AMB204 International Sourcing and Procurement
To view more information for this unit, select Unit Outline from the list below. Please note the teaching period for which the Unit Outline is relevant.
| Unit code: | AMB204 |
|---|---|
| Prerequisite(s): | 24 credit points of completed study |
| Antirequisite(s): | IBB312 |
| Equivalent(s): | AMX204 |
| Credit points: | 12 |
| Timetable | Details in HiQ, if available |
| Availabilities |
|
| CSP student contribution | $2,040 |
| Pre-2021 CSP student contribution | $1,597 The pre-2021 commonwealth supported place (CSP) contribution amount only applies to students enrolled in a course prior to 2021. To learn more, visit our Understanding your fees page. |
| Domestic tuition unit fee | $3,024 |
| International unit fee | $4,176 |
Unit Outline: Semester 1 2024, Gardens Point, Internal
| Unit code: | AMB204 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | 24 credit points of completed study |
| Equivalent: | AMX204 |
| Anti-requisite: | IBB312 |
| Coordinator: | Rumintha Wickramasekera | r.wickrama@qut.edu.au |
Overview
All organisations require supplies and depend on a reliable and quality source of their supplies whether they are raw materials, components, spare parts, consumables or services. The management of these supplies is a complex logistics process and is often of strategic importance both in global and domestic markets. This unit is provided to examine the role of international procurement and purchasing in this process.
Learning Outcomes
On successful completion of this unit you will be able to:
- Analyse and evaluate the role and purpose of purchasing and supply management within an organisation and justify its importance in any organisation
- Critically examine and communicate the principles and practices involved in purchasing and supply management
- Develop and evaluate the procedures necessary to adopt a strategic approach to purchasing and supply management in order to establish appropriate supply arrangements and to maintain productive relationships with supplier networks
- Identify and apply the principles and recommended methods of managing the function of purchasing and supply so as to provide ongoing delivery of goods and services into the organisation to enable the organisation to achieve its goals
Content
- Introduction to the study of international purchasing and procurement
- Critical analysis of the international purchasing and supply function
- Product and service specification, value analysis, and meeting client's needs
- Supplier evaluation, selection and certification in a global context
- Ethical and environmental issues to be considered in the management of international purchasing and supply
- Analysis of international markets, cost behaviour and pricing methods
- International contracts for purchasing and supply of goods
- Gaining competitive advantage through purchasing and supply
- Practice of global sourcing
- Integration of e-commerce applications into the international purchasing and supply processes
- Trends and expected difficulties with international purchasing and supply management
QUT Business Capabilities (Undergraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge and Technological Skills (KS)
1.1 Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
1.2 Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Higher Order Thinking (HO)
2.1 Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
2.2 Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Professional Communication (PC)
3.1 Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
3.2 Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Teamwork and Self (TS)
4.1 Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
4.2 Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Social, Ethical and Global Understanding (SE)
5.1 Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
5.2 Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Learning Approaches
Two hours of lectures a week plus one hour of tutorial/seminar. Lectures introduce the core concepts, functions and procedures of purchasing and procurement related topics. The tutorial work will focus upon select issues, cases and exercises designed to develop understanding in this area of knowledge.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
The assessment in this unit aims to support your achievement of the learning objectives for both Discipline Knowledge and Skills and Other Graduate Capabilities. Assessment has been designed in order to allow you to:
- Receive feedback on your learning as you progress toward the development of knowledge, understanding, skills and attitudes (formative assessment); and
- Demonstrate your learning in order to achieve a final grade (summative assessment).
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Presentation and written analysis
Individual online recording of presentation with individual written submission. Presentations will be based on the issues covered in the lectures.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.2), PC (3.2)
This is an assignment for the purposes of an extension.
Assessment: International sourcing report
An individual assignment based on issues covered in the unit.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.1), PC (3.1)
This is an assignment for the purposes of an extension.
Academic Integrity
Students are expected to engage in learning and assessment at QUT with honesty, transparency and fairness. Maintaining academic integrity means upholding these principles and demonstrating valuable professional capabilities based on ethical foundations.
Failure to maintain academic integrity can take many forms. It includes cheating in examinations, plagiarism, self-plagiarism, collusion, and submitting an assessment item completed by another person (e.g. contract cheating). It can also include providing your assessment to another entity, such as to a person or website.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Further details of QUT’s approach to academic integrity are outlined in the Academic integrity policy and the Student Code of Conduct. Breaching QUT’s Academic integrity policy is regarded as student misconduct and can lead to the imposition of penalties ranging from a grade reduction to exclusion from QUT.
