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BMGT 375 Purchasing Management

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Management is required in every field, students in this course will learn about the management required in the purchasing field and the roles played by the specialists of purchasing in large and medium organizations under the supervision of a chief purchasing officer.

The aim of the course is:

  • To understand how organizations are using purchasing for competitive advantage from their core competitors;
  • How suppliers are selected, evaluated, and managed;
  • How purchasing can be made more effective by using metrics and models;
  • How cross-functional collaboration is vital to achieving economic efficiencies;
  • How important ethics and integrity in purchasing is to good business practices.

Topics included are material management, the duties of a buyer, controlling costs, the ways information technology supports purchasing, measuring purchasing effectiveness, best practices and outsourcing and insourcing.

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