Overview

Procurement involves sourcing, ordering and purchasing supplies and efficient procurement management is essential for any professionally run organisation. The purchasing decision and acquisition of goods and services can require complex negotiations and may involve establishing, maintaining as well as terminating relationships with suppliers and vendors locally, nationally and globally. In this unit students will explore various facets of the procurement process, and consider how procurement management impacts on the organisation both financially and operationally.

Teaching periods
Location
Start and end dates
Last self-enrolment date
Census date
Last withdraw without fail date
Results released date
Semester 2
Location
Hawthorn
Start and end dates
29-July-2024
27-October-2024
Last self-enrolment date
11-August-2024
Census date
31-August-2024
Last withdraw without fail date
13-September-2024
Results released date
03-December-2024
Teaching Period 1
Location
Online
Start and end dates
10-March-2025
08-June-2025
Last self-enrolment date
23-March-2025
Census date
04-April-2025
Last withdraw without fail date
02-May-2025
Results released date
Semester 2
Location
Hawthorn
Start and end dates
04-August-2025
02-November-2025
Last self-enrolment date
17-August-2025
Census date
31-August-2025
Last withdraw without fail date
19-September-2025
Results released date
09-December-2025
Teaching Period 3
Location
Online
Start and end dates
03-November-2025
08-February-2026
Last self-enrolment date
16-November-2025
Census date
28-November-2025
Last withdraw without fail date
02-January-2026
Results released date

Learning outcomes

Students who successfully complete this unit will be able to:

  • Articulate and defend a purchasing decision in a given business context
  • Analyse how purchasing decisions influence the supply chain management process in a range of complex situations
  • Research and make judgements about issues that influence sourcing decisions in given environments
  • Work collaboratively in teams to communicate with stakeholders and to solve complex procurement problems

Teaching methods

Hawthorn

Type Hours per week Number of weeks Total (number of hours)
On-campus
Class
2.00 12 weeks 24
Online
Lecture
1.00 12 weeks 12
Unspecified Activities
Independent Learning
9.50 12 weeks 114
TOTAL150

Swinburne Online

Type Hours per week Number of weeks Total (number of hours)
Online
Directed Online Learning and Independent Learning
12.50 12 weeks 150
TOTAL150

Assessment

Type Task Weighting ULO's
AssignmentIndividual 30 - 40% 1,2,3 
AssignmentGroup 30 - 50% 1,2,3,4 
TestIndividual 20 - 30% 2,3 

Content

  • Organisational purchasing process and practices
  • Supplier selection processes
  • Maintaining relationship with suppliers
  • Importance of procurement in integrated supply chains
  • Factors influencing pricing
  • Importing goods and services, including the effect of currency fluctuations

Study resources

Reading materials

A list of reading materials and/or required textbooks will be available in the Unit Outline on Canvas.