport Services Begin Date: 14 Sep 2020

Module/Topic

Understand purchasing of transport services.

Discuss the nature of modern transport service delivery.

Know how to determine the appropriate price determination strategy for alternative transport modes.

Explain how third party relationships work.

Summarise the terms and conditions of transportation of merchandise.

Chapter

Read Chapter 15

Events and Submissions/Topic

Week 10 Special Procurement Applications - Equipment Acquisition and Disposal Begin Date: 21 Sep 2020

Module/Topic

Identify the issues in the capital equipment process.

Learn the three criteria applied to a cash flow analysis for equipment acquisition.

Discuss the role procurement plays in capital equipment acquisitions.

Chapter

Read Chapter 16

Events and Submissions/Topic

Week 11 Special Procurement Applications - Sourcing Professional Services Begin Date: 28 Sep 2020

Module/Topic

Understand the service sector characteristics and strategies.

Identify the activities involved in procuring professional services.

Discuss what is meant by scope of works and how professional services are priced.

Discuss how the critical path method is used to plan, and control complex projects.

Chapter

Read Chapter 18

Events and Submissions/Topic


Week 12 Total Quality Management and Purchasing. Begin Date: 05 Oct 2020

Module/Topic

Identify procurement's role in a firm within an overall quality assurance program.

Explore the various costs of a quality program and why it is difficult to measure these costs.

Know the mechanics of acceptance sampling for commodity purchasing.

Identify the advantages of statistical process control (SPC).

Chapter

Read Chapter 12.

Events and Submissions/Topic

Business Report (Global Sourcing) Due: Week 12 Friday (9 Oct 2020) 3:00 pm AEST
Review/Exam Week Begin Date: 12 Oct 2020

Module/Topic

Chapter

Events and Submissions/Topic

Exam Week Begin Date: 19 Oct 2020

Module/Topic

Chapter

Events and Submissions/Topic

Assessment Tasks

1 Written Assessment

Assessment Title
Business Report (Procurement Management)

Task Description

The assessment is designed for students to apply supply chain management and procurement concepts, methods and tools. The assessment involves writing a 1500-word business report responding to assessment questions related to specific topics and/or case material. Submit your 1500-word report through Turnitin in Moodle, with a cover sheet showing the unit name and number, assessment number, your name and student number. Assessment details and guidance will be provided on the unit website.

You can discuss your assessment ideas in the unit Assessment 1 Forum before you complete and submit the assessment.


Assessment Due Date

Week 4 Monday (3 Aug 2020) 3:00 pm AEST

online


Return Date to Students

Week 5 Friday (14 Aug 2020)

online


Weighting
20%

Assessment Criteria

Your report analysis, recommendations and presentation will be assessed according to the following criteria:

  • Thorough understanding of relevant supply chain management and procurement concepts, principles, theories, tools and models and the questions posed: 50%
  • Appropriate and well structured, concise and clear expression of supply chain and procurement management arguments: 20%
  • Clear flow of thought throughout the paper with a clear and succinct purpose described in the introduction and a clear and succinct conclusion: 10%
  • Critical analysis and integration of relevant academic and professional literature. A minimum of 8 academic journal articles must be used: 10%
  • Appropriate in-text referencing and reference list. Adherence to APA formatting: 5%
  • Clarity of expression, grammar, spelling and business report format (see below): 5%
  • Report length 1500-words.
  • Submissions must be in Business Report format using Word with 1.5 line spacing and Times Roman 12 point font.
  • Late submissions will also be penalised at the rate of "five per cent of the total marks available for the assessment each calendar day (full or part) it is overdue" 


Referencing Style

Submission
Online

Submission Instructions
Online through Moodle.

Learning Outcomes Assessed
  • Assess and discuss the role of procurement in an organisation, its value and effectiveness.
  • Evaluate processes and measures of performance in procurement.


Graduate Attributes
  • Problem Solving
  • Critical Thinking
  • Cross Cultural Competence
  • Ethical practice

2 Written Assessment

Assessment Title
Business Report (E-Procurement Systems)

Task Description

The assessment is designed for students to apply supply chain management and procurement concepts, methods and tools. The assessment involves writing a 2000-word business report responding to assessment questions related to specific topics and/or case material. Submit your 2000-word report through Turnitin in Moodle, with a cover sheet showing the unit name and number, assessment number, your name and student number. Assessment details and guidance will be provided on the unit website.

You can discuss your assessment ideas in the unit Assessment 2 Forum before you complete and submit the assessment.


