Course Overview:
Purchasing and Supply Chain involves the process of acquiring the goods and services an organization needs to operate and produce its products. It includes the flow of goods – raw materials, finished products, how those goods are acquired and stored, and how they reach customers, ensuring the company is running smoothly.
Prerequisite:
- The student must have completed grade 12 or equivalent education.
- Students from non-English speaking countries must pass the English Language Proficiency Test.
- English Language Proficiency Test scores (IELTS – 6.0, TOEFL – 70, PTE – 45, CAEL – 70, CAE – 176, Duolingo – 110, Password – 6.5, and PTE – 61) are acceptable.
Learning Outcomes:
- Understanding of the overall purchasing and supply chain management process, including sourcing, negotiation, inventory management and delivery.
- Ability to identify key factors influencing purchasing and supply chain decisions, such as cost, quality, delivery, and risk.
- Knowledge of strategies for sourcing goods and services, including identifying potential suppliers and negotiating contracts.
- Knowledge of Inventory management techniques to ensure that suitable goods and services are available when needed, without excess inventory that ties up capital.
- Ability to coordinate the flow of goods from the suppliers to the organization, including transportation, warehousing, and logistics activities.
- Aptitude to apply analytical tools and techniques to analyze and solve complex problems related to purchasing and supply chain management.
- Understanding of ethical and social responsibilities and the impact of their decisions on stakeholders such as customers, suppliers, and the environment.
- Ability to measure and evaluate the effectiveness of purchasing and supply chain management activities, including areas for improvement and implementing changes.
Course Content & Topics:
Class 1: Understanding the Supply Chain
Class 2: Achieving Strategic Fit in a Supply Chain – I
Class 3: Achieving Strategic Fit in a Supply Chain – II
Class 4: Supply Chain Drivers and Metrics
Class 5: Network Design in the Supply Chain – I
Class 6: Network Design in the Supply Chain – II
Class 7: Designing Global Supply Chain Networks
Class 8: Sourcing Decisions in Supply Chain
Class 9: Pricing and Revenue Management in Supply Chain
Class 10: Sustainability and The Supply Chain
Class 11: Information Technology in Supply Chain
Class 12: Supply Chain of the Future
Class 13: Selecting a Supply Chain Career and Review the prior 12 lessons. And Final Exam
Final Exam: MCQs and a case study project
Credit Information:
- Credits: 3
Duration:
- 14 Weeks: 3 hrs/week
Course & Related Fees:
- Domestic & International: $700 (Seven hundred dollars)
For a detailed breakdown, please refer to Policy #S-005 Programs & Course Fee Schedule
Non-Refundable Fees:
- Application Fee: $50.00/course (payable online and non-refundable)
