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ITY 542 - Purchasing Management

Course Objectives

1. To teach cost reduction techniques and their differences in classical procurement and strategic procurement
2. To explain ways to increase profitability by reducing costs in companies.
3. To explain the concepts of Digital Purchasing and Purchasing 4.0 and the relationship between them.
4. To explain ways of increasing profitability in times of crisis.

Course Description

Relationship Between Strategy, Strategic Management and Cost, Basic Cost Reduction Techniques in Classical (Traditional) and Strategic Procurement, Commodity Management, Escalations and Variations, Digital Purchasing; Purchasing 4.0, Reduce Costs During the Crisis, Profitability Analysis, Risk Management, Increase Profitability in Floating Exchange Rate

Course Coordinator
Murat Baskak
Course Language
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