Level 2 Logistics and Transport - Introduction to Purchasing - Institute of Supply Chain Management
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Level 2 Logistics and Transport – Introduction to Purchasing

10 Unit Credit Values

  • Functions of a Purchasing System: life cycle costing; total acquisition cost model
  • Stages of the Life Cycle: planning and design; acquisition; storage; use; disposal
  • Stages of the Purchasing Process: goods or service needs and requests; authorisation; purchase orders; delivery; receipt; payment; order processing cycles
  • Methods to Gain Information: word-of-mouth; advertising and marketing; company information; sampling; SWOT analysis
  • Supplier Development: potential for partnership; scope for development; quantifiable outcomes

The above is the unit content for the Introduction to Purchasing unit found in the Level 2 qualification. To view more units, click here and select the “Units” tab.

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