Assessment Due Date

Week 8 Friday (11 Sept 2020) 3:00 pm AEST

Online


Return Date to Students

Week 10 Friday (25 Sept 2020)

Online


Weighting
40%

Assessment Criteria

Your report analysis, recommendations and presentation will be assessed according to the following criteria:

  • Thorough understanding of relevant supply chain management and procurement concepts, principles, theories, tools and models and the questions posed: 50%
  • Appropriate and well structured, concise and clear expression of supply chain and procurement management arguments: 20%
  • Clear flow of thought throughout the paper with a clear and succinct purpose described in the introduction and a clear and succinct conclusion: 10%
  • Critical analysis and integration of relevant academic and professional literature. A minimum of 8 academic journal articles must be used: 10%
  • Appropriate in-text referencing and reference list. Adherence to APA formatting: 5%
  • Clarity of expression, grammar, spelling and business report format (see below): 5%
  • Report length 2000-words.
  • Submissions must be in Business Report format using Word with 1.5 line spacing and Times Roman 12 point font.
  • Late submissions will also be penalised at the rate of "five per cent of the total marks available for the assessment each calendar day (full or part) it is overdue" 


Referencing Style

Submission
Online

Submission Instructions
Online through Moodle.

Learning Outcomes Assessed
  • Analyse the factors that affect procurement (including contract) decisions when operating in domestic and global supply markets.
  • Compare and contrast organisational internal and external environments and the effects on relationships with suppliers.
  • Critically analyse procurement and contracting theories and actual experiences to support the development of a procurement model for businesses in different countries, industries and with different organisation structures.


Graduate Attributes
  • Communication
  • Problem Solving
  • Critical Thinking
  • Team Work
  • Cross Cultural Competence
  • Ethical practice

3 Written Assessment

Assessment Title
Business Report (Global Sourcing)

Task Description

The assessment is designed for students to apply supply chain management and procurement concepts, methods and tools. The assessment involves writing a 2000-word business report responding to assessment questions related to specific topics and/or case material. Submit your 2000-word report through Turnitin in Moodle, with a cover sheet showing the unit name and number, assessment number, your name and student number. Assessment details and guidance will be provided on the unit website.

You can discuss your assessment ideas in the unit Assessment 3 Forum before you complete and submit the assessment.


Assessment Due Date

Week 12 Friday (9 Oct 2020) 3:00 pm AEST

Online


Return Date to Students

Online. In accordance with University policy, feedback for A3 will be provided after certification of grades.


Weighting
40%

Assessment Criteria

Your report analysis, recommendations and presentation will be assessed according to the following criteria:

  • Thorough understanding of relevant supply chain management and procurement concepts, principles, theories, tools and models and the questions posed: 50%
  • Appropriate and well structured, concise and clear expression of supply chain and procurement management arguments: 20%
  • Clear flow of thought throughout the paper with a clear and succinct purpose described in the introduction and a clear and succinct conclusion: 10%
  • Critical analysis and integration of relevant academic and professional literature. A minimum of 8 academic journal articles must be used: 10%
  • Appropriate in-text referencing and reference list. Adherence to APA formatting: 5%
  • Clarity of expression, grammar, spelling and business report format (see below): 5%
  • Report length 2000-words.
  • Submissions must be in Business Report format using Word with 1.5 line spacing and Times Roman 12 point font.
  • Late submissions will also be penalised at the rate of "five per cent of the total marks available for the assessment each calendar day (full or part) it is overdue"


Referencing Style

Submission
Online

Learning Outcomes Assessed
  • Analyse the factors that affect procurement (including contract) decisions when operating in domestic and global supply markets.
  • Compare and contrast organisational internal and external environments and the effects on relationships with suppliers.
  • Critically analyse procurement and contracting theories and actual experiences to support the development of a procurement model for businesses in different countries, industries and with different organisation structures.


Graduate Attributes
  • Communication
  • Problem Solving
  • Critical Thinking
  • Team Work
  • Cross Cultural Competence
  • Ethical practice

Academic Integrity Statement

As a CQUniversity student you are expected to act honestly in all aspects of your academic work.

Any assessable work undertaken or submitted for review or assessment must be your own work. Assessable work is any type of work you do to meet the assessment requirements in the unit, including draft work submitted for review and feedback and final work to be assessed.

When you use the ideas, words or data of others in your assessment, you must thoroughly and clearly acknowledge the source of this information by using the correct referencing style for your unit. Using others’ work without proper acknowledgement may be considered a form of intellectual dishonesty.

Participating honestly, respectfully, responsibly, and fairly in your university study ensures the CQUniversity qualification you earn will be valued as a true indication of your individual academic achievement and will continue to receive the respect and recognition it deserves.

As a student, you are responsible for reading and following CQUniversity’s policies, including the Student Academic Integrity Policy and Procedure. This policy sets out CQUniversity’s expectations of you to act with integrity, examples of academic integrity breaches to avoid, the processes used to address alleged breaches of academic integrity, and potential penalties.

What is a breach of academic integrity?

A breach of academic integrity includes but is not limited to plagiarism, self-plagiarism, collusion, cheating, contract cheating, and academic misconduct. The Student Academic Integrity Policy and Procedure defines what these terms mean and gives examples.

Why is academic integrity important?

A breach of academic integrity may result in one or more penalties, including suspension or even expulsion from the University. It can also have negative implications for student visas and future enrolment at CQUniversity or elsewhere. Students who engage in contract cheating also risk being blackmailed by contract cheating services.

Where can I get assistance?

For academic advice and guidance, the Academic Learning Centre (ALC) can support you in becoming confident in completing assessments with integrity and of high standard.

What can you do to act with integrity?