Purchasing and Supply Management

3 cr · Graduate

Purchasing and supply management are sometimes considered equal yet separate areas of business; and sometimes they are considered to be interchangeable. Purchasing is now one of the key strategic elements of an organization. The broad goal of the course is for students to better understand the strategic side of purchasing, as well as tactical approaches that support the strategy. The course builds from an initial discussion of strategic and tactical purchasing to a consideration of key processes that support the strategic goal and tactical imperative.