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Purchasing and Supply Management I
A seminar designed to discuss all activities required to bring materials, parts, and sub-assemblies into and through the enterprise at the lowest possible overall costs with end-user quality requirements. Contribution to the profitable operation of the firm is stressed as the main objective of the purchasing and supply management function. Weekly case assignments integrate the subject matter with the finance, marketing, and production functions. Topics include: the challenge of purchasing and supply management, effective organization, techniques of buying, computerization, EDI (Electronic Data Interchange), World-Wide-Web, quality including I.S.O. 9000/14000 quality standards, specifications and standardization, inventory management, supplier selection, price determination. The course provides valuable background information for employees and managers in any area of specialization and can lead to challenging professional career opportunities. (Formerly MGT 701)
Weekly Contact: Lecture: 3 hrs.
GPA Weight: 1.00
Course Count: 1.00
Billing Units: 1
GMS 401 or MGT 401 or ITM 512 or Direct Entry
Mentioned in the Following Calendar Pages
*List may not include courses that are on a common table shared between programs.
- Business Management - Global Management Studies Major
- Business Management Professionally-Related Table I
- GMS 807 - Supply Management for the Manufacturing Sector
- Minor in Entrepreneurship and Innovation