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Procurement and Purchasing ManagementLaajuus (5 cr)

Code: 4_EIA8170

Credits

5 op

Learning objectives

The students will gain understanding of procurement process as part of organization’s Supply Chain, purchasing objectives and organisation, key purchasing variables, applications, systems, control, personnel, import-export operations in purchasing, out-sourcing and vendor management in supply chain. The competence goal of this course is that the students are capable to operate, analyse, develop and manage procurement and purchasing processes as a vietl important part of Supply Chain in their future profession.

Content

Procurement and Purchasing scope and objectives
Procurement and purchasing operations, development, management and strategy planning
Quality of Purchasing and performance metrics
Source decision making and order sizing
Price of purchases and total cost of ownership
Contracting and negotiations
Code of Conduct and Ethics in business
Buying Commodities and Capital Goods Internationally
Purchasing systems

Prerequisites

Basic knowledge of Business Economics and Materials Management

Materials

Materials in Moodle
Baily, Farmer, Jessop & Jones: Purchasing Principles and Management.
Bowersocks & Closs: Logistical Management - The Integrated Supply Chain Process.
Ballou: Business Logistics Management.

Qualifications

Basic knowledge of Business Economics and Materials Management

Enrollment

01.12.2024 - 15.01.2025

Timing

13.01.2025 - 25.04.2025

Credits

5 op

Mode of delivery

Contact teaching

Teaching languages
  • English
Seats

0 - 30

Degree programmes
  • Degree Programme in Mechanical Engineering
Teachers
  • Sirpa Vauhkonen
  • Armi Huopainen
Student groups
  • EI22SP
    Mechanical Engineering

Teaching methods

Execution of the course: Contact lessons
Learning methods: Assignments and exams.
Assessment:0-5

Student workload

29 h lectures
106 h independent studies (incl. exams and assignments)
135 h total

Practical training and working life cooperation

Expert visits
Students have connection with working life of purchasing and procurement experts via their assignments.

Qualifications

Basic knowledge of Business Economics and Materials Management

Materials

The materials informed and given during the course.

Further information

The course proceeds weekly according to exact timetable.
All the assignments and exams are tightly linked to the schedule.

Enrollment

01.12.2023 - 15.01.2024

Timing

08.01.2024 - 30.04.2024

Credits

5 op

Mode of delivery

Contact teaching

Teaching languages
  • English
Seats

10 - 50

Teachers
  • Sirpa Vauhkonen
  • Armi Huopainen
Student groups
  • EI21SP
    Mechanical Engineering

Teaching methods

Execution of the course: Contact lessons
Learning methods: Assignments and exams.
Assessment:0-5

Student workload

30 h lectures
105 h independent studies (incl. exams and assignments)
135 h total

Practical training and working life cooperation

Expert visits
Students have connection with working life of purchasing and procurement experts via their assignments.

Qualifications

Basic knowledge of Business Economics and Materials Management

Materials

The materials informed and given during the course.

Further information

The course proceeds weekly according to exact timetable.
All the assignments and exams are tightly linked to the schedule.

Enrollment

01.12.2022 - 15.01.2023

Timing

09.01.2023 - 28.04.2023

Credits

5 op

Mode of delivery

Contact teaching

Teaching languages
  • English
Seats

10 - 50

Teachers
  • Sirpa Vauhkonen
  • Armi Huopainen
Student groups
  • EI20SP
    Mechanical Engineering

Teaching methods

Execution of the course: Contact lessons
Learning methods: Assignments and exams.
Assessment:0-5

Student workload

30 h lectures
105 h independent studies (incl. exams and assignments)
135 h total

Practical training and working life cooperation

Expert visits
Students have connection with working life of purchasing and procurement experts via their assignments.

Qualifications

Basic knowledge of Business Economics and Materials Management

Materials

The materials informed and given during the course.

Further information

The course proceeds weekly according to exact timetable.
All the assignments and exams are tightly linked to the schedule.