MGMT-2023Procurement and Supply Management
This course explores procurement and supply management and how they impact an organization by aligning procurement acquisitions with supply chain objectives and improving an organization's competitive advantage. Students will discover the importance of supply management as strategic and tactical functions in organizations, differentiate between service and product procurement, centralized and decentralized procurement, and general versus public sector procurement. Through analyzing data, students will utilize tools for the procurement process, “make or buy decisions”, effective price and cost analysis, supplier selection, and relationship management.
