Strategic ProcurementLaajuus (5 ECTS)

Objective

The student is able to identify supplier markets. The student is familiar with the giga and mega trends in the economy and she or he is able to interpret the influence of those trends in her or his industry. The student identifies the principles in forecasting and scenario building and knows which forecasts by industry are available. The student is able to describe and analyze the targets and the competitive position of a company. She or he is able to analyze the internal and external factors which have influence on a company’s strategy.
The student is able to describe the basic stages of a company’s strategy process, the relevance of the targets and action plans and she or he can define the global sourcing of a company. She or he is able to describe the sourcing strategy of a company.

Content

- Operational environment and the changes in it; globalization, IT technology, flexible and modular production, differentiation of industries, change intensity
- Industry development
- Customer-oriented strategies
- The targets of a company and the factors influencing the competitiveness of a company
- The strategic importance of procurement; strategic touch, starting points; the need of the end-user, supplier cooperation, technology of the processes, global sourcing
- New challenges in global sourcing; challenges by industry

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)