2021-2022 Graduate Catalogue Archived Catalogue
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SCM 579 - Procurement Strategy
Course Description: The course provides a special emphasis on the development and management of strategic sourcing relationships and promotes an understanding of the strategic role of supply management in effective supply/demand/value chain operations. Purchasing and supply management play an essential role in the ability of the firm to operate efficiently and be competitive in the contemporary global business environment. Included in these processes are activities involved in identifying potential suppliers, creating relationships with selected suppliers, obtaining the needed materials in the most efficient quantities at the highest quality levels, and developing strategies designed to ensure an uninterrupted flow of goods and materials. The objective of this course is to make students aware of the demands placed upon purchasing professionals, and to understand the impact of purchasing on the competitive success and profitability of the firm. They must also have an understanding of legal and ethical considerations which affect purchasing decision-making.
Credit Hours: 3
Prerequisite Courses: MBA 516
ADDITIONAL COURSE INFORMATION
Equivalent Courses: MBA 516
Full-Time Enrollment Equivalent: No
Click here for the Fall 2024 Class Schedule.
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