Course details
Purchasing Strategy
OPER 60530A
We review the strategic issues and principal trends in purchasing management looking to identify the best practices in the field based on professional and academic articles, case discussions and guest speakers' presentations.
Many organizations from the private and public sectors have elevated purchasing to a strategic business responsibility. The trend towards outsourcing of non-core activities makes that a very high proportion of value adding now streams from suppliers. Accordingly, we will discuss strategic questions in purchasing such as:
- Why and how outsource an activity?
- How to organize the purchasing function?
- How to manage relationships with suppliers?
- How to measure and improve supplier performance?
- How to attract the best suppliers?
- What are the links between purchasing and organizational performance?
- How can purchasing contribute to the sustainability objectives of an organization?
- Why and how outsource an activity?
- How to organize the purchasing function?
- How to manage relationships with suppliers?
- How to measure and improve supplier performance?
- How to attract the best suppliers?
- What are the links between purchasing and organizational performance?
- How can purchasing contribute to the sustainability objectives of an organization?
Themes covered
Outsourcing; the role of purchasing in outsourcing decisions; procurement outsourcing
Organizing the purchasing function: centralized vs. decentralized approaches
Purchasing portfolio models TCO
Selecting evaluating and developing suppliers
Managing supplier relationships
Purchasing ethics and sustainability
Global sourcing benefits and costs
Important notes
Course in French : OPER 60530
Course code
OPER 60530A
Subject
Operations and logistics
Program
Master of Science (MSc)
Location
Côte-des-Neiges
Instruction mode
On-site learning
Credits
3