Purchasing Management (3 cr)
Code: LTVATT103-3007
General information
Enrollment
15.10.2021 - 31.01.2022
Timing
07.03.2022 - 01.04.2022
Credits
3 op
Virtual proportion (cr)
2 op
Teaching languages
- Finnish
Degree programmes
- Bachelor of Business Administration, Business Management
Teachers
- Jorma Imppola
Student groups
-
KONE20
-
LITA20A
-
LITA20B
-
LITA20C
-
LITA20D
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
- Lecture materials available at Moodle
- Other materials announced by the lecturer
Teaching methods
- Hybrid lectures (normal lectures with Teams -connection available)
- Written assignment which is presented at the seminar during the last session
Exam schedules
Home examination after the lectures
Student workload
Total work load of the course 81 h, divided
-lectures 20 h, seminar 6 h
-independent work 55 h
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
- Home exam 50 %
- Writing assignment and its presentation 50 %
Qualifications
Basics of business competence or equivalent level of knowledge