Course Description
Course Name
Sourcing and Purchasing
Session: VPRF3125
Hours & Credits
3 US Credits
Prerequisites & Language Level
MKTG 210 and MGMT 230 or equivalent
Taught In English
- There is no language prerequisite for courses at this language level.
Overview
COURSE DESCRIPTION :
This course introduces the fields of Procurement and Sourcing. It explores the central concepts of organizational procurement, global sourcing and interfaces of these to the other areas of an organization. This course provides opportunities to examine issues such as organizational procurement process, sourcing process, supplier selection process, supplier management and other strategic issues.
COURSE OBJECTIVES :
This course will help you in developing capability in the following areas:
- Leverage material management knowledge
- Learn distribution practices and operational concepts
- Develop interpersonal skills to engage with others
EXPECTED LEARNING OUTCOMES:
Upon completion of this course, you should be able to:
- Explain key concepts and theories in the field of procurement and sourcing
- Select and design appropriate principles and approaches in the formulation of procurement management and global sourcing
- Evaluate and measure alternative procurement management and global sourcing options in the context of a flexible global supply chain
- Develop and apply effective interpersonal skills and communication techniques in working as a team to solve real-world problems in procurement management and sourcing
*Course content subject to change