Resources
Resource Materials
Recommended text(s)
Monczka RM, Trent RJ, Handfield RB, 2016, Purchasing and Supply Chain Management 6th edn, Thomson South-Western, Mason Ohio. (Please note: This book is available to all AMB204 students via the QUT library as an e-book.)
See Canvas for further resources.
Risk Assessment Statement
There are no out-of-the-ordinary risks associated with lectures or tutorials in this unit. You should, however, familiarise yourself with evacuation procedures operating in the buildings in which you attend classes and take the time to
view the Emergency video.
Unit Outline: Semester 1 2024, Online
| Unit code: | AMB204 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | 24 credit points of completed study |
| Equivalent: | AMX204 |
| Anti-requisite: | IBB312 |
Overview
All organisations require supplies and depend on a reliable and quality source of their supplies whether they are raw materials, components, spare parts, consumables or services. The management of these supplies is a complex logistics process and is often of strategic importance both in global and domestic markets. This unit is provided to examine the role of international procurement and purchasing in this process.
Learning Outcomes
On successful completion of this unit you will be able to:
- Analyse and evaluate the role and purpose of purchasing and supply management within an organisation and justify its importance in any organisation
- Critically examine and communicate the principles and practices involved in purchasing and supply management
- Develop and evaluate the procedures necessary to adopt a strategic approach to purchasing and supply management in order to establish appropriate supply arrangements and to maintain productive relationships with supplier networks
- Identify and apply the principles and recommended methods of managing the function of purchasing and supply so as to provide ongoing delivery of goods and services into the organisation to enable the organisation to achieve its goals
Content
- Introduction to the study of international purchasing and procurement
- Critical analysis of the international purchasing and supply function
- Product and service specification, value analysis, and meeting client's needs
- Supplier evaluation, selection and certification in a global context
- Ethical and environmental issues to be considered in the management of international purchasing and supply
- Analysis of international markets, cost behaviour and pricing methods
- International contracts for purchasing and supply of goods
- Gaining competitive advantage through purchasing and supply
- Practice of global sourcing
- Integration of e-commerce applications into the international purchasing and supply processes
- Trends and expected difficulties with international purchasing and supply management
QUT Business Capabilities (Undergraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge and Technological Skills (KS)
1.1 Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
1.2 Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Higher Order Thinking (HO)
2.1 Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
2.2 Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Professional Communication (PC)
3.1 Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
3.2 Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Teamwork and Self (TS)
4.1 Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
4.2 Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Social, Ethical and Global Understanding (SE)
5.1 Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
5.2 Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Learning Approaches
Two hours of lectures a week plus one hour of tutorial/seminar. Lectures introduce the core concepts, functions and procedures of purchasing and procurement related topics. The tutorial work will focus upon select issues, cases and exercises designed to develop understanding in this area of knowledge.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
The assessment in this unit aims to support your achievement of the learning objectives for both Discipline Knowledge and Skills and Other Graduate Capabilities. Assessment has been designed in order to allow you to:
- Receive feedback on your learning as you progress toward the development of knowledge, understanding, skills and attitudes (formative assessment); and
- Demonstrate your learning in order to achieve a final grade (summative assessment).
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Presentation and written analysis
Individual online recording of presentation with individual written submission. Presentations will be based on the issues covered in the lectures.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.2), PC (3.2)
This is an assignment for the purposes of an extension.
Assessment: International sourcing report
An individual assignment based on issues covered in the unit.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.1), PC (3.1)
This is an assignment for the purposes of an extension.
Academic Integrity
Students are expected to engage in learning and assessment at QUT with honesty, transparency and fairness. Maintaining academic integrity means upholding these principles and demonstrating valuable professional capabilities based on ethical foundations.
Failure to maintain academic integrity can take many forms. It includes cheating in examinations, plagiarism, self-plagiarism, collusion, and submitting an assessment item completed by another person (e.g. contract cheating). It can also include providing your assessment to another entity, such as to a person or website.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Further details of QUT’s approach to academic integrity are outlined in the Academic integrity policy and the Student Code of Conduct. Breaching QUT’s Academic integrity policy is regarded as student misconduct and can lead to the imposition of penalties ranging from a grade reduction to exclusion from QUT.
Resources
Resource Materials
Recommended text(s)
Monczka RM, Trent RJ, Handfield RB, 2016, Purchasing and Supply Chain Management 6th edn, Thomson South-Western, Mason Ohio. (Please note: This book is available to all AMB204 students via the QUT library as an e-book.)
See Canvas for further resources.
Risk Assessment Statement
There are no out-of-the-ordinary risks associated with lectures or tutorials in this unit. You should, however, familiarise yourself with evacuation procedures operating in the buildings in which you attend classes and take the time to
view the Emergency video.