Level 2 Supply Chain - Choose Supplies and Suppliers for Business - Institute of Supply Chain Management
Tel: 0800 1422 522

Level 2 Supply Chain – Choose Supplies and Suppliers for Business

10 Unit Credit Values

  • Types of Supplies: Utilities; Raw materials; Components; Assemblies; Consumables; Capital goods; Maintenance, repair and operating (MRO) supplies; Commodities; Goods for re-sale
  • Resource Requirements: Amount of capital and finance available; Consumer demand & projected sales; Historical sales patterns; Quantity discounts; Storage space; Reliability of supply; Lead time
  • Different Suppliers and Purchase Options: Direct purchases; Indirect purchases; Need identification; Specify need; When an industry standard is available; When no industry standard is available; Determining sourcing options; Preferred supplier list; Approved supplier list; Supplier Agreements; Record Keeping
  • Storage: Storing supplies; Stockyards; ABC analysis; Fixed-location storage; Random location storage; Hazardous goods; High value supplies
  • Coding Systems: Numerical Codes; Alphanumeric Codes; Colour Coding; Bar Coding; Sequential Coding

The above is the unit content for the Choose Supplies and Suppliers for Business unit found in the Level 2 qualification. To view more units, click here and select the “Units” tab.

Learn More

Do you want more information?    Download Our Course Brochure