OSM 527

Strategic Sourcing and Purchasing Management

In this course students will become familiar with the basics of sourcing strategies, purchasing activities, and supplier relationships in supply chain networks. The emphasis is on the coverage of total supply processes that result in purchasing savings. Other concepts included are: the types of purchasing; use of electronic communication and online auctions in purchasing; global purchasing; identification of suppliers; supplier selection and evaluation; negotiation and contracts with suppliers; supplier selection and evaluation; and supply law and ethics.

Units: 4.0