| KB00DN12 | Purchasing and Procurement (5 cr) |
| Prerequisites | Not applicable |
| Objectives | 1) The student knows and can assess the purchasing framework of a company or an organization. 2) The student can explain the different aspects related to purchasing process and its realization. The student understands the interdisciplinary nature of purchasing. 3) The student understands the role of the purchasing categories, supplier management and strategies for the competitiveness of a company. 4) The student works independently and cooperatively according to the task. 5) The student uses scientific literature and other reliable sources of information. 6) Student communicates and presents results. |
| Content | Role of purchasing function, Purchasing process, Purchasing categories and strategies, Purchasing as a interdisciplinary activity, Supplier selection and management, Public Procurement. |
| Recommended optional programme components | If necessary, the student advisor will recommend optional programme components for each student based on their individual study plan. |
| Accomplishment methods | Lectures and exercises, group work and independent work, exam. |
| Execution methods | Not applicable |
| Materials | Not applicable |
| Literature | Not applicable |
| Evaluation Criteria | 0-5 |
| Evaluation Criteria |
satisfactory (1-2) The student is able to list the basic individual concepts and methods related to purchasing framework. The student can give examples of a purchasing process in a company. The student names the main factors behind the purchasing decisions for competitiveness. The student attends learning tasks according to the agreed procedures. The student is able to find and utilize scientific and other appropriate information. Student can communicate and present results. good (3-4) The student describes the key concepts and methods related to purchasing framework. The student can evaluate and develop purchasing process functions and their realization. The student defines and applies the central concepts of purchasing categories, supplier management and strategies. The student analyzes the competitive market environment.The student works actively and develops knowledge by considering acquired feedback. The student participates actively and constructively in the discussions. The student searches for knowledge at each stage by utilizing versatile sources with source criticism. Student can communicate and present results according to the agreed procedures. excellent (5) The student classifies the key concepts and methods related to purchasing framework. Student can use professional terminology consistently. The student analyzes the purchasing process functions of a company. The student evaluates companies? use of purchasing and uses the information produced by it to support supplier management and strategic decision-making in purchasing. Student is able to use professional terminology consistently. The student analyzes and justifies individual and collective performance. The student evaluates different information sources and justifies their use. Student communicates and presents results extensively and professionally. |
| Assessment Frameworks | Not applicable |
| Further Information | Not applicable |
| Responsible persons | Not applicable |
| Links | Not applicable |