Strategic Sourcing (5cr)

Code: 5091183-3001

General information

Enrollment: 04.08.2018 - 28.09.2018; Registration for the implementation has ended.

Timing: 06.09.2018 - 13.12.2018; Implementation has ended.

Number of ECTS credits allocated: 5 cr

Local portion: 5 cr

Mode of delivery: Contact learning

Unit: Engineering and Business

Teaching languages: English

Seats: 10 - 20

Degree programmes: Degree Programme in Professional Sales

Teachers: Helena Rantanen

Groups: LIPATMODSpecialBusinessIssues
MOD Special Business Issues

Course: 5091183

Unfortunately, no reservations were found for the realization Strategic Sourcing 5091183-3001. It's possible that the reservations have not yet been published or that the realization is intended to be completed independently.

Evaluation scale

H-5

Content scheduling

* Purchasing strategies
* Organising of Purchasing
* Global sourcing
* International purchasing – risks and costs (TOC)
* Different terms in purchasing, like Incoterms 2010
* Documentation, payment transactions and financing in international trade

Objective

After completing this study unit the student will be able to:
- apply a suitable purchasing strategy in different situations- decide what documents and payment transactions will be needed when importing goods andservices and knows where to find them- explain the risks and costs of international purchasing.
- manage the basics of services sourcing
-discuss the total lifecycle costs related to a purchase-carry out cost analysis- explain the importance and effect of different terms in purchasing (eg Incoterms 2010)- utilize the sources of information necessary for purchasing- describe various indicators measuring the performance of purchasing operations- prepare for purchasing negotiations

Content

Planning and organising of Purchasing
Global sourcing
International purchasing – risks and costs
Documentation, payment transactions and financing in international trade
Partnership
Services sourcing
Total cost approach
Measurement of purchasing operations

Location and time

Sepänkatu campus
Monday-Thursday module

Materials

Arjan van Weele: Purchasing and Supply Chain Management, Sixth Edition. Chapters 1-3, 6-7, 9 and 12
Lectures (in Optima), other material given during lectures.
Part of the material the same as in INTENSE-module.
Many useful web-pages:
exporthelp.europa.eu
CIA-The World Factbook
www.tulli.fi
Laivauskäsikirja (Finna)
Ulkomaankaupan verkkopalvelu (Finna)
www.finnvera.fi
European Comission, Taxation and Customs Union

Teaching methods

Lecturing, case-learning, group-discussions.

Exam schedules

Exam at the end of the course. The exact date will be discussed in the beginning of the course. The students have two re-exams and those dates will be informed later.

Pedagogic approaches and sustainable development

Lectures, group works and discussions, Company visits and visiting lecturers.
Kick-off and ending sessions together with other courses in this module.

Student workload

Team works, individual assignments.

Evaluation methods and criteria

Succesful completion of assignments and written examination. Exam 50 % and assignments 50% of the final grade.Active participation and assignments returned in time. Grade 0-5.