SCM 125 — Procurement
Covers the overall function of procurement and its importance within the Supply Chain. Focuses on the strategic role of procurement within the organization and how it directly contributes to the financial results of the business. Discusses overall roles and responsibilities within the function including preparation for and analysis of supplier bids and quotations, processes for purchase orders and contracting, inventory management and materials planning, supplier relationship management and performance management, total cost of ownership review, business continuity planning and social and ethical responsibility. Prerequisite: SCM 101 or consent of program coordinator.
Prerequisites: SCM 101