Procurement and Supply Management

Vrije Universiteit Amsterdam

Course Description

  • Course Name

    Procurement and Supply Management

  • Host University

    Vrije Universiteit Amsterdam

  • Location

    Amsterdam, The Netherlands

  • Area of Study

    Business, Economics, Supply Chain Management

  • Language Level

    Taught In English

  • Prerequisites

    Business Processes,  Business Mathematics, Supply Chain Management I, Supply Chain Management II, Managing and improving
    quality
     

  • Course Level Recommendations

    Upper

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • ECTS Credits

    6
  • Recommended U.S. Semester Credits
    3
  • Recommended U.S. Quarter Units
    4
  • Overview

    COURSE OBJECTIVE
    All organisations need inputs of goods and services from external suppliers or services providers. In this course we examine the developing role of the purchasing and supply function in managing and shipping inputs and outputs of companies, and address the ways in which the activity can contribute to the efficiency and effectiveness of an organisation.

    Purchasing is seen by many of today’s successful organisations as an activity of considerable strategic importance. The fact that the strategic role and contribution of purchasing and supply is well recognised in many leading commercial concerns and public institutions has meant that the strategic purchasing decisions may be taken by purchasing involvement at board level, rather than by a departmental manager. The ramifications of purchasing decisions on the operational processes may also be significant. Quantity discounts or optimal choice of transport may for example lead to gains in direct procurement expenses, but they may increase other cost in the supply chain (such as inventory). Such costs need to be traded off.

    After successfully completing the course, students are able to:
    • Apply multi-criteria optimization methods to decision making problems encountered in procurement and supply management
    • Formulate and solve supplier selection problems by using multi-criteria optimization problems and Excel
    • Apply basic statistical tools to analyze transport issues using your preferred software
    • Explain and discuss the procurement function, its organization, and its main activities
    • Discuss the main economic issues encountered in freight markets, and apply basic (statistical) tools to analyze freight markets

    COURSE CONTENT
    In this course we aim to discuss the management of purchasing, transport and supply activities. More specifically we aim at lecturing the following topics:
    • sourcing strategies
    • outsourcing and supply risk management
    • public sector procurement
    • transport procurement
    • managing inventory
    • contracting
    • the structure of freight transport cost
    • freight transport demand
    • value of time and reliability; modal choice and route choice
    • urban transport systems: congestion and reliability
    • environmental effects of transport and corporate responsibility
    • transport policy at local, national and EU levels

    TEACHING METHODS
    Lectures, Tutorials

    TYPE OF ASSESSMENT
    Written exam – Individual assessment (Interim)
    Assignment(s) – Group assessment

Course Disclaimer

Courses and course hours of instruction are subject to change.

Some courses may require additional fees.