Analyse and evaluate information on the procurement of goods in the supply chain

URN: SFLSCM95
Business Sectors (Suites): Supply Chain Management
Developed by: Lantra
Approved on: 2022

Overview

This standard is about analysing and evaluating information on the procurement of goods in the supply chain. It involves obtaining, collating and preparing the information, identifying critical factors and understanding the demand for goods. It also includes identifying problems with procurement and providing the results of the evaluation to colleagues.

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This standard is for supply chain practitioners. They could be, for example, in purchasing, freight logistics operations or transport management roles.


Performance criteria

You must be able to:

  1. ​clarify the purpose of the analysis and evaluation
  2. obtain the relevant information on the procurement of goods in the supply chain
  3. collate and prepare the information for analysis
  4. analyse the information on the procurement of goods in the supply chain
  5. use analysis methods and techniques that are relevant to the information
  6. evaluate the information on the procurement of goods in the supply chain
  7. identify critical factors that affect the procurement of goods in the supply chain
  8. identify the demand for goods in the supply chain
  9. identify any issues with the supply chain that require immediate action
  10. provide the results of the evaluation to colleagues in a way that helps to improve the performance of the supply chain

Knowledge and Understanding

You need to know and understand:

  1. ​your organisation's strategic aims, objectives and activities in relation to the supply chain
  2. the types of supply chain management theories, models and practices
  3. your organisation's information sources on supply chain processes
  4. the relevant legal, regulatory and organisational requirements for the procurement of goods in the supply chain
  5. the analysis methods and techniques relevant to the information
  6. the methods available for the evaluation of information on the procurement of goods in the supply chain
  7. the types of procurement theories, models and practices
  8. the types of performance measurement and benchmarking theories, models and practices used by your organisation to analyse and evaluate the procurement of goods
  9. the quality management theories, models and practices
  10. the financial analysis methods and procedures used by your organisation to assist with analysing and evaluating the procurement of goods
  11. the types of risk analysis methods and procedures

Scope/range


Scope Performance


Scope Knowledge


Values


Behaviours


Skills


Glossary

  1. Colleagues: permanent, temporary, agency staff, external
  2. Goods: any combination of goods or services that are procured, delivered or stored in the supply chain
  3. Supply chain: procurement, purchasing and supply, logistics, transport and operations management, within and between international boundaries

Links To Other NOS


External Links


Version Number

2

Indicative Review Date

2027

Validity

Current

Status

Original

Originating Organisation

Lantra

Original URN

SFLSCM95

Relevant Occupations

Retailing and Wholesaling, Transport Associate Professionals, Warehouse and Distribution

SOC Code

1243

Keywords

analyse; evaluate; information; procurement; supplies; supply chain