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Purchasing Management (3 cr)

Code: LTVATT103-3009

General information


Enrollment

13.11.2023 - 17.01.2024

Timing

19.02.2024 - 31.03.2024

Credits

3 op

Teaching languages

  • Finnish

Degree programmes

  • Bachelor of Business Administration, Business Management

Teachers

  • Harrison Okuogume

Student groups

  • AUTO22
  • LITA22D
  • KONE22
  • LITA22B
  • LITA22C
  • LITA22A

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 in Moodle
- Other materials to be informed by the lecturer

Teaching methods

- Lectures
- Group assignment and presentation 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 8 h
- Independent work 53 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 %
- Group assignment and its presentation 40 %
- Attendance & participation 10%

Qualifications

Basics of business competence or equivalent level of knowledge