Release 

Comments 

Release 2

This version first released with BSB Business Services Training Package Version 1.1.

Version created to correct mapping table information

Release 1

This version first released with BSB Business Services Training Package Version 1.0.

ELEMENT 

PERFORMANCE CRITERIA 

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Develop and document strategies for international purchasing

1.1 Research and analyse strategic implications for the organisation’s international purchasing

1.2 Research international market structures

1.3 Research and analyse export requirements of supplier country

1.4 Draft and submit for approval the organisation’s strategies for international purchasing

2. Implement international purchasing strategies

2.1 Communicate international purchasing strategies to relevant personnel and stakeholders

2.2 Provide support to stakeholders to implement international purchasing strategies

2.3 Monitor implementation of international purchasing strategies within the organisation

2.4 Identify and address problems and issues arising from implementation of international purchasing strategies

3. Undertake more complex international purchasing

3.1 Ensure that export markets and cultural considerations having a potential impact on international purchasing are researched and appropriate markets chosen

3.2 Research and apply relevant international legal requirements on sale of goods and Australian regulatory controls applicable to imports into Australia

3.3 Apply relevant INCOTERMS and trade terms to international purchasing

3.4 Draft exception clauses to business conditions

3.5 Clarify and resolve any discrepancies to the satisfaction of all parties

3.6 Prepare draft contract and access legal expertise to check legality of contract agreement

4. Determine payment strategies

4.1 Analyse financial risk and implement available controls

4.2 Identify source and availability of funds for payment

4.3 Research and analyse currency payment methods

4.4 Select currency payment methods

4.5 Plan and implement expenditure phasing

5. Arrange barter or countertrade

5.1 Research and analyse strategic implications of arranging specific barter or countertrade

5.2 Determine suppliers willing to engage in international barter or countertrade

5.3 Negotiate and reach agreement with partners on commercial conditions for proposed barter or countertrade

5.4 Prepare draft contract and access legal expertise to check legality of contract agreement

5.5 Approve and issue contracts

5.6 Investigate and resolve any disagreements and discrepancies to the satisfaction of all parties

6. Determine logistics strategies

6.1 Determine requirements for pre-shipment inspection and arrange inspection

6.2 Research and analyse shipping facilities and other transport risks

6.3 Research and analyse regulatory compliance requirements for importation into Australia

6.4 Develop logistics strategies for the organisation taking into account appropriate transport, insurance and regulatory compliance requirements

6.5 Gain approval from relevant personnel for implementation of logistics strategies

7. Evaluate international purchasing strategies and implement identified improvements

7.1 Review implementation of international purchasing strategies

7.2 Identify improvements to international purchasing strategies from the review process

7.3 Gain approval to implement improvements to international purchasing strategies

7.4 Communicate changes to relevant stakeholders and identify support provided to implement improvements

7.5 Monitor and review implementation of changes to determine effectiveness of improvements

Skill 

Performance 

Criteria 

Description 

Reading

1.1-1.3, 2.2-2.4, 3.1, 3.2, 3.6, 4.3, 5.1, 5.2, 5.4, 6.2-6.4, 7.1, 7.5

• Interprets complex textual information and determines how content may be applied to organisational requirements

Writing

1.4, 2.1, 3.4, 3.6, 5.4, 5.5, 6.4, 6.5, 7.3, 7.4

• Develops and revises strategic, contractual and purchasing material to appropriate to audience and context
• Completes authorisations according to requirements

Oral Communication

2.1, 2.2, 3.5, 5.3, 5.6, 7.3, 7.4

• Uses clear language and appropriate features to provide information to a variety of individuals
• Uses active listening and questioning techniques to convey and clarify information

Numeracy

1.1, 1.3, 2.3, 3.3, 4.1-4.5, 6.4

• Interprets financial information and makes calculations when considering commercial risks, purchasing strategies and insurance requirements

Navigate the world of work

1.1, 1.3, 2.1-2.4, 3.2, 3.3, 3.6, 5.1, 5.3, 6.3, 6.4

• Contributes to organisation's strategic directions
• Adheres to implicit and explicit organisational policies and procedures
• Complies with all legal requirements relevant to own rights and responsibilities and considers the implications of these when negotiating, planning and undertaking work

Interact with others

2.1, 2.2, 3.5, 5.3, 5.5, 5.6, 6.5, 7.3, 7.4

• Actively identifies the requirements of important communication exchanges, selecting appropriate channels, format, tone and content to suit purpose and audience
• Collaborates with others to provide support and negotiate agreement

Get the work done

1.1, 2.3, 2.4, 3.5, 4.1, 4.4, 4.5, 5.1, 5.2, 5.6, 6.1, 7.1, 7.2, 7.5

• Develops plans to manage complex international purchasing activities in a timely and logical manner
• Uses analytical skills to consider potential and actual problems and implement solutions or contingency plans
• Monitors outcomes of decisions, considering results from a range of perspectives, and identifying key concepts and principles that may be adaptable to future situations

Code and title  

current version 

Code and title 

previous version 

Comments 

Equivalence status 

BSBPUR503 Manage international purchasing

BSBPUR503C Manage international purchasing

Updated to meet Standards for Training Packages

Equivalent unit

Release 

Comments 

Release 2

This version first released with BSB Business Services Training Package Version 1.1.

Version created to correct mapping table information

Release 1

This version first released with BSB Business Services Training Package Version 1.0.