Purchasing and Materials Management (5 ECTS)

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

Location and time

The course begins on September 1st and concludes on December 8th. Classes will be held weekly on Mondays from 8:30 AM to 11:00 AM, according to the provided schedule. Please note that there may be some weeks off, so students should regularly check the weekly schedule for any updates.

Materials

Slack, N., Chambers, S. and Johnston, R., 2019. Operations management. Pearson education.
O'brien, J., 2024. Category management in purchasing: a strategic approach to maximize business profitability. Kogan Page Publishers.

Teaching methods

Interactive lectures and exercises in class
RealGame Business simulation
Workshops with SAP-software
Self-study: given literature and assignments

Employer connections

-

Exam schedules

Midterm examination week 43
Midterm exam resit weeks 49 and 50

International connections

-

Completion alternatives

-

Student workload

1 cr = 27 h

Content scheduling

Lectures and workshops (weeks 36 - 41)
Mid-term exam (week 43)
REAL GAME simulation game sessions and assignements (weeks 44 - 47)
SAP Workshop (weeks 47-49)

Further information

-

Evaluation scale

0-5

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.

Assessment methods and criteria

Purchasing email assignment 10%
Midterm examination 40%
RealGame Procurement Model Assignment 25%
SAP assignment 25%

Qualifications

Supply Chain Management or equivalent basic studies