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Purchasing management (5 cr)

Code: TLSM2550-3003

General information


Enrollment

01.08.2020 - 30.09.2020

Timing

01.08.2020 - 31.12.2020

Number of ECTS credits allocated

5 op

Virtual portion

5 op

Mode of delivery

Online learning

Unit

School of Technology

Teaching languages

  • Finnish

Seats

0 - 8

Degree programmes

  • Bachelor's Degree Programme in Logistics

Teachers

  • Petrus Syvänperä

Teacher in charge

Petrus Syvänperä

Groups

  • LOGAKTIIVI
    Logistiikan aktiivitoteutukset

Objectives

EUR-ACE Engineering practice: Student understands the role of purchasing as part of the company's strategic management.

EUR-ACE Engineering Analysis: Student can develop purchasing holistically as part of strategic management.

EUR-ACE Transferable Skills: Student sees the potential and the risks of purchasing in relation to strategic business objectives.

Content

The main content will include
- strategic management
- purchasing management
- category management
- organizing purchasing
- contract management

Learning materials and recommended literature

Moodle/Optima material

Preferred literature:
Arjan J van Weele. 2018. Purchasing and supply chain management

Teaching methods

This is a virtual course. The learning will happen through the literature and the material in Moodle/Optima.

There will be an assignment for every course topic (5)

Exam dates and retake possibilities

This course does not include an exam.

Student workload

Self study and assignments, in total 135h (27h/ECTS)

Further information for students

Course assessment is based on assessment criteria from learning objectives. Assignments 1-4 are assessed with grade 0-5 (assignment 5 pass/fail) and the course grade is the average of those assignment grades (rounded to nearest whole grade).

Every assignment needs to be passed at least with grade 1 (or pass)

Evaluation scale

0-5

Evaluation criteria, satisfactory (1-2)

Sufficient (1): Student has gained knowledge of course objectives but faces challenges to utilize them in practice.

Satisfactory (2): Student has gained knowledge of course objectives and can utilize them partly in practice.

Evaluation criteria, good (3-4)

Good (3): Student has gained understanding of course objectives and can utilize them in practice.

Very good (4): Student has attained very good level of course objectives and can apply them into practice.

Evaluation criteria, excellent (5)

Excellent (5): Student has attained an excellent level of course objectives and can apply them into practice in innovative manner.

Prerequisites

Basics of purchasing. The students are able to find information independently and to prepare reports. They have the basic knowledge of logistics processes.