Purchasing - Analysing and Development (5 cr)

Evaluation scale

0-5

Objective

The purpose of the Course:
Purchasing is a major part of todays business. No company can survive and be successful without its supplier network. In this course you will recognize the possibilities and challenges of purchasing and develop them as part of successful business. You will grow your know-how as systematic and professional purchasing and business developer!

Course competences:
Procurement skills, Engineering practice

Learning outcomes:
In this course you will learn how to analyze and develop purchasing as part of business development. You will recognize and try different analyzing methods to define current state of purchasing. You will also learn how to make decisions on what and how to develop purchasing based on the current state analysis. You will also get understanding of measuring purchasing, its meaning and key metrics. You will consider and understand the possibilities of digitalization, analytics and different systems in purchasing development.
In this course you will learn to recognize development possibilities of purchasing widely both in operative and strategic level.

Content

Course contents are:
Systematic development of purchasing as part of business development
Analyzing methods in purchasing (spend analysis, ABC-analysis, value analysis and tail management)
Developing purchasing process
Measuring purchasing
Digitalization, analytics and systems in purchasing

Materials

The course material consists of lecture slides in the Moodle as well as scientific articles, case-studies and videos.

Literature:

Nieminen, Sanna (2016). Hyvä hankinta - parempi bisnes. Talentum. (as an e-book in JAMK's library)

van Weele, Arjan. 2010/2015/2018. Purchasing and Supply Chain Management. 5th ed. Cengage Learning. (as an e-book in JAMK's library)

Teaching methods

This implementation is face-to-face teaching at campus. Contact teaching includes contact lessons at campus, self-study and small group work.

The detailed implementation method will be specified at the beginning of the course. The student must confirm his/her participation in the course within 3 weeks of the start of the course.

The course uses the Moodle learning environment.

Employer connections

The course may have a visiting lecturer and an/or excursion.

Exam schedules

The course includes an exam/exams, the date of which will be specified at the beginning of the course.

Student workload

The calculated workload is the number of credits times 27 hours.

In the 5-credit course, the workload is 135 hours

Assessment criteria, satisfactory (1)

Adequate 1: Student recognizes the course topics, understands their meaning and demonstrates competences as per learning outcomes of the course.

Satisfactory 2: Student recognizes the course topics, understands their meaning and demonstrates competences as per learning outcomes of the course. Additionally student is able to apply learnings in purchasing development.

Assessment criteria, good (3)

Good 3: Student recognizes the course topics, understands their meaning and demonstrates competences as per learning outcomes of the course. Additionally student is able to apply learnings in purchasing development in a systematic way.

Very Good 4: Student recognizes the course topics, understands their meaning and demonstrates competences as per learning outcomes of the course. Additionally student is able to apply learnings in purchasing development in a systematic way and is able to argue the decisions from operative and/or strategic perspective.

Assessment criteria, excellent (5)

Excellent 5: Student recognizes the course topics, understands their meaning and demonstrates competences as per learning outcomes of the course. Additionally student is able to apply learnings in purchasing development in a systematic and innovative way and is able to argue the decisions from operative and/or strategic perspective.

Assessment criteria, approved/failed

Student recognizes the course topics, understands their meaning and demonstrates competences as per learning outcomes of the course.

Qualifications

Basic understanding of purchasing and its role and meaning in business.

Further information

The course has continuous feedback as an evaluation method. The evaluation is based on the learning tasks and the exam(s).