SCM 345: Global Procurement & Strategic Sourcing

Course Description

Supply management deals with the acquisition of materials and services for an organization. Topics include supply management strategy, purchasing procedures and information flows, make or buy analysis, need identification and specification, quantity and inventory, transportation, receiving, material handling, price determination through negotiation, cost management, supplier selection, supplier evaluation, global sourcing, legal and ethics, and sustainability. Part of the course will include discussion of how to apply Lean concepts to make materials flow through the extended value stream. Prerequisites: (SCM 341 may be taken concurrently) AND EITHER (Admitted to the School of Business) OR (44 credits and 2.2 GPA). Special course fees may apply.