Strategic SourcingLaajuus (3 cr)

Objective

The student
• understands the strategic role of sourcing in an organisation and effects of the operating environment
• understands the role of supplier relationship management and performance management
• is able to select and analyse appropriate sourcing strategies for different sourcing categories
• is able to develop communication and negotiation skills
• is able to identify the special characteristics of services sourcing
• acknowledges the basic principles of public procurement
• is able to analyse sourcing’s impact on sustainability of a product/service and plan sustainable sourcing initiatives
• understands sustainability as a strategic approach in sourcing
• knows how companies can use quantitative research to develop their sourcing operations
• is able able to design and implement surveys, analyse raw data and assess the reliability and validity of research
• can use SPSS and Excel to interpret results and present them in an illustrative form
• develops an understanding how data analytics is used to solve business problems and to support decision making in sourcing.

Content

* Spend analysis
• Purchasing portfolio models
• Sourcing strategies
• Supplier relationship management
• Performance management
• Negotiation skills
• Services sourcing
• Public procurement
• Sustainable sourcing

Qualifications

Supply Chain Management course

Assessment criteria, satisfactory (1)

The student
• has achieved the objectives of the course to a satisfactory level
• is able to identify, define and use concepts and models in the subject area of the course
• understands the conditions and principles of the development of expertise.

Assessment criteria, good (3)

The student
• has achieved the objectives of the course well, although there are still areas where knowledge and skills need to be improved
• has a good understanding of the concepts and models of the subject matter of the course and is able to carry out a reasoned analysis
• is able to apply what they have learned in leisure, learning and working life situations
• understands the importance of expertise in business and is able to analyse their own expertise.

Assessment criteria, excellent (5)

The student
• has achieved the objectives of the course with excellent marks
• has an excellent command of the concepts and models of the subject matter of the course
• is able to analyse clearly and reasonably and propose practical development measures
• has a good ability to apply what they have learned in leisure, learning and working life situations
• is able to analyse expertise in business and their own development towards expertise.

Assessment criteria, approved/failed

The student
• has achieved the objectives of the course to a satisfactory level
• is able to identify, define and use concepts and models in the subject area of the course
• understands the conditions and principles of the development of expertise.