1.1 assess the methods available for managing mate

1.1 assess the methods available for managing materials

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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 

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.