|Basis of Education||Competence Standards||Structure of Studies||Development of Expertise||Methods and implementation||Course Table|
EI21SP Bachelor Degree Programme in Mechanical Engineering
|Name||Procurement and Purchasing Management|
|Credits in Foreign Language||5 cr|
|Objectives||The students will gain understanding of procurement process as part of organization’s Supply Chain, purchasing objectives and organisation, key purchasing variables, applications, systems, control, personnel, import-export operations in purchasing, out-sourcing and vendor management in supply chain. The competence goal of this course is that the students are capable to operate, analyse, develop and manage procurement and purchasing processes as a vietl important part of Supply Chain in their future profession.|
|Content||Procurement and Purchasing scope and objectives |
Procurement and purchasing operations, development, management and strategy planning
Quality of Purchasing and performance metrics
Source decision making and order sizing
Price of purchases and total cost of ownership
Contracting and negotiations
Code of Conduct and Ethics in business
Buying Commodities and Capital Goods Internationally
|Requirements||Lectures, problem based exercises and learning tasks in Moodle both individually and in teams. Literature and articles. Company visits. Case or project study or seminar in teams. Cumulative exam.|
|Grading Scale||0 - 5|
|Course material||Materials in Moodle|
Baily, Farmer, Jessop & Jones: Purchasing Principles and Management.
Bowersocks & Closs: Logistical Management - The Integrated Supply Chain Process.
Ballou: Business Logistics Management.
|Prerequisites||Basic knowledge of Business Economics and Materials Management|
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