Purchasing and Supply Management. (3-0) 3 Credit Hours

Catalog description

This course explores the strategic and tactical issues in procurement and supply management. Topics include, but are not limited to, purchasing process, procurement cycle, determination of requirements, supplier qualifications and relationships, appraisals, source selection, contract negotiation and management, commodity planning, buying practices, policies, ethics, and international purchasing. Cost, price, and value analysis in industrial purchasing cycle are also discussed. The course emphasizes a balance of academic and practitioner’s perspectives. (Formerly MS 3413. Credit cannot be earned for both MS 3413 and SCM 3413 .) This course has Differential Tuition.