1.1 assess the methods available for managing materials

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1.1 assess the methods available for managing materials

Unit 23: Engineering Procurement Unit code: F/601/1500

Learning outcomes

On successful completion of

this unit a learner will:

Assessment criteria for pass

The learner can:

LO1 Understand the principles of

resource management and

its application to an

engineering operation

1.1 assess the methods available for managing materials

1.2 explain the principles involved when procuring

equipment and the ongoing requirements over the life of

that equipment

LO2 Understand how the

procurement strategy

contributes to the

achievement of an

engineering operation’s

objectives

2.1 recommend procurement systems and processes with

related performance indicators and benchmarking for an

engineering operation

2.2 analyse the risks involved in a procurement strategy

2.3 examine the role of the procurement officer within an

engineering operation

LO3 Understand the importance

of the procurement

contract and its application

to engineering operations

3.1 explain the importance of a procurement contract

3.2 evaluate the sourcing issues for a procurement situation

using a range of suppliers

3.3 review the management techniques used to appraise and

evaluate the suppliers of an engineering management

operation

LO4 Understand procurement

pricing and management

strategies within an

engineering organisation

4.1 explain the management strategies that can be used to

maximise the purchasing power of the procurement

officer

4.2 compare pricing management techniques used in an

engineering procurement situation

LO5 Be able to review and

evaluate procurement

strategies within an

engineering organisation

5.1 plan a review and evaluation to measure the success of a

company’s procurement strategy

5.2 conduct a review and evaluation for a procurement

scenario in an engineering operation.