Jun 16, 2024  
2022-2023 Undergraduate Catalog 
    
2022-2023 Undergraduate Catalog [ARCHIVED CATALOG]

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SCMT 325 - Procurement


(3 hours) This course enables the student to delve into the vital field of Procurement and how it relates to the supply chain. Major areas of study include the evolution, philosophy, concepts, tools, and techniques associated with Procurement. Specific topics to be examined include an introduction to purchasing and supply chain management;purchasing process; purchasing policy and procedures; supply management integration; purchasing and supply management organization; strategy development; supplier evaluation and selection; supplier quality management; supplier management and development; worldwide sourcing; strategic cost management; analysis tools and techniques; negotiation and conflict management; and contract management.The course combines theory and application to provide an up-to-date, practical learning opportunity that focuses on the needs of modern managers and professionals in an age of global competition and rapid technological change. Character and operational excellence principles related to management activities are also explored and applied. This course cannot be challenged.



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