Facts about the course
- ECTS Credits:
- 7.5
- Responsible department:
- Faculty of Logistics
- Course Leader:
- Deodat Edward Mwesiumo
- Lecture Semester:
- Autumn
- Teaching language:
- English
- Duration:
- ½ year
SCM702 Purchasing and Supply Theory (Autumn 2024)
About the course
The course aims to provide knowledge about relevant theories that explain phenomena within the purchasing and supply field and practical insights related to the execution of the purchasing function. Elaborating on the relationship between relevant purchasing and supply theories and analysing purchasing and supply problems is an essential element of the course. It draws on various theoretical frameworks such as resource-based view, natural resource-based view, activity-based view, institutional theory, stakeholder theory, resource dependence theory, principal-agent theory, transaction costs economics, and relational contracting theory. Considering the growing recognition of the need to embrace environmental, social and economic sustainability as a source of competitive advantage, a triple bottom line perspective is emphasised throughout the course, focusing on the impact on people, planet and profit. The main modules covered include:
1. Strategic role of purchasing and supply management
2. Outsourcing and supplier selection
3. Negotiation, contracting, control
4. Procurement risk management
5. Spend analysis and category management
6. Procurement of services
7. International purchasing and global sourcing
8. Supplier Relationship Management
9. Organising procurement function, process innovation and technology
10. Public procurement
The course is connected to the following study programs
- Master of Science in Logistics
- Master in Change and Management
- Experience-based Master in Logistics
- Exchange programme - Master's level
Recommended requirements
Same as acceptance to the MSc program in logistics
The student's learning outcomes after completing the course
Knowledge
After completing this course, a student who fully engaged with the course activities shall be knowledgeable about:
- the role of purchasing and supply management in creating and maintaining competitive advantage
- how to promote social, environmental, and economic sustainability performance through purchasing and supply management function
- the main activities performed in a typical industrial purchasing process
- the challenges associated with industrial purchasing and supply management
- the effective tactics for addressing challenges in industrial purchasing and supply management
Skills
After completing this course, a student who fully engaged with the course activities shall be able to:
- identify and explain theories and models relevant for different situations encountered in purchasing and supply management
- apply relevant theories and models to analyze issues encountered in purchasing and supply management
- compare alternative approaches to solving problems encountered in purchasing and supply management
- select the most suitable solutions for addressing issues encountered in purchasing and supply management
General competence
After completing this course, a student who fully engaged with the course activities shall develop the following general competencies:
- ability to work in a team
- ability to engage in a dialogue
- ability to reflect on a task and create an action plan
- ability to make informed business decisions
Forms of teaching and learning
- 3 hours of lectures and discussions every week
- Students' reflection on their learning
Examination
- Form of assessment: School assessment
- Proportion: 70%
- Duration: 4 hours
- Grouping: Individual
- Grading scale: Letter (A - F)
- Support material: Calculator that may contain data + general dictionary in mother tongue/Norwegian/English in paper version
- Form of assessment: Home assessment
- Proportion: 30%
- Duration: 8 weeks
- Grouping: Group
- Grading scale: Letter (A - F)
- Support material: Calculator that may contain data + general dictionary in mother tongue/Norwegian/English in paper version
Course evaluation
The evaluation will be based on a final exam divided into two parts. Part 1 will be a home exam carrying 30% of the final grade, while part two will be a school exam accounting for 70%.