Purchasing Management

Structure Type: Course
Code: LTVATT103
Type: Elective
Level: Bachelor
Credits: 3.0 points
Responsible Teacher: Viljamaa, Anmari
Language of Instruction: Finnish

Course Implementations, Planned Year of Study and Semester

Curriculum  Semester  Credits  Start of Semester  End of Semester
LITAKO-2015   2 spring   3.0   2017-01-01   2017-07-31  
LITAKO-2016   2 spring   3.0   2018-01-01   2018-07-31  

Learning Outcomes

The student can describe purchasing processes and can also explain the role of purchasing in creating and maintaining competitiveness in a firm. The student recognizes the central mechanisms involved in managing a supply chain. The student can describe and classify purchasing processes and compare alternative purchasing strategies. The student recognizes the main special characteristics of public procurement and is able to find further information on them.

Student's Workload

Total work load of the course: 80 h
- of which scheduled studies: 24 h
- of which autonomous studies: 56 h

Prerequisites / Recommended Optional Courses

Basics of business competence or equivalent level of knowledge

Contents

- Purchasing process and organizational purchasing behavior
- Purchasing as a part of strategy
- Managing a supply chain
- Purchasing strategies
- Public procurement

Recommended or Required Reading

Cheverton, P. & van der Velde, J.P (2011). Understanding the professional buyer. London etc.:KoganPage.

and other materials announced by the lecturer.

Mode of Delivery / Planned Learning Activities and Teaching Methods

Lectures, excercises

Assessment Criteria

Excellent (5): The student has done the work to an excellent standard and participated actively and constructively. The student can, to an excellent standard, describe purchasing processes and can also explain the role of purchasing in creating and maintaining competitiveness in a firm. The student recognizes the central mechanisms involved in managing a supply chain. The student can describe and classify purchasing processes and compare alternative purchasing strategies critically. The student recognizes the main special characteristics of public procurement and is able to find further information on them.
Good (4-3): The student has done the work well and participated actively. The student can, to a good standard, describe purchasing processes and can also explain the role of purchasing in creating and maintaining competitiveness in a firm. The student recognizes the central mechanisms involved in managing a supply chain. The student can describe and classify purchasing processes and compare alternative purchasing strategies. The student recognizes the main special characteristics of public procurement and is able to find further information on them.
Satisfactory (2-1): The student has done the work and participated as instructed. The student can, to a satisfactory standard, describe purchasing processes and can also explain the role of purchasing in creating and maintaining competitiveness in a firm. The student recognizes the central mechanisms involved in managing a supply chain. The student can describe and classify purchasing processes and compare alternative purchasing strategies. The student recognizes the main special characteristics of public procurement and is able to find further information on them.

Assessment Methods

Exam 60 %, exercises 40 %

Work Placement

None.

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