END 452 - Purchasing Management

Course Objectives

1. Educating engineers who purchase the material and service in right quality, right cost, right quantity and right time and sustain this performance consistently.
2. Educating engineers who understand strategic importance of procurement and purchasing functions.

Course Description

Basic Definitions (Procurement, Purchasing, Supply Chain). Purchasing Process and Management. Purchasing Department Organization. Strategic Sourcing. Materials Management (Inventory Management). “Make or Buy” Decisions. Tactical Purchasing (Negotiation and Bargaining, Pricing). Contract Management. Indirect Purchasing. E-Procurement. Lean Procurement. Performance Measurement in Purchasing. Information Systems / Information Technologies in Purchasing. Supplier Relations Management (Supplier Selection and Evaluation).