BA 234 Fundamentals of Supply Chain Management

Lecture Hours: 4
Credits: 4

Provides the fundamentals of purchasing. Covers the purchasing function, purchasing policies, procedures and manuals, legal aspects of purchasing, public relations and purchasing ethics, supply quality and sources, storekeeping, and personnel.

Recommended: Placement into WR 121Z and BA 101Z with a grade of C or better.

Student Learning Outcomes:

Identify purchasing policies and procedures.
Discuss the basic concepts involved with purchasing.
Use terminology to perform purchasing transactions and interact with vendors.
Explain elements of the supply chain process.
Apply legal and ethical concepts of purchasing.
Apply price/cost analysis and negotiation strategies.

Content Outline

Introduction
- Introduction to purchasing and supply chain management
Purchasing Operations and Structure
- The purchasing process
- Purchasing policy and procedures
- Supply management integration for competitive advantage
- Purchasing and supply chain organization
Strategic Sourcing
- Supply management and commodity strategy development
- Supplier evaluation and selection
- Supplier quality management
- Supplier management and development: Creating a world-class supply base
- Worldwide sourcing
Strategic Sourcing Process
- Strategic cost management
- Purchasing and supply chain analysis: tools and techniques
- Negotiation and conflict management
- Contract management
- Purchasing law and ethics
Critical Supply Chain Elements
- Lean supply chain management
- Purchasing services
- Supply chain information systems and electronic sourcing
- Performance measurement and evaluation
Future Directions A. Purchasing and supply strategy trends