Identify the common terms that describe aspects of procurement and supply; Identify the common terms that describe aspects of procurement and supply; Define components of a supply chain; Identify how effective procurement impacts on organisational efficiency; Define the five rights of procurement and supply; Identify the delivery of products and services made by external suppliers; Identify the delivery of products and services that organisations make to customers; Indicate stages of a sourcing process; Describe and explain effective and efficient administration; Describe and explain effective and efficient administration; Describe the administration of the award and post award stages of a sourcing process; Explain the need for approvals in the administration of procurement and supply; Identify good ethical practices and procedures within the context of the procurement and supply function. Please click here for the detailed syllabus.
