Same as acceptance to the MSc program in logistics.
4-hour written final examination that counts 60 % of the final grade.
2 individual written assignments that count 30%. Class participation counts 10 %.
After finishing the course, the students should have knowledge about the mechanism of purchasing operations in the supply chain, and skills in application of contemporary technologies in procurement. The students should be able to understand how an enterprise fulfills economic transactions with its suppliers, and to create a list of the main conditions under which the relationship between supplier and buyer lined up the most effective manner. The course gives students the knowledge of relevant theory approaches and modern literature in the procurement area. As the relationship between procurement management theory and the analysis of economic enterprise problems is an important issue, the students after finishing the course should have ability to apply relevant theory to practical problems and for writing the Master's thesis.
The course includes different issues in purchasing sphere:
- supply chain management
- suppliers evaluation techniques
- resource-dependence theory
- relational contracting theory
- the deployment of information technologies in supplier-buyer relationships
- procurement efficiency evaluation
Participation of students through questions, comments and presentations in the classroom is important for making a good atmosphere of learning.
А. J. Van Weele. Purchasing and Supply Chain Management, Fourth edition.
Arnt Buvik. Collection of Articles in Purchasing and Supply Theories for Master Students. Molde University College, Spring 2010.