Purchasing ProcessLaajuus (5 ECTS)

Objective

The student is able to identify different stages of a purchasing process. S/he knows the roles of different players in the purchasing process and understands different ways of organizing the procurement function.
The student is familiar with different sourcing strategies and the related selection of suppliers. S/he is able to manage supplier relationships.
The student is familiar with agreements related to procurement and s/he is able to manage those documents. S/he knows how to ensure the quality of purchased materials and services.
The student is familiar with the SWOT analysis and the portfolio analysis. S/he knows how procurement can be categorized and understands the usability of categorization in planning. The student is familiar with efficiency measurement methods. S/he understands the outsourcing process.
The student is able to identify factors influencing competitiveness of a supply chain. S/he knows how to use IT in procurement and how to do a risk survey and a gap analysis for identifying development needs.

Content

- Purchasing process; the tasks of the customer, the purchasing department and the supplier
- Organizing Procurement
- Efficient supply and selection of suppliers
- Agreements and jurisprudence
- Document management
- Quality control in procurement
- SWOT analysis and portfolio analysis
- Categorization of purchased items
- Efficiency measurement
- Factors influencing the competitiveness of a supply chain
- Outsourcing process
- Utilization of IT tools
- Risk survey
- Gap analysis -> areas of development -> respective development plan

Assessment criteria, satisfactory (1)

The student has partly achieved the goals of the course. The student has been able to apply some literature to her/his assignments.

Assessment criteria, good (3)

The student has well achieved the goals of the course. The student has been able to apply well literature to her/his assignments.

Assessment criteria, excellent (5)

The student has very well achieved the goals of the course. The student has been able to apply comprehensively literature to her/his assignments.

Assessment criteria, approved/failed

The student has partly achieved the goals of the course. The student has been able to apply some literature to her/his assignments.

Further information

Pre-assignment (pass/to be supplemented)
Assignments 100 % (scale 0-5)