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Purchasing and Supply Management Fundamentals (PSM) Teaching Event

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Staffordshire University

Law Building

Leek Road

Stoke-on-Trent

ST4 2DE

United Kingdom

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Description

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This event is restricted to current Staffordshire University students only.

Learning Outcomes

By successful completion of the module, you will be able to:

  1. Identify the basic role, benefits, processes and aspects of a PSM department and a variety of specific job roles.

  2. Apply a range of purchasing techniques and tools to purchasing activities.

  3. Describe cross-functional connections between purchasing and other departments, and departments' connections to external stakeholders.

  4. Identify opportunities and challenges when acting as the interface between internal customer requirements and external supply networks.

  5. Evaluate trends and developments in PSM and interpret their consequences.

Programme

Day 1

09:00–09:30 Registration and Refreshments

09:30–10:00 Welcome to the event, the PERFECT project, introductions and structure

10:00–11:30 Session 1

  • Core definitions

  • PSM in its organisational context

  • Benefits of effective PSM

11:30–11:40 Refreshments

11:40–13:00 Session 2

  • The Purchasing Process based on one commodity

  • Developing Specifications

  • Stakeholder Management

13:00–14:00 Lunch

14:00–16:00 Session 3

  • Supply Market evaluation

  • Negotiation

16:00–16:10 Refreshments

16:10–17:30 Session 4

  • Supplier Performance Management & Development

  • Wrap up and preparation of questions for guest lecture

Day 2

09:00–10:00 Guest Lecture & Q&A

Nigel Peake, Head of Procurement at Staffordshire University: his career, rangeof job roles, challenges and trends in procurement

10:00–10:15 Refreshments

10:15–11:30 Session 5

Future trends and challenges in PSM

  • What will change and why?

  • Short introduction into digitisation: What is it? Definitions, Examples; PSM context

  • Short introduction into sustainability: What is it? Definitions, Examples, PSM context

  • Interrelation of different trends

11:30–12:00 Introduction to afternoon presentation activity

  • Presentation of the case

  • Introduction of exercise and question to be prepared

  • Sustainability case

  • Digitalisation case

  • Group forming

  • Q&A

General: Starbucks case (book “Purchasing and Supply Management – A sustainability perspective”) à Students read business case, search for additional information online and prepare the questions for the presentation

Sustainability case:

  • Describe the business case, the situation and challenges for the company.

  • How is the PSM department involved in the sustainability challenge? What is the role of the PSM department? How can it contribute to the companies’ sustainability performance?

  • Look at the process steps that were discussed the day before. Please develop ideas how sustainability can be integrated in these process steps, based on what you see in the case study.

  • How can digitisation support sustainability in the process steps?

Digitalisation case:

  • Describe the business case, the situation and challenges for the company.

  • Which criteria for supplier selection could be considered related to digital maturity? How can digitisation help to establish long-term supplier relationships?

  • How can digitisation be applied to cost management and for reduction of market price dependencies (think of e.g. forecasting, predictive analytics)?

  • Look at the process steps that were discussed the day before. Please develop ideas on which of these or other purchasing related processes and tasks can be supported by digitisation and how.

  • How can digitisation support sustainability in the case?

12:00–13:00 Lunch

13:00–14:30 Group preparation of case studies and presentations

14:30–15:00 Refreshments

15:00–16:30 Group Presentations, Feedback & Wrap-up

16:30–17:30 Certificate awards & Feedback

Reading

Although we will not be following a text book on a chapter by chapter basis, the following book contains a wealth of detailed information on the subjects we will be covering:

Lysons, K. & Farrington, B. (2005), Purchasing and Supply Chain Management, 7th edition Financial Times/ Prentice Hall. [Available as an eBook from the library].

You will also find the following texts of use:

Johnsen, T.E., Howard, M., Miemczyk, J. (2014). Purchasing and Supply Chain Management – A Sustainability Perspective. Routledge: Oxon, England.

Johnson, P. F. and Flynn, A. E. (2015) Purchasing and Supply Management. 15th Edition. Mc Graw Hill: New York, USA.

Monczka, R. M., Handfield, R. B., Giunpero, L. C., Patterson, J. L. (2015) Purchasing & Supply Management. 6th Edition. Cengage Learning: Boston, USA.

Van Weele, A. (2014). Purchasing and Supply Chain Management. 6th Edition. Cengage Learning: Hampshire, England.

Tate, Wendy/Fawcett, Stan/Schoenherr, Tobias/Ashenbaum, Bryan/Carter,

Craig/Bals, Lydia (2016): Purchasing & Supply Management: Enhancing Competitiveness and Customer Value, My Educator, LLC: Orem, UT.

Good journals are peer-­reviewed meaning that the journal articles have all been reviewed by other academics and experts to ensure the quality of the article. Examples of good journals in this area include (this is not an exhaustive list):

Journal of Purchasing & Supply Management

Journal of Supply Chain Management

Supply Chain Management: An International Journal

International Journal of Operations and Production Management

Journal of Operations Management

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Date and Time

Location

Staffordshire University

Law Building

Leek Road

Stoke-on-Trent

ST4 2DE

United Kingdom

View Map

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