Purchasing (3 cr)
Code: FEK22VIL01-3004
General information
Enrollment
16.08.2025 - 14.09.2025
Timing
15.09.2025 - 01.12.2025
Number of ECTS credits allocated
3 op
Mode of delivery
Contact teaching
Unit
Faculty of Business
Campus
Vasa, Wolffskavägen 33
Teaching languages
- English
Degree programmes
- Degree Programme in Business Administration
Teachers
- Teemu Myllylä
Teacher in charge
Anna-Lena Berglund
Scheduling groups
- FEK24-I (Size: 30. Open UAS: 0.)
Groups
-
FEK24D-VTradenom (YH), h24, dagstudier, Vasa
Small groups
- FEK24-I
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
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