SCM 371 FALL 2011 - SCM 371 PROCUREMENT AND SUPPLY...

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SCM 371 Syllabus – Fall 2011 – Dr. Schoenherr Page 1 of 9 SCM 371 – PROCUREMENT AND SUPPLY MANAGEMENT Sections 001, 002, 003 Fall 2011 Instructor: Dr. Tobias Schoenherr, CSCP Office: N356 North Business Complex Phone (office): (517) 432-6437 E-mail: [email protected] Class meetings: Section 001: MW - 10:20 a.m. to 11:40 a.m. Section 002: MW - 12:40 p.m. to 2:00 p.m. Section 003: MW - 3:00 p.m. to 4:20 p.m. All classes meet in Hubbard Hall, Room G032. Office Hours: Mondays and Wednesdays, 11:40 a.m. to 12:40 p.m., 2:00 p.m. to 3:00 p.m. (in Hubbard Hall, Room G032) and by appointment. Exception: no office hours on November 21. Note: Syllabus subject to minor changes. Updates will be announced in class, by e-mail and/or on Angel. COURSE DESCRIPTION: SCM 371, Procurement and Supply Management, builds on the concepts introduced in its prerequisite, SCM 303, Introduction to Supply Chain Management. The course addresses the strategic and operational role of the purchasing/supply function within the organization and between firms. The course focuses on developing and implementing a procurement strategy; supplier selection, management and development; buyer-supplier relationships; global sourcing; negotiations; electronic procurement; cost/price considerations; and green purchasing and purchasing ethics. Concepts applicable to the procurement of both products and services will be discussed. COURSE OBJECTIVES: At the end of this course the student will be able to: Understand, recognize and be able to assess key issues, principles, opportunities, strategies, techniques and developments in procurement and supply management (PSM) being pursued by leading-edge organizations to achieve competitive advantage. Understand the importance of developing a supply management strategy that is aligned with the firm’s overall competitive strategy, and understand internal and external challenges that affect PSM. Understand the criteria and techniques for selecting new suppliers, and for assessing and evaluating existing suppliers, and understand how and when to build trust between participants across the supply chain. Understand issues involved in the make-or-buy decision, global sourcing, electronic procurement, the extended enterprise, negotiations, and ethics. Apply decision making frameworks and problem solving skills to determine the best course of action pertaining to above strategy areas.
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SCM 371 Syllabus – Fall 2011 – Dr. Schoenherr Page 2 of 9 COURSE FORMAT: Several instructional approaches will be used throughout the course, including class lectures, active in- class discussions, case analyses and discussion, assignments, a group project and presentation, and exams. Students are also encouraged to actively participate throughout the course and share related experiences
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This note was uploaded on 12/29/2011 for the course SCM 371 taught by Professor Tobias during the Fall '11 term at Michigan State University.

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SCM 371 FALL 2011 - SCM 371 PROCUREMENT AND SUPPLY...

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