Lloyd's Maritime Academy Distance Learning Courses and Qualifications is part of the Knowledge & Networking Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 3099067.


Diploma in Marine Purchasing and Supply Management

Study the international management of procurement, contracting and supply in the maritime industry - training course by distance learning

Starts: 14 March 2017

Delivered by tutored distance learning

During the course you will study the following modules:


Back to Course Content
Introduction to Purchasing, Procurement and Supply Management

Learning Outcomes:

  • Discuss the difference between purchasing, procurement and supply chain management
  • Describe the purchasing models available
  • Explain the main features of marine purchasing
  • Introduction to purchasing, procurement and supply management
    • Purchasing, procurement and supply management; similarities and differences
    • Difference between marine and land based purchasing, procurement and supply chain
    • Project based purchasing
  • Marine products and services
    • Categorisation; equipment, spares, stores and servic
    • Bulk stores like lubrication oil, paint, chemicals and
      gases etc
    • General stores like engine, deck and catering
    • Services, equipment maintenance
    • Cost; volume, quality, place and time
  • The purchasing cycle
    • Requisitions to proof of delivery
  • Generation of order requisitions
    • Stock replenishmen
    • Work related generation
    • Breakdowns
    • Surveys
    • Worn parts/maintenance schedules
    • Materials orders
  • Authorisation of order requisitions
    • Office authorisation
    • Ship authorisation
  • Placing of purchase orders (PO) and receipt of PO
  • Approval invoicing and payment for goods/service
    • Handling of partial orders
  • Appropriate records
    • Office based systems
    • Ship based systems
    • Computerised systems
  • Roles: buyer, seller, intermediaries, 3PLs, associations
    • Writing marine technical specifications
    • Receipt and acceptance of technical equipment, spares, stores or services
    • IMPA and ISSA store guides


Back to Course Content
Fundamental Ship Knowledge

Learning Outcomes:

  • Recognise and differentiate between vessel types and their equipment requirements
  • Identify the main components of ship machinery
  • Explain the importance of dry docking and the procurement requirements it can create
  • Types of ships and marine structures
  • Ship machinery
    • Main engines and propulsion systems, generators and their main components
    • Auxiliary systems and their main components
  • Safety equipment
    • Life saving equipment
    • Fire fighting equipment
  • Pollution prevention equipment
  • Bridge equipment
    • Navigation equipment
    • Communication equipment
  • Galley equipment
  • Basic concepts of dry-docking
    • Dry-docking spares
    • Dry-docking services


Back to Course Content
Supplier Management

Learning Outcomes

  • Discuss sourcing methodology
  • Explain the techniques used to negotiate and monitor
  • Evaluate the quality control procedures used to gain and
    retain key suppliers
  • Sources of marine goods and service
    • Sourcing method
    • Terms used
    • Request for quote (RFQ)
    • Request for proposal (RFP)
    • Return on investment (ROI)
    • Tender
    • Direct
    • Purchase Order (PO)
  • Selection of supplie
    • Approved suppliers, contracted suppliers
    • Non-approved suppliers
    • Original equipment manufacturer and non-original
      equipment manufacturer spares, licensees, agents
  • Effective negotiation
    • Planning/preparation (SWOT/variables)
    • Strategy and objectives
    • Tactics, the negotiation and follow-up
  • Supplier appraisal, monitoring and auditing of suppliers
  • Supplier rationalisation
  • Performance measurement
  • Key Performance Indicators (KPIs)
  • Developing ‘win-win’ long-term partnerships with key suppliers in hub ports


Back to Course Content
Purchasing Strategy

Learning Outcomes:

  • Describe the different types of risk and related regulations
  • Discuss the importance of vendor development
  • Analyse product and services placement and their specific considerations to the role of the Ship and Port Agent
  • Supply chain management
  • Risk managemen
    • Insurance of goods in transit
  • Total cost of ownership
  • Developing suppliers
  • Approval of suppliers
  • Positioning products and services
  • Outsourcing


Back to Course Content
Inventory Management

Learning Outcomes

  • Describe the categories of goods and services
  • Define the issues and calculate the cost of holding stock
  • Explain the principles ‘just in time’ and ‘on demand’ and describe how they work and may be applied
  • Categories of goods and services: raw materials and recommended differing approaches
  • Stock: holding, valuation, cost and stock control methods
  • Integration of ship maintenance with spares requirements and purchasin
    • Minimum stock levels - buying in time and commonality of spares across the fleet
  • Management techniques
  • Just in time (JIT)/on demand
  • Warehousing design, materials handling ‘lean manufacturing techniques’
  • Information, documentation and transaction recording


