Procurement and Supplier Management

Catalog description

The purchase of goods and services by most organizations represents a significant level of spending. Consequently in every organization there should be a serious concern over value received for spending these funds and how supply management can contribute effectively to organizational goals and strategies. Case studies and exercises will be used. The topics include: Strategic role of purchasing, supplier selection, supplier relationship management, international sourcing, E-procurement, price determination, purchasing services, and auctions. Negotiation skills will be developed throughout the course. Enrollment Restrictions: Enrollment restricted to students who have completed all lower-division pre-business core (major status in Business Administration- i.e. attained business status). Prerequisite(s): BUS 304 or BUS 204 with grades of C (2.0) or better.