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Unit of competency details

BSBPUR501 - Develop, implement and review purchasing strategies (Release 2)

Summary

Releases:

Release	Status	Release date
2 2 (this release)	Current	09/Apr/2015	Compare 2
1 (View details for release 1)	Replaced	25/Mar/2015	Compare 1

Usage recommendation:

Superseded

Mapping:

Mapping	Notes	Date
Is superseded by and equivalent to BSBPRC501 - Manage procurement strategies		26/Sep/2018
Supersedes and is equivalent to BSBPUR501C - Develop, implement and review purchasing strategies	Updated to meet Standards for Training Packages	24/Mar/2015

Companion volumes:

Unit Of competency

Companion Volume implementation guides are found in VETNet

Assessment requirements

Companion Volume implementation guides are found in VETNet

Delivery:

Find RTOs approved to deliver this unit of competency.

Training packages that include this unit

Code	TitleSort Table listing Training packages that include this unit by the Title column	Release
HLT - Health	Health	2.0-4.1
CUA - Creative Arts and Culture Training Package	Creative Arts and Culture Training Package	2.0-4.1
BSB - Business Services Training Package	Business Services Training Package	1.1-2.0

Qualifications that include this unit

Code	TitleSort Table listing Qualifications that include this unit by the Title column	Release
HLT57715 - Diploma of Practice Management	Diploma of Practice Management	1
CUA60213 - Advanced Diploma of Live Production and Management Services	Advanced Diploma of Live Production and Management Services	2-4
CUA50415 - Diploma of Live Production and Technical Services	Diploma of Live Production and Technical Services	1-3
BSB51515 - Diploma of Purchasing	Diploma of Purchasing	1
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Classifications

Scheme	Code	Classification value
ASCED Module/Unit of Competency Field of Education Identifier	089901	Purchasing, Warehousing And Distribution

Classification history

Scheme	Code	Classification value	Start date	End date
ASCED Module/Unit of Competency Field of Education Identifier	089901	Purchasing, Warehousing And Distribution	30/Jul/2015

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Content

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Unit Of competency

Modification History

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.

Application

This unit describes the skills and knowledge required to develop, implement and evaluate an organisation's purchasing strategies, and implement improvements to those strategies.

It applies to individuals working in organisations in roles such as senior purchasing officer or purchasing manager, supporting the work of other employees carrying out purchasing activities. While an individual may work closely with other staff members in the organisation, they have individual responsibility and autonomy to develop, communicate and implement organisational purchasing strategies.

No licensing, legislative, regulatory or certification requirements apply to this unit at the time of publication.

Unit Sector

Administration Purchasing and Contracting

Elements and Performance Criteria

ELEMENT	PERFORMANCE CRITERIA
Elements describe the essential outcomes.	Performance criteria describe the performance needed to demonstrate achievement of the element.
1. Determine purchasing objectives	1.1 Research and analyse the suitability of industry benchmarks for purchasing for the organisation 1.2 Analyse organisation s purchasing data and information 1.3 Undertake consultations with relevant stakeholders and personnel to inform development of purchasing objectives 1.4 Draft purchasing objectives in line with organisation s goals 1.5 Gain approval from relevant personnel for purchasing objectives
2. Develop purchasing strategies	2.1 Develop purchasing strategies, taking into account legal requirements and purchasing objectives 2.2 Include the five rights of purchasing criteria 2.3 Develop human resource, financial and other plans to support implementation of purchasing strategies 2.4 Make changes resulting from feedback from relevant personnel about purchasing plans and strategies 2.5 Gain approval for plans to implement purchasing plans and strategies
3. Implement purchasing strategies	3.1 Communicate purchasing strategies to relevant personnel and stakeholders 3.2 Access resources needed to implement purchasing strategies 3.3 Provide support to implement purchasing strategies 3.4 Monitor implementation of purchasing strategies by the organisation 3.5 Identify and address problems and issues arising during implementation of purchasing strategies 3.6 Provide reports to relevant personnel and stakeholders on the implementation of purchasing strategies
4. Evaluate purchasing strategies and implement improvements	4.1 Review implementation of purchasing strategies 4.2 Identify improvements to purchasing strategies from review process 4.3 Gain approval to implement improvements to purchasing strategies 4.4 Communicate improvements to relevant stakeholders and provide support to implement improvements 4.5 Monitor and review implementation of improvements to determine their effectiveness

Foundation Skills

This section describes language, literacy, numeracy and employment skills incorporated in the performance criteria that are required for competent performance.

Skill	Performance Criteria	Description
Reading	1.1, 1.2, 1.4, 2.1, 2.3, 2.4, 3.1, 4.1, 4.5	Interprets textual information from a range of sources and determines how content may be applied to organisational requirements
Writing	1.4, 2.1, 2.3-2.5, 3.1, 3.3, 4.3, 4.4	Develops complex material to convey explicit information and results using clear and detailed language appropriate to relevant audience and context
Oral Communication	1.3, 1.5, 2.4, 3.1, 3.3, 4.3, 4.4	Communicates verbally using 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	1.2	Interprets a range of numerical data to determine purchasing objectives
Navigate the world of work	1.4, 2.1	Appreciates the implications of organisational, legal and regulatory responsibilities that relate to own work
Interact with others	1.3, 1.5, 2.5, 3.1, 3.3, 3.6, 4.3, 4.4	Liaises with suppliers and relevant stakeholders to negotiate agreement on purchasing strategies Selects the appropriate form, channel and mode of communication for a specific purpose relevant to own role
Get the work done	1.1, 1.2, 1.5, 2.4, 3.2-3.6, 4.2, 4.4, 4.5	Accepts responsibility for planning, prioritising and sequencing complex tasks and workload Uses analytical processes to generate and evaluate possible solutions to problems Reflects on outcomes to identify possible improvements

Unit Mapping Information

Code and title

current version

Code and title

previous version

Comments

Equivalence status

BSBPUR501 Develop, implement and review purchasing strategies

BSBPUR501C Develop, implement and review purchasing strategies

Updated to meet Standards for Training Packages

Equivalent unit

Links

Companion Volume implementation guides are found in VETNet - https://vetnet.education.gov.au/Pages/TrainingDocs.aspx?q=11ef6853-ceed-4ba7-9d87-4da407e23c10

Assessment requirements

Modification History

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.

Performance Evidence

Evidence of the ability to:

develop purchasing objectives and strategies for an organisation
implement purchasing strategies developed in an organisation
evaluate and implement improvements to purchasing strategies in an organisation.

Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.

Knowledge Evidence

To complete the unit requirements safely and effectively, the individual must:

summarise key provisions of relevant legislation that affect purchasing and contracting
explain 'the five rights'
outline industry benchmarks for purchasing
outline organisation policies and procedures related to:

business terms and conditions for purchasing
contracting and tendering
ethical behaviour
purchasing.

Assessment Conditions

Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the administration purchasing and contracting field of work and include access to:

organisation policies and procedures
purchasing strategies and relevant purchasing records
office equipment and supplies
case studies and, where possible, real situations.

Assessors must satisfy NVR/AQTF assessor requirements.

Links

Companion Volume implementation guides are found in VETNet - https://vetnet.education.gov.au/Pages/TrainingDocs.aspx?q=11ef6853-ceed-4ba7-9d87-4da407e23c10

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