Principles of Purchasing

Provided by: Ivy Tech

This course is designed to teach the basics of purchasing management. Topics covered include: the challenge of purchasing and materials management, objectives and organization, function, specification, quality control and inspection, supplier evaluation, selection, and measurement, supplier development, strategic cost management, contracts and negotiation, purchasing relationships, purchasing transportation, purchasing laws and ethics, and global sourcing.


Course Objectives:

  • Describe the demands placed on purchasing and supply chain managers by business stakeholders
  • Summarize the impact of purchasing and supply chain management on the competitive success and profitability of modern organizations
  • Discuss the ethical, contractual, and legal issues faced by purchasing and supply chain professionals.


Recommended Background

  • PREREQUISITES: BUSN 101

Course ID

BUSN 228

Skill Focus

Instructor(s)

Ivy Tech

Employee Type

None

Method of Delivery

Estimated Effort

48

Cost

Contact for Pricing