Study Guide

Objective

The student can describe purchasing processes and can also explain the role of purchasing in creating and maintaining competitiveness in a firm. The student recognizes the central mechanisms involved in managing a supply chain. The student can describe and classify purchasing processes and compare alternative purchasing strategies. The student recognizes the main special characteristics of public procurement and is able to find further information on them.

Content

- Purchasing process and organizational purchasing behavior
- Purchasing as a part of strategy
- Managing a supply chain
- Purchasing strategies
- Public procurement

Materials

• Benton, W. C. (2010). Purchasing and supply chain management. Saatavuus.
• Cheverton, P. & van der Velde, J.P (2011). Understanding the professional buyer.
• Koskinen, Aki et al (1995). Ostotoiminta yrityksen kehittämisessä.
• Sakki, Jouni (1982). Ostotoiminnan kehittäminen (Ekonomia-sarja), löytyy monista kirjastoista ja divareista. EHDOTON KLASSIKKO!

Additional materials and lecture materials, case study analysis will be provided by the lecturer and all will be in Moodle.

Teaching methods

Lecturing
In-Class group assignment
Final group work
Presentation

Student workload

Total work load of the course 81 h, divided
- Lectures 20 h
- Seminar 8 h
- Independent work 53 h

Content scheduling

• Introduction to purchasing management
• Buy or make?
• Subcontracting
• The purchasing process and the purchasing behavior of the organization
• Buying as part of the company's strategy
• Main features of supply chain management
• Buying strategies
• Public procurement

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

The student has done the work and participated as instructed. The student can, to a satisfactory standard, describe purchasing processes and can also explain the role of purchasing in creating and maintaining competitiveness in a firm. The student recognizes the central mechanisms involved in managing a supply chain. The student can describe and classify purchasing processes and compare alternative purchasing strategies. The student recognizes the main special characteristics of public procurement and is able to find further information on them.

Assessment criteria, good (3)

The student has done the work well and participated actively. The student can, to a good standard, describe purchasing processes and can also explain the role of purchasing in creating and maintaining competitiveness in a firm. The student recognizes the central mechanisms involved in managing a supply chain. The student can describe and classify purchasing processes and compare alternative purchasing strategies. The student recognizes the main special characteristics of public procurement and is able to find further information on them.

Assessment criteria, excellent (5)

The student has done the work to an excellent standard and participated actively and constructively. The student can, to an excellent standard, describe purchasing processes and can also explain the role of purchasing in creating and maintaining competitiveness in a firm. The student recognizes the central mechanisms involved in managing a supply chain. The student can describe and classify purchasing processes and compare alternative purchasing strategies critically. The student recognizes the main special characteristics of public procurement and is able to find further information on them.

Assessment methods and criteria

% Grade
51 - 59 = 1
69 - 60 = 2
79 - 70 = 3
89 - 80 = 4
100 - 90 = 5

Qualifications

Basics of business competence or equivalent level of knowledge