Purchasing and Materials ManagementLaajuus (5 cr)

Objective

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

Content

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

Qualifications

Supply Chain Management or equivalent basic studies

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.