Demonstrate an understanding of the supply chain environment

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US No.  336713
NQF Level  05
Credits  10

Purpose:

This unit standard will enable learners to demonstrate an understanding of the supply chain environment. People credited with this unit standard will be able to know how to analyse spending and supply markets and identify appropriate supply chain strategies to apply in various circumstances.

A learner credited with this unit standard will be able to: 

  • Specify the difference between centralised and decentralised procurement.
  • Analyse the components and application of total cost of ownership (TCO) principles.
  • Conduct a supply market analysis.
  • Identify and analyse the process of selecting and evaluating suppliers.

Outcomes:

  1. Specify the difference between centralised and decentralised procurement.
  2. Analyse the components and application of total cost of ownership (TCO) principles.
  3. Conduct a supply market analysis.

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