LSCM 2002 – Purchasing in the Supply Chain

Effective purchasing has become a critical way to gain competitive advantage and to provide benefits for all members of the supply chain.  By implementing strategic purchasing decisions, benefits can be realized in cost reductions, quality improvements, shorter cycle times, and access to product and process technology.

	understanding the impact of purchasing on competitive success and profitability
	determining supplier evaluation, selection, and performance measurement
	learn how to create a world-wide sourcing and supply base
	negotiating and manage contracts

Prerequisites: LSCM 1001, 1006