KS4 Curriculum Booklet 2017 - 18

Curriculum Overview KS3

Subject: Business Studies Overview effective from[date ]: September 2017

3.3.2 The role of procurement

Suggested timing (hours)

Learning activities and resources

Specification content

Learning objectives

Additional guidance

To evaluate the use of managing stock using JIT

2

Managing stock – just in time (JIT)

Students should recognise that the benefits of reduced costs must be balanced against the cost of more frequent deliveries and lost purchasing economies of scale. Students will not be asked to draw or

In pairs students test each other to ensure they have an understanding of lean production and JIT. Missing word activity revising economies of scale. A simple numerical example can be used to illustrate the additional costs of regular deliveries and the lack of economies of scale. This can be done by having a total output of 500 units per week. Include separate costs for holding stock for a week, cost of ordering 100 units at a time and cost of ordering 500 units. Students calculate which option would be cheaper. Build in scenarios including a delayed delivery, a surge in demand etc. to encourage students to understand the potential challenges faced. Show Christmas last delivery times – what problem does this illustrate? Students to brainstorm benefits and drawbacks of just in time and create a table. Reference – BBC Bitesize webpage on stock control Show video on JIT with car seat covers Complete question 2b) 6 marks Paper 2 June 2015.

to a given business.

interpret stock control charts.