Study Guide

Objective

Students
- understand how purchasing and a purchasing organization works in a company
- know the cost picture in the purchase process
- are able to analyze the supplier selection and know what criteria applies to outsourcing
- are aware of the role of purchasing in the value chain.

In addition, the student should be able to:
-evaluate their own work and that of others
-critically study and give feedback to report works
-crictically evaluate different technical methods
-account for and discuss opinions

Content

-Purchasing process, buying behavior
-Organization and structure of purchasing
-Supplier relationship
-Contracts and laws
-Public procurement
-Ethics and good practice
-Negotiations and contracting

Location and time

Autumn 2024

Materials

Wallace, Walter L., Xia, Yusen L. & Render, Barry 2015. Delivering customer value through procurement and strategic sourcing : a professional guide to creating a sustainable supply network. Pearson.

Teaching methods

Lectures, visitor, group work, peer evaluation and presentations.

Employer connections

Visiting Lecturer

Exam schedules

No Exam. Grade given based on the performance and quality of course assignments.

Student workload

Total work load of the course: 81 h - of which scheduled studies: 31 h - of which autonomous studies: 50 h

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Knows many of the core concepts of the area
Knows the connection between purchasing, costs and profit
On request, can analyze an existing purchasing portfolio, and draw conclusions about what should be prioritized.
Knows the importance of purchasing to corporate profits, and knows that international purchasing is an opportunity.
Can participate in a discussion about purchasing.

Assessment criteria, good (3)

Can understand texts that deal with the current theme
Understands how effective and efficient purchasing is the basis for a company's production and sales.
Can independently analyze and develop a premade plan
Can specify which problems you can encounter in international purchases
Can hold a presentation about purchasing.

Assessment criteria, excellent (5)

Can learn from versatile literature about purchasing.
Can propose the most optimal methods of purchasing internationally, from a cost and time perspective.
Can evaluate and propose improvements for a plan
Can argue for and against different strategies and models for international purchasing.
Can describe and explain the role of the purchasing function and its meaningfulness to third parties

Qualifications

Logistics and ERP