Back to Course Content
Maritime Supply Chain Automation and Systems

Learning Outcomes

  • Describe the difference in requirements for an office and vessel based purchasing system
  • Analyse e-commerce methodology and its influence within the maritime supply chain
  • Demonstrate basic knowledge of electronic data standards
  • Purchasing systems
    • Office based systems
    • Vessel based systems
    • Interface of purchasing systems with PMS and accounting systems
  • Electronic purchasing systems
  • E-commerce
    • What is e-commerce?
    • Status
    • Current commercial provider
  • Electronic data standards
    • Electronic Data Interchange (EDI
    • Marine Trading Markup Language (MTML)
  • Electronic catalogues
    • IMPA marine stores guide
    • ISSA marine stores guide
  • Using the web
    • Asset visibility
    • In-transit visibility
    • Management Information Systems (MIS)


Back to Course Content
Finance, Accounting and Business Analysis

Learning Outcomes

  • Explain how services and goods are costed
  • Demonstrate financial awareness of procurement decisions to the business
  • Demonstrate basic knowledge of project management
  • Finance
    • Types: debt, equity, other
    • Sources of finance
  • Accounting
    • Balance sheet, profit and loss, cash flow statement, MIS
    • Evaluation techniques
  • Vessel budgeting
    • Setting budgets with budget holders
    • Phasing of budgets
  • Costing
  • Total cost calculation
  • Capital project appraisal
    • Return on investment (ROI)
    • Payback
    • Discounted cash flow (DCF)
    • Net present value (NPV)
    • Internal rate of return (IRR)
  • Analysing supplier information
  • Projects
    • Purchasing and financial management
    • Introduction to project management
    • Basics of purchasing and financial management of projects


Back to Course Content
Legal Issues of Marine Purchasing Contracts

Learning Outcomes

  • Describe the principal concepts of law relevant to contracts
  • Explain what other liabilities arise in marine purchasing relationships
  • Analyse the use of law to manage commercial relationships
  • Introductory overview
  • Jurisdiction and applicable law
    • International law
    • Private and public law
  • The nature of English common law
  • Tort: negligence and misrepresentation
  • An introduction to contract law
  • Sale of goods contracts
  • Supply of goods and services contracts
  • Agency
  • Dispute resolution and evidence


Back to Course Content
Global Logistics and International Purchasing

Learning Outcomes

  • Discuss the documentation required for the international movement of goods
  • Analyse the term multi-modal and its influence on the costs and logistics to the purchaser and supplier
  • Evaluate the potential effects of price volatility and currency fluctuations and how to minimise these risks when dealing internationally
  • International issues: INCOTERMS, documentation
    • Description of various terms used internationally
  • Modes of transport and multi-modal logistics
  • Responsibilities for insurance
  • Ports and customs clearance
  • Currency exchange risk and hedging method
  • Payment methods


Back to Course Content
International Maritime Controls

Learning Outcomes

  • Identify the key international organisations in maritime and international trade
  • Evaluate the controls, procedures and compliances in international trade
  • Discuss the elements contributing to the audit trail of a maritime shipment
  • International organisations
    • The International Maritime Organization (IMO) 
    • The World Customs Organization (WCO)
    • The World Trade Organization (WTO)
  • International legislation
    • SOLAS
    • MARPOL
    • Hague-Visby Rules
    • Harmonised tariff
    • CT-PAT
    • ISO 9000/9001
    • ISO 14000
    • ISO 28000/28001
    • Sarbanes-Oxle
  • Controls and procedures
    • Import customs controls
    • Export customs controls
    • Import duty relief
    • Rules of origin and trade preferences 
    • Export licensing
    • Movements within the European Union
  • Compliances
    • Audit trails
    • Logistics and commercial
    • Customs documentation
    • Accuracy of information
    • Internal records
    • Proof of shipment

Back to Course Content
Case Study: Purchasing Management

Draws together the knowledge learnt from this course, online research and purchasing
experience. A comprehensive and detailed action proposal(s) including reasoning, shall be expected from the participant for each situation presented.

I found the course very useful and the materials loaded with detailed information. The entire literature is very good for daily consultation in my work