Strategic Purchasing

Purchasing and supply management has become increasingly visible in a world where supply is a major determinant of corporate survival and success. The emphasis in this course is on developing, maintaining, and enhancing supplier relationships to optimize the supply chain and includes the following areas of study: supply process, legal and ethical parameters, price structures, cost management strategies, and strategies on developing and maintaining supplier relations. The course concludes with investigating various supply chain activities that supply managers are directly and indirectly involved in throughout the career. Various purchasing/supply tools and techniques are examined and practiced to provide a practical component to the course.