Purchasing and Material ManagementLaajuus (5 cr)

Objective

The student is able to:
- define the basic concepts related to the purchasing and utilize the sources of information necessary for purchasing
- masters the different stages of the purchasing process
- recognize the significance of the purchasing as part of the overall logistics operations
- apply the basic models of the material management

Content

- Purchasing as part of the logistic operations
- Purchasing process
- Measuring purchasing performance
- Incoterms 2010
- Material control methods - Reorder point, EOQ and ABC-analysis