Purchasing and Materials Management (5 ECTS)

Code: LC00EG77-3002

General information

Enrollment: 03.05.2021 - 27.08.2021
Registration for the implementation has ended.

Timing: 30.08.2021 - 06.12.2021
Implementation has ended.

Number of ECTS credits allocated: 5 ECTS

Virtual portion: 1 ECTS

Unit: (2019-2024) School of Business

Campus: Leiritie 1

Teaching languages: English

Seats: 20 - 35

Degree programmes: Degree Programme in International Business and Logistics

Teachers: Suvi Moll; Mikko Kivistö

Teacher in charge: Suvi Moll

Groups: LC19B_IB_M
Incoming DD HWR Berlin, IBMAN Marketing; LB19_H
htw Saarbrücken, Germany; LXC20_SCM
LXC20_SCM; LC19R_SCM
Incoming DD Rennes 3rd year students Supply Chain Management

Course: LC00EG77

No reservations found for implementation LC00EG77-3002!

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, make inventory management related decisions and analyze supplier performance.

Content

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

Materials

Benton, W. C.: Purchasing and supply chain management, McGraw-Hill Education (2014) 3rd edition or (2010) 3nd edition
Lysons K., Farrington B. : Purchasing and Supply Chain Management (2012), Prentice Hall, 8th edition
Baily, Farmer, Essop, Jones: Procurement Principles and Management (2008), Prentice Hall, Tenth edition)

Other literature to be announced during the course

Teaching methods

Interactive lectures and exercises in class
Case Assignment
Workshops with SAP-software

Further information

Those lectures that are hold online might be recorded. Metropolia GDPR and Data Privacy policies are respected. See more information:
https://www.metropolia.fi/en/about-us/data-protection-and-gdpr

Evaluation scale

0-5

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.

Assessment methods and criteria

Individual assignments 70%
Group exercise 30%

Qualifications

Supply Chain Management or relevant basic studies