Principles of Procurement Management

Catalog description

Procurement Management is a strategic approach in the identification, planning, and acquisition of the organization’s current and future needs - materials, services, equipment and other resources - to achieve the organization’s strategic goals and objectives. This course provides students with in-depth knowledge of the acquisition process, so that the right qualities, quantities, prices, timing, and sources are attained, and that there is alignment of the supplier network and optimum utilization of the organization’s resources. Fee Information: Lab fee may be required. Prerequisite: MGMT 36043 with a C or better.