Learn 2024

Information Technology is one of the principal drivers of innovation and globalization, and a strategic asset used by most business organizations to achieve their business goals.  As technology becomes more pervasive, and easier to use, it will become virtually impossible for individuals and organizations to be competitive in a fast-growing information society if they do not have knowledge of current technology as well as an awareness of the capacity of information technology (IT) to provide innovative solutions to problems. This is especially pertinent to the business sector where advances in technology have dramatically transformed many organizations. Information technologies have provided individuals, consumers, investors, businesses with valuable new tools for identifying and pursuing economic opportunities, including faster and more informed analyses of economic trends, easy transfers of assets, and collaboration with distant partners. It is within this context that the Information Management (BBA2IM) course seeks to familiarize students with information technology concepts that drive business success and innovations. The course curriculum is prefaced with managerial elements and interspersed with technical contents.

MODULE DESCRIPTION

The field of purchasing and supply management includes the functions of planning, organising, motivating and controlling the flow of purchased materials, products and services into and out of an organisation. The importance of purchasing is clear, as every business entity needs a supply of materials. Purchasing is responsible for this supply. Simply put, purchasing forms an important link between business entities and provides the trigger for moving materials through the supply chain. 

Some of the benefits of purchasing and supply management include: providing a significant competitive advantage; providing an efficient service to internal customers; providing a reliable flow of materials into an organisation; identifying and selecting the best suppliers; and maintaining supplier relationships. 

The aim of this module is to enable learners to understand the theoretical base and practical principles and concepts underlying purchasing management. It provides learners with a sound perspective and insight into the principles and strategies related to purchasing management in organisations and their supply chain partners. Particular emphasis is placed on the South African context.