Course Description

Course Name

Sourcing and Purchasing

Session: VPRS3221

Hours & Credits

3 US Credits

Prerequisites & Language Level

Taught In English

  • There is no language prerequisite for courses at this language level.

Overview

COURSE DESCRIPTION :
This course introduces the fields of Procurement and Sourcing. It explores the central concepts of organizational procurement, global sourcing and interfaces of these to the other areas of an organization. This course provides opportunities to examine issues such as organizational procurement process, sourcing process, supplier selection process, supplier management and other strategic issues.
 
COURSE OBJECTIVES :
This course will help you in developing capability in the following areas:
  • Leverage material management knowledge
  • Learn distribution practices and operational concepts
  • Develop interpersonal skills to engage with others
 
EXPECTED LEARNING OUTCOMES:
Upon completion of this course, you should be able to:
  • Explain key concepts and theories in the field of procurement and sourcing
  • Select and design appropriate principles and approaches in the formulation of procurement management and global sourcing
  • Evaluate and measure alternative procurement management and global sourcing options in the context of a flexible global supply chain
  • Develop and apply effective interpersonal skills and communication techniques in working as a team to solve real-world problems in procurement management and sourcing

*Course content subject to change