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GDP (Gross Domestic Product): Measures total economic output.
Inflation: Measures how fast prices are rising (and your paycheck is shrinking).
Unemployment Rate: Who wants a job but can’t find one.
Interest Rates: The cost of borrowing money; central banks tweak this to steer economies.
This course provides learners with an in-depth understanding of public procurement processes, focusing on the legal, ethical, and operational frameworks that govern public sector purchasing in Kenya. Students will explore the Public Procurement and Asset Disposal Act (PPADA), 2015, procurement planning, tendering methods, contract management, and emerging trends like e-procurement and sustainable sourcing.
The course also emphasizes transparency, accountability, and risk management, equipping learners with practical tools and knowledge to participate in and manage public procurement processes effectively.
By the end of this course, students will be able to:
Apply legal and regulatory frameworks in procurement decisions.
Develop and evaluate procurement plans and tenders.
Manage procurement contracts within public sector guidelines.
Identify and mitigate procurement-related risks.
Uphold ethical standards and promote inclusive procurement practices.
Public procurement refers to the purchase by governments and state-owned enterprises of goods, services and works. It is a crucial pillar of services delivery for governments. As it accounts for a large share of the taxpayers’ money, governments are expected to carry it out efficiently and with high standards of integrity to ensure the quality-of-service delivery and safeguard the public interest.
As a key activity for governments, well governed public procurement can and must play a major role in fostering public sector efficiency, establishing citizens’ trust and contributing to key governmental agenda’s like the digital transformation and green growth.
This course provides an in-depth exploration of Operations Management, focusing on the design, control, and improvement of the processes involved in producing goods and services. Students will gain essential knowledge in key areas such as operations strategy, supply chain management, process design, capacity planning, quality management, and project management. The course emphasizes the integration of these concepts to achieve operational efficiency, align with organizational goals, and maintain competitive advantage. Through practical applications, case studies, and industry examples, learners will develop the necessary skills to manage and optimize operations in both manufacturing and service sectors.
Students will also explore modern trends in operations, including sustainability practices and the impact of digital transformation and emerging technologies. The course prepares students to make informed decisions that improve performance, reduce costs, and enhance customer satisfaction.
By the end of this course, students should be able to:
1. Understand the role of operations management in creating competitive advantage and achieving organizational goals.
2. Develop and implement effective operations strategies that align with business objectives.
3. Design and improve processes to enhance efficiency and effectiveness in both product and service organizations.
4. Apply techniques for capacity planning, process optimization, and inventory management to manage resources efficiently.
5. Forecast demand and plan accordingly to ensure the optimal use of resources and meet customer expectations.
6. Implement quality management principles to ensure products and services meet customer standards.
