Supplier Relationship ManagementLaajuus (5 cr)

Objective

The student is able to define the main concepts and phases related to supplier relationship management SRM.
The student acknowledges how supplier base analysis is utilised to develop supplier relationship management.
The student is able to make supplier selection decisions and utilise the total cost of ownership model when evaluating procurement options.
The student is able to develop supplier performance and create effective and sustainable supplier requirements and KPIs for supplier evaluation.
The student is able to design supplier reviews and dashboards.
The student acknowledges the critical role of suppliers in achieving quality goals and is able to address quality challenges within the supply chain.
The student is able to support suppliers in improving their quality and develop supplier performance monitoring with the help of supplier audits. 
The student is able to evaluate possibilities for early supplier involvement (ESI) in new product development and understands the importance of stakeholder management in ESI.

Content

• SRM concepts and framework
• Selection of suppliers, segmentation criteria and process
• Supplier Performance Evaluation (SPE)
• Innovation and development of suppliers' quality and performance
• Early Supplier Involvement (ESI) in new product development

Qualifications

Completed higher education degree (Bachelor level)

Assessment criteria, satisfactory (1)

The student has completed basic requirements to pass the course and has made an attempt to apply and articulate concepts and information both verbally and in writing but has not made enough effort overall. The student has demonstrated little effort, interest and motivation in individual or team activities / assignments and the output is rather weak.

Assessment criteria, good (3)

The student has good overall performance, can apply and articulate concepts and information well both verbally and in writing, but certain areas of individual or team output require further attention. The student shows appropriate level of interest and motivation in individual and team activities. Good presentation delivery and analysis.

Assessment criteria, excellent (5)

The student shows excellent performance in all elements of the course and shows interest and motivation in individual and team activities and assignments, fully applies and clearly articulates concepts and information both verbally and in writing. The student is able to support their arguments with references to the recommended reading and lecture content. Excellent presentation delivery and analysis.

Assessment criteria, approved/failed

The student has completed basic requirements to pass the course and has made an attempt to apply and articulate concepts and information both verbally and in writing but has not made enough effort overall. The student has demonstrated little effort, interest and motivation in individual or team activities / assignments and the output is rather weak.

Further information

The language of tuition is English.