At the end of the course, the student should be able to:
– Understand the purchasing context, interrelationships with other stakeholders, core purchasing activities, contributions to strategic and business goals
– Design and undertake a basic supplier benchmarking, comparison and selection process.
– Have awareness of supplier evaluation, selection and performance improvement processes used by purchasing
– Be able to undertake basic purchasing projects for tangible products, services and MRO. – Understand minority supplier spend obligations
– Be aware of basic supplier development concepts
– Understand purchase life cycle from concept through ramp-down/withdrawl and post production spare support
his is an introductory course to purchasing that aims at understanding the concept of purchasing and its impact on organizations.
Topic Content
1 Introduction, Purchasing defined, Purchasing and Supply Chain Management, The importance and role of Purchasing, The Purchasing process model, Purchasing structure and design, Purchasing procedures
2 Supply Chain Strategy, Design Strategy, Cost, Quality and Delivery Purchasing Strategy, Environmental Analysis, Make-or-Buy, Outsourcing
3 Supplier Relationship Management, Supplier relationship management, Supplier evaluation, Supplier selection, Supplier Development
4 Overview, Group presentation & feedback
