COURSE OUTCOMES
After successful completion of this short learning programme, you will be able to:
- Understand strategic procurement and its role in supply chain management
- Critically reflect on key issues in procurement management: outsourcing, quality, inventory, time, sourcing, price, total cost of ownership, and negotiations
- Apply procurement principles to various types of buying situations
- Investigate and understand the role of procurement in electronic commerce
- Understand contract management and its role in procurement
- Apply performance metrics to procurement