Description
STRATEGIC PROCUREMENT AND SOURCING MANAGEMENT
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.
Details
Grading Basis
Grad LG/SNC Basis
Units
1.5
Component
Lecture - Required
Offering
Course
BQOM 2534
Academic Group
Katz Grad School of Business
Academic Organization
KGSB - Business Admin
Campus
Pittsburgh Campus
Enrollment Requirements
Katz Grad School of Business students only.
Typically Offered
Spring