SCM 3700 - Purchasing & Strategic Sourcing

Credits: (3)
Typically taught:
Fall [Full Sem]

This course provides students an introduction to the supply management discipline, focusing on the development of catagory management skills and the purchasing process. Companies have always sourced a large percent of their COGS–up to 50-80%. However, today’s emphasis on core competencies and increased use of outsourcing makes sourcing even more strategic. Sourcing managers are responsible for managing supplier capacity and capabilities. The course emphasizes costing and relationship management tools. This course builds the foundation for students to pass the Certified Profession in Supply Management (CPSM) exam. Prerequisite: BSAD 2899; SCM 3050. Prerequisite/Corerequisite: SCM 3500.