Study Programme conducted in English at Molde University College 2008/2009

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LOG702 Purchasing and Supply Theory

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Course Code
LOG702

Course Name
Purchasing and Supply Theory

Credits
15.00

Prerequisites

Same as acceptance to the MSc program in logistics.

Semester
Spring

Location
Molde

Language Instruction
English

Language Assignments and Evaluation
English

Language Literature
English

Instruction
4 hours of lectures per week.

Mandatory Assignments
1-2 assignments. The course will contain two full-week case studies. During those two weeks, all courses that are scheduled together with LOG702 will be stopped. It is mandatory to be present during the case studies.

Evaluation
6-hour written final examination, plus two case studies. The case studies each counts 20% of the final grade. During final exam, all written and printed material might be used.

Grades
Letter (A - F)

Learning outcome

The course aims at providing knowledge about purchasing and inter-organizational theory and the organization of business-to-business relationships upstream.
The course will give the students insight and knowledge about current theory and literature within the purchasing and supply field and how purchasing firms are to perform economic transactions with their suppliers and will elabourate the conditions for efficient organization of supplier-buyer relationships.
The relationship between relevant purchasing and supply theories and the analysis of purchasing and supply problems is an important issue and the course aims at improving the students’ ability to apply relevant theory in their master theses.

Content

The course presents a broad scope of issues within purchasing and inter-organizational theory:
-industrial buying behaviour
-purchasing theory
-supply chain management
-transaction costs theory
-principal-agent theory
-resource-dependence theory
-relational contracting theory

Participation of students through questions, comments and presentations in the classroom is important for making a good atmosphere of learning.