Course content

Importance of purchasing for the firm - industrial purchasing behaviour - the purchasing process - purchasing management - supplier markets - market structures and supplier market exploration - developing purchasing strategy - purchasing and quality management - negotiation techniques - organization of purchasing - sustainability and purchasing - public procurement

Learning outcome

Learning outcome:

Knowledge:

- the candidate should have an understanding of how the purchase function affects the organization's goals

- the candidate should have basic knowledge of the role of purchasing in the supply chain

- the candidate should have an understanding of different forms of buyer-supplier cooperation

- the candidate should be familiar with procurement techniques and routines

Abilities:

- the candidate should be able to analyze purchasing issues and solve these by applying different models and methods

- the candidate should be able to design a complete purchasing process

General competence:

- the candidate should be able to assess issues, and find appropriate methods of solution

- the candidate (as part of a group) should be able to provide a critical assessment of their own solutions of purchasing problems

- the candidate should have the ability to solve problems in collaboration with others as well as communicating these

Learning methods and activities

Teaching methods and activities: Lectures, group assignments, practical practice, submission tasks.

Compulsory assignments

• Mandatory exercises

Specific conditions

Recommended previous knowledge

None.

Course materials

Curriculum literature (textbook) will be informed at the beginning of the semester

Credit reductions