Bachelor of Commerce in Supply Chain Management
Business, Commerce and Management Studies - Finance Economics and Accounting
Purpose and Rationale
Purpose:
The Bachelor of Commerce (BCom) in Supply Chain Management (SCM) offers a combination of theory and practice in the field of Supply Chain Management. The qualification enables learners to develop an integrated conceptual understanding, synthesis and application of specific issues in supply chain management, management skills and planning skills. It will also enable learners to demonstrate integrated knowledge of Economics. In addition, the qualification is aimed at equipping first-line managers with the necessary skills required to fulfil their management role within the supply chain environment and to be able to engage in processes across the value chain sector so as to create sustainable value for organisations. The Bachelor of Commerce in Supply Chain Management provides an overview of supply chain management practice in a national and international context. Upon completion, the qualifying learner will be able to:
- Demonstrate an understanding of the individual functional areas of business management which ultimately form a synergistic whole that directs a business towards its goals.
- Gather, process and record relevant information to compile statements of comprehensive income, statements of changes in equity and statements of financial position.
- Solve economic problems in different economic systems, e.g. how different organisations make decisions as well as how prices are determined.
- Demonstrate knowledge of the modern integrated approach to the management of the supply of materials and services to organisations and insight into the impact of such an approach.
- Demonstrate knowledge of logistics management.
- Demonstrate an understanding of the importance of ethics to business in general and to supply chain professionals.
Rationale:
The qualification is directed towards persons occupying or intending to occupy junior and middle management positions in private and public sector organisations and who are also aspiring towards senior management positions. The qualification is of special interest to those who wish to pursue a career in Supply Chain Management. The qualification is designed to provide the learner with a theoretical understanding and working application of the principles, competencies and practical skills essential for the effective management of organisations, with specialisation in the Supply Chain function. The BCom (SCM) also offers persons in employment the opportunity to improve their qualifications and to become more knowledgeable about the discipline. The Bachelor of Commerce in Supply Chain Management is designed to:
- Contribute to regional and national goals by facilitating capacity building and human resource development.
- Empower learners with knowledge, skills and competencies necessary to function and engage in the processes and inter-relationships across the business sector.
- Recognise and cater for the career needs of learners who are in full-time employment.
- Broaden the social base of learners in higher education by targeting learners with work experience.
Outcomes
- Demonstrate an understanding of the individual functional areas of business management which ultimately form a synergistic whole that directs a business towards its goals.
- Gather, process and record relevant information to compile statements of comprehensive income, statements of changes in equity and statements of financial position.
- Understand how prices are determined.
- Demonstrate knowledge of the modern integrated approach to the management of the supply of materials and services to organisations and show insight into the impact of such an approach.
- Demonstrate knowledge of logistics management.
- Demonstrate an understanding of the importance of ethics to business in general and to supply chain professionals.
Assessment Criteria
Associated Assessment Criteria for Exit Level Outcome 1:
- Resources Used in Business Decisions: Explanations provided.
- General Management Principles: Functional understanding applied.
- Organisation and Management Relationship: Explained.
- Organising as a Management Function: Discussed, relationship with other managerial functions explained.
- Scope and Challenges of Management: Discussed.
- Workforce Diversity Management: Explained.
- Negotiation Process: Described.
- Nature of Communication in an Organisation: Described.
Associated Assessment Criteria for Exit Level Outcome 2:
- Accounting Concepts and Principles: Understood and applied appropriately.
- Recording and Interpreting Financial Data: Done.
- Preparation of Financial Statements: for different forms of ownership.
- Preparation of Cash Flow Statements: Done.
- Recording Financial Transactions: for organisations and societies-not-for-gain.
Associated Assessment Criteria for Exit Level Outcome 3:
- Measurement of Economic Activity: Done, prices of goods/services determined.
- Understanding of Market Mechanism: Market forces, demand and supply interactions, economic problems understood.
- Consumer Behaviour, Production, Costs: Basic theories understood.
- Market Structures, Pricing, Distribution: Understood.
- Application of Economic Theories: to managerial situations.
Associated Assessment Criteria for Exit Level Outcome 4:
- Strategic Importance of Supply Chain Design: Understood.
- Factors Affecting Supply Chain Performance: Evaluated.
- Analytical Methodologies for Supply Chain Analysis: Identified and applied.
- Utilisation of Supply Chain Management Theory: for quality, timeliness, continuous improvement.
- Supply Chain Relationship Management: Theory used for networking downstream firms.
Associated Assessment Criteria for Exit Level Outcome 5:
- Role of Logistics in Economy and Organisation: Explained.
- Design and Management of Distribution Channels: Done.
- Application of Logistics Management Principles: Done.
- Understanding of Transportation in Supply Chain: Understood.
- Logistics Performance Evaluation: Undertaken, improvements recommended.
Associated Assessment Criteria for Exit Level Outcome 6:
- Understanding and Application of Ethics and Business Ethics: in supply chain management.
- Analysis and Evaluation of Business Situations from an Ethical Perspective: Done.
- Consideration of Corporate Social Responsibility: in decision-making.
- Utilisation of Corporate Governance Principles: for embedded values.
- Ethical Conduct in Procurement: Areas of concern understood, actions taken.
Integrated Assessment:
- Assessment Practices: Transparent, fair, valid, reliable.
- Integration of Learning, Teaching, and Assessment: Ensured.
- Formative and Summative Assessment Methods: Employed.
- Variety of Assessment Methods: Used, including case studies, report writing, interpretative and analytical problem solving, work-based assignments, self-assessment activities.
Qualification Details
- Type
- National First Degree
- NQF Level
- 07
- Min. Credits
- 360
- SAQA Source
- More Information
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