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Build an understanding of purchasing organizations and operational objectives. This course focuses on more advanced and specialized topics such as capital asset acquisition, buying services, international purchasing, and purchasing in the public sector will be covered. The class will examine purchasing department objectives, organization, and administration, centralization vs. decentralization, logistics management, purchaser-seller relationships, subcontracting, strategic alliances, and more. Students will become familiar with the legal aspects of purchasing and how supplier relations are a key element of supply chain management.

 Learning Outcomes

  1. Learn how to assess risk
  2. Understand how to prepare for supplier negotiations
  3. Understand contract formation
  4. Be exposed to operations management and how it relates to procurement
  5. Cover logistics and carrier incoterms

Note: For questions regarding this course, please contact

Course Number: BUSA-40394
Credit: 3.00 unit(s)
Related Certificate Programs: Supply Management