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Unit 3: Purchasing Development
Description of unit
The aim of this unit is to develop underpinning knowledge and understanding which might lead to enhanced skills in the field of service or inventory procurement and supply chain management. It encourages learners to recognise the changing and developing role of purchasing as a strategic activity, its contribution to overall organisational objectives. This unit extends the basic understanding of the purchasing function and allows learners to apply this knowledge analytically, identifying opportunities for improving existing procurement systems. This unit also enables learners to take account of the importance and potential of e-commerce.
Summary of learning outcomes
To achieve this unit a learner must:
1 Demonstrate an understanding of the key role of the purchasing system as an integrated part of the overall development of organisational strategy
2 Evaluate the current and future effectiveness of an identified purchasing operational system
3 Propose viable changes to a purchasing system to secure increased effectiveness
4 Explain, with examples, the impact of e-commerce on the purchasing system identifying the advantages and disadvantages.
