PurchasingLaajuus (5 ECTS)
Course unit code: TX00CA24
General information
- Credits
- 5 ECTS
Objective
The student knows and understands the environment of purchasing and can analyze the influences of purchasing on the profitability of the company. The students knows the stages of the purchasing process, understands the total cost of ownership in purchasing and is able to compare supplier relationships. The student also understands the differences of purchasing on different levels and in different situations.
Content
Basic concepts of purchasing and its processes
Objectives of purchasing
Profitability and its drivers in business
Organizing of purchasing, process and basic tools
Purchasing strategy as part of the corporation strategy (out sourcing, supplier relationships, networks)
Purchasing of services, projects and special features of international purchasing
Assessment criteria, satisfactory (1)
Students have achieved the course objectives fairly. Students 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)
Students have achieved the course objectives well, even though the knowledge and skills need improvement on some areas. Students are able to define the course concepts and models and are able to justify the analysis. The student is able to apply their 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)
Students have achieved the objectives of the course with excellent marks. Students master commendably the course subject area’s concepts and models. Students are able to make justified and fluent analysis and to present concrete development measures. The students are well prepared to apply their knowledge in leisure, study and work situations. Students are able to analyze the business sector expertise and the evolvement of their own expertise.
Assessment criteria, approved/failed
Students have achieved the course objectives fairly. Students 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.