Metropolitan State University

MKTG 449 : Fundamentals of Purchasing Management

A. Course Description
Credits: 2
Lab Hours/ Weeks: Corequisites: None
Lecture Hours/ Week :  
MnTC Goals: None
 
This course acquaints students wishing to explore career opportunities in professional purchasing. It explains the functions of the professional purchasing manager, the contributions of purchasing to organizational goals, purchasing systems and controls, supplier selection procedures, and performance evaluation of purchasing personnel.
B. Course Effective Dates: 02/08/2000 - Present
C. Outline of Major Content Areas:
See Course Description for major content areas.
D. Learning Outcomes (General)
  1. Demonstrate how procurement strategy can impact performance of the organization
  2. Differentiate the strategic vs. tactical functions of procurement
  3. Understand best practices in procurement organizations.
  4. Understand techniques used to select and evaluate suppliers
  5. Understand typical procurement process used in both manufacturing and service organizations.
E. Learning Outcomes (MN Transfer Curriculum)
This contains no goal areas.
G. Special Information
None