Define the different types and functions of the private sector; Describe the role and scope of procurement and supply in the private sector; Describe the role and scope of procurement and supply in the public sector; Describe the role and scope of procurement and supply in the not-for-profit and third sector; Explain how pricing arrangements are used in commercial agreements to ensure effective price and cost management; Identify the impact of the external environment on procurement and supply; Describe how the implications of economic criteria impact on procurement and supply; Describe how the implications of political and legislative criteria that impact on procurement and supply; Describe how the implications of environmental and ethical criteria impact on procurement and supply; Describe how the implications of social criteria impact on procurement and supply; Describe the types of documentation used in procurement and supply; Explain how documented policies and procedures are used within procurement and supply. Please click here for the detailed syllabus.
