Procurement Innovation and Network (5 cr)

Objective

The student understands the principles of category management. The student can apply supplier relationship management strategy to suitable procurement categories. The student is able to apply the central theories, tools and models for developing the procurement function and acknowledges the different ways to organize sourcing. The student is able to create a risk map and gap-analysis and find development topics in procurement. The student is able to create effective risk management strategies for procurement. The student is able to evaluate possibilities for early supplier involvement (ESI) in new product development and understands the importance of stakeholder management in ESI.

Content

-Category management
-Supplier relationship management
-Early supplier involvement in new product development
-Change management

Location and time

The Zoom lectures take place on following Tuesdays:
14.03.2023 17:00-20:00
28.03.2023 17:00-20:00
11.04.2023 17:00-20:00
02.05.2023 17:00-20:00

Materials

To be announced in the beginning of the course.

Teaching methods

Online lectures via Zoom

Online learning material and individual and group assignments via Moodle learning platform.

Link to Zoom and Moodle pages will be sent via email to the students once the enrolment is complete.

Content scheduling

The more detailed content of the course, assignments and assessment will be discussed during the first lesson.

The main content is: Category management, -Supplier relationship management, Early supplier involvement in new product development and Change management

The main objectives of the course are that the student is able to:
- The student understands the principles of category management.
- The student can apply supplier relationship management strategy to suitable procurement categories.
- The student is able to apply the central theories, tools and models for developing the procurement function and acknowledges the different ways to organize sourcing.
- The student is able to create a risk map and gap-analysis and find development topics in procurement.
- The student is able to create effective risk management strategies for procurement.
- The student is able to evaluate possibilities for early supplier involvement (ESI) in new product development and understands the importance of stakeholder management in ESI.

Further information

Prerequisites of the participation:
This course is for Master level studies and part of the Procurement Master's program. Therefore you should have completed bachelor level studies already and having some prior knowledge of procurement is recommended.

The teacher of the course is Mr Misa Bakajic, misa.bakajic@metropolia.fi.

Evaluation scale

0-5

Assessment criteria, satisfactory (1)

Sufficient performance: has completed basic requirements to pass the course and has made an attempt to apply and articulate concepts and information both verbally and in writing but has not made enough effort overall. The student has demonstrated little effort, interest and motivation for individual or team activities / assignments and the output is rather weak.

Assessment criteria, good (3)

Good overall performance: can apply and articulate concepts and information well both verbally and in writing, certain areas of individual or team output require further attention; shows appropriate level of interest and motivation in individual and team activities. Good presentation delivery and analysis.

Assessment criteria, excellent (5)

Excellent performance in all elements of the course: shows interest and motivation in individual and team activities and assignments, fully applies and clearly articulates concepts and information both verbally and in writing. The student is able to support his/her argument with references to the recommended reading and lecture content. Excellent presentation delivery and analysis.

Assessment criteria, approved/failed

Sufficient performance: has completed basic requirements to pass the course and has made an attempt to apply and articulate concepts and information both verbally and in writing but has not made enough effort overall. The student has demonstrated little effort, interest and motivation for individual or team activities / assignments and the output is rather weak.

Assessment methods and criteria

Assignments and their evaluation criteria are informed by the lecturer when the course starts.

Assessment scale used:
50 -59 = 1
60-69 = 2
70 - 79 = 3
80 - 89 = 4
90 -100 = 5

Qualifications

- An appropriate Bachelor's Degree (i.e. the student must have a Master's level study place at an institution of Higher Education)
- Additionally, if you are interested in attending the Procurement courses: an appropriate Bachelor's Degree, as well as basic studies and / or work experience in the field of procurement, is required

Further information

The language of tuition is English.