Procurement Technology (5 ECTS)

Objective

The student is able to evaluate the potential changes caused by digitalization to how procurement is conducted in the future and draw practical conclusions from the procurement technology landscape. The student is able to evaluate the automation needs of procurement, understands procure to pay process design and is able to make recommendations on full house suite or best of breed solution options. The student is able to evaluate where relevant data can be obtained to support decision making in procurement and is able to utilize the data effectively in a practical setting. The student acknowledges the value of supply market intelligence in procurement and is able to analyze supply markets with advanced tools and information sources. The student understands the role of procurement analytics in driving value. The student is able to utilize procurement analytics in identifying opportunities and savings potential, risk management, and forecasting. The student is able to make effective use of procurement analytics in performance management and benchmarking.The student is able to identify suitable tools for driving supply chain sustainability.

Content

-Data management and data strategy
-Procurement digitalization
-Procurement analytics
-Supply market intelligence
-Metrics and dashboards

Location and time

The lecture dates and times are:
Wednesday 13.01. 17-20,
Wednesday 27.01. 17-20,
Wednesday 17.02. 17-20 and
Wednesday 3.3. 17-20

All lectures will also be recorded but in person attendance is highly recommended.

Materials

All materials will be available on Moodle and consist mainly of white papers, videos and demos.

Teaching methods

All the materials will be on Moodle and all the lectures will on Zoom. The moodle pages and link will be sent to students latest 08.01.2020

We start Wednesday 13.01.2021 at 17:00-20:00. The lectures will be conducted online using Zoom and all the study materials will be available on Moodle.

Link to Moodle: https://moodle.metropolia.fi/course/view.php?id=3205
Link to Zoom: https://metropolia.zoom.us/j/6170665547
Key to Moodle: ProcTech

Exam schedules

There is one assignment, details will be on Moodle.

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.

Qualifications

- An appropriate Bachelor's Degree
- 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.

Further information

The language of tuition is English.