Strategic Procurement

Course Outline

Class: MBA EVE-Elective (A)

Course: Purchase in Supply Chain

Category details

School Timing and Room Program Day(s) Credit Hours: 3/class hours(per week) | 0/lab hours(per week) Assessment Time Mon to Comes to an end

Email jiyad. [email protected] com

Course Explanation

Procurement is much more than simply shopping for goods and services. В Interest in the functionality of the purchase function continues to be fast growing in recent years with ever increasing organization competitiveness as well as the pressure to get value to stakeholders. В Companies are turning their awareness of effective global supply cycle and ideal procurement pertaining to survival and value creation. The amount of money moving through purchase spend can be phenomenal; which range from 50% to 85% of company revenue. В In the search for low cost, high quality services and goods, companies throughout the world have considered different prude for different aspects of finding, ranging from finding to procure-to-pay transactional processing. В This MASTER OF BUSINESS ADMINISTATION course works together with literature magazines, select circumstance studies and student assignments in building the fundamental familiarity with global supply chain administration and strategic procurement for students. Course Aim

Students discover how to appreciate how Procurement takes on a critical practical role in a company as well as its influence and interdependencies to corporate functions, such as R& D, developing, support, fund, etc . College students learn the factors required in achieving a world-class procurement organization and a competitive global supply base. Students become well versed in the strategic sourcing procedure and the continuing supplier overall performance management strategies. Students are aware of the moral, contractual, and legal issues confronted by procurement professionals. Pupils are launched the changing procurement environment and skill sets with all the advancements in technology, including eCommerce and reverse market platforms along with CUSTOMER RELATIONSHIP MANAGEMENT and SRM concepts....

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