Master
2022/2023
International Procurement Management
Category 'Best Course for Broadening Horizons and Diversity of Knowledge and Skills'
Category 'Best Course for New Knowledge and Skills'
Type:
Compulsory course (Master in International Business)
Area of studies:
Management
Delivered by:
Department of Management
When:
1 year, 3, 4 module
Mode of studies:
offline
Open to:
students of one campus
Instructors:
Lapina Vera
Master’s programme:
International Business
Language:
English
ECTS credits:
6
Contact hours:
48
Course Syllabus
Abstract
International Procurement Management is a practically oriented course that aims to provide students with clear understanding of various international procurement issues and teach them how to apply this knowledge to real life situations. The task of procurement is understood in the course as finding the right source of supply and buying or purchasing of goods or services. The course highlights this sphere from a different point of view, including development of procurement strategy, procurement planning, procurement automatization, managing procurement risks and etc. It also touches upon many related issues, such as process design, negotiations, project execution and teamwork, financial decisions and category management.
Learning Objectives
- students will work on real procurement strategy development cases from several industrial companies.
Expected Learning Outcomes
- Analysis of current market balance and processes
- Analyze current applied procurement practices and challenges
- Analyze requirements of category stakeholders
- Analyze spend data and statistics
- Defend the recommendations plan before steering committee
- Define pricing model and analyze the balance of supplier and customer market powers
- Draw hypothesis on further strategy for procurement in the given category
- Drawing implementation plan for major strategy recommendations developed by the team
- Drawing recommendations on the short lit of suppliers
- Research and defining the long list of qualified suppliers for the category
- Strategy adaptation based on the feedback from committee
Course Contents
- Organization and function tasks procurement
- Control categories and strategic sourcing
- Control procurement risks
- Control efficiency
- Control competencies
- Building effective command work
Assessment Elements
- ActivityEach student can earn 1 point, or 0.5 points, or 0 points for each round of questions. 0 points – the student refuses to answer the question, or the student does not reply to lecturer’s question, or the student has violated academic ethics; the student gives a completely wrong answer (incorrect calculation or interpretation). 0.5 points – the student gives a partially/partly correct answer: the calculation or interpretation has minor mistakes. 1 point – the student gives a correct answer and clearly explains the calculation and interpretation without mistakes.
- Team case
- Examination
Bibliography
Recommended Core Bibliography
- Sharīf. (2016). Materials and Purchase Management : Theory and Practice. Alpha Science Internation Limited.
Recommended Additional Bibliography
- ANCA, V. (2019). Logistics and Supply Chain Management: An Overview. Studies in Business & Economics, 14(2), 209–215. https://doi.org/10.2478/sbe-2019-0035
- Dmitry Ivanov, Alexander Tsipoulanidis, & Jörn Schönberger. (2019). Global Supply Chain and Operations Management : A Decision-Oriented Introduction to the Creation of Value: Vol. Second edition. Springer.
- Essila, J. C. (2019). Managing Operations Throughout Global Supply Chains. Hershey, PA: Business Science Reference. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=2166048
- International trade, global supply chains and compliance. (2019). Springer. https://doi.org/10.1007/978-3-319-92447-2_7
- Sadok Turki, & Nidhal Rezg. (2019). Sustainable Supply Chain System Design and Optimization. Sustainability, (4), 1. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.a.gam.jsusta.v11y2019i4p1179.d208474