2 credits
Fall 2025 Lecture Upper Division
This course will address the process of procurement including terminology, metric, and decision making. Additionally, we will investigate the best practices and processes for managing the relationships with suppliers and their performance. We will also explore the sourcing decision and the strategic ramifications of producing/ providing goods and services internally or purchasing them from external organizations. Prerequisites: Students are expected to have taken a basic course on operations (such as the masters core class MGMT 66000: Introduction to Operations Management) and a basic course on supply chain management (such as the masters elective MGMT 66400: Supply Chain Management).
Learning Outcomes1Develop a good understanding of sourcing and procurement strategies and enhance the student's analytical skills to make optimal sourcing and procurement decisions. It requires critical thinking through the participation of games, case discussions and presentation of case assignments.
Prerequisites
Restrictions
made by Purdue students.