Study Guide

Objective

The student understands the strategic role of purchasing and sourcing. The student is able to identify purchasing and materials management processes and perform the related operational tasks by using an ERP system. The student is able to plan purchases and make inventory management-related decisions. The student understands how to analyze supplier performance and form key performance indicators from operational, economical, risk management, and sustainability perspectives.

Content

- Procure-To-Pay process
- Categorization of purchases
- Inventory management
- Purchasing and materials management processes in ERP-systems
- Supplier performance and evaluation

Prerequisites

Supply Chain Management or equivalent basic studies

Assessment criteria, satisfactory (1)

The student has achieved the course objectives fairly. The student will be able to identify, define and use the course subject area’s concepts and models. The student understands the criteria and principles of the expertise development.

Assessment criteria, good (3)

The student has achieved the course objectives well, even though the knowledge and skills need improvement on some areas. The student is able to define the course concepts and models and are able to justify the analysis. The student is able to apply his/her knowledge in leisure, study and work situations. The student understands the importance of expertise in the field of business and is able to analyze his/her own expertise.

Assessment criteria, excellent (5)

The student has achieved the objectives of the course with excellent marks. The student masters commendably the course subject area’s concepts and models. The student is able to make justified and fluent analysis and to present concrete development measures. The student is well prepared to apply his/her knowledge in leisure, study and work situations. The student is able to analyze the business sector expertise and the development of his/her own expertise.

Assessment criteria, approved/failed

The student has achieved the course objectives fairly.The student will be able to identify, define and use the course subject area’s concepts and models. The student understands the criteria and principles of the expertise development.