7025MAA Procurement Management
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This7025MAA Procurement Management course mainly emphasizes on the materials - particularly, the management of materials, along with the control of materials costs in the business and institutional organizations. It mainly focuses on the procurement as the primary materials activity; at the same time, it specifically incorporates the procurement activity with all other materials activities. Moreover, the course exhibits the procurement function in the context of a total business operation; it systematically associates this function to pertinent activities in the engineering, marketing, operations, and finance functions, along with the business as a whole.
The main aim of the above-stated course is to empower students with:
- Thorough knowledge and understanding of the procurement management procedures and functions of the supply chain management.
- The required skills to sustain good relationships with the distributors to get high-quality goods at the best prices and on time.
- The requisite experience and acquaintance to source raw materials and goods from the best distributors.
- The acknowledgement and knowledge of advanced procurement management concepts to improve efficiency.
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