Premised on growing complexity in supply chains, this course focuses on the globalisation of business and the associated outsourcing of production. These developments have created an environment replete with challenges as well as opportunities for supply contract managers.
This course is designed to provide you with the knowledge and skills necessary to successfully work in a global business context. It will enable you to negotiate, establish and effectively manage complex contractual relationships within contemporary global supply chains. You will develop an in-depth understanding of the different frameworks, systems and processes for contract creation and management, as well as the skills for anticipating and avoiding contractual risks.
Associate Professor Victor Gekara - School of Business IT and Logistics
Upon successful completion of this course, you will be able to:
- Critically evaluate the impact of the growing complexity of global business on supply contract relations;
- Discuss and apply the contractual frameworks and theories commonly used in supply relations;
- Critically analyse different supply contract disputes and suggest effective resolutions;
- Explain and apply the basic principles of the law of contracts in the formation of supply agreements;
- Compare and contrast different supply contract frameworks, systems and processes between different organisations; and
- Discuss the different types of contracts and assess their role and application.
Assessment for this course will occur at various times across the seven-week teaching period. In most cases, assessment should follow a similar structure to the below:
- A short assessment may occur in the first couple of weeks, driven mostly by peer-assessment or objective feedback as is the case of a survey quiz or contribution to discussion.
- Assessments that occur mid-study period (approximately week 2 to 5) will have a highly formative purpose, like an extended case study or a scenario role play. These are intended to provide an indication of performance and occur at this time to enable positive changes to future performance.
- Final assessments are usually summative, and generally draw the course's threshold concepts together. Your previous assessments will have directly prepared you for a summative-style assessment.
Rich, online feedback will be provided to you throughout the teaching period on practical exercises and by individual consultation, ideally within five business days.
Please note, unit structure and content are subject to change. Contact your RMIT Student Enrolment Advisor on 1300 701 171 for more information based on your particular circumstances.