Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.

LEARNING OUTCOMES

After the course you will possess a set of skills and knowledge that qualifies you for sourcing, purchasing and supply management jobs such as buyer, sourcing specialist, and procurement analyst. You are able to compare alternative sources of supply, develop holistic purchasing processes, and build tools for daily operative management. You also understand the impact of purchasing and supply management on firm performance.

Credits: 6

Schedule: 08.01.2019 - 14.02.2019

Teacher in charge (valid 01.08.2020-31.07.2022): Katri Kauppi, Katri Kauppi

Teacher in charge (applies in this implementation): Katri Kauppi, Katri Kauppi

Contact information for the course (valid 11.12.2018-21.12.2112):

Associate Professor Katri Kauppi

katri.kauppi@aalto.fi

Chydenia, room h5.28

Office Hours by appointment

https://people.aalto.fi/index.html#katri_kauppi

CEFR level (applies in this implementation):

Language of instruction and studies (valid 01.08.2020-31.07.2022):

Teaching language: English

Languages of study attainment: English

CONTENT, ASSESSMENT AND WORKLOAD

Content
  • Valid 01.08.2020-31.07.2022:

    The course topics include sourcing strategy and procurement/sourcing impact on performance, purchasing category strategies and management, cost and spend analysis, supplier selection, outsourcing, supplier relationship management, purchasing organization and processes as well as sourcing of services.

  • Applies in this implementation:

    Course introduction

    L1 - Purchasing history & future, Purchasing
    objectives

    L2 - Purchasing impact on performance and purchasing
    tools

    L3 - Purchase categories and portfolios

    L4 - Analytics in procurement (Juho Pursimo, Hansel)

    Cocoa purchasing game by Mikko Tarkkala

    L5 - Global sourcing

    Short guest lecture by Kristopher Buczek, Kone

     

    L6 - Supplier selection

    L7 - Total cost of ownership, including case work
    clinic (by Weimu You)

     

    L8- Organization of purchasing activities

     

    Beat the dice game

     

    L9- Supply risk management

     

    L10- Supplier relationship management

    L11 - Outsourcing

     

    L12 - Services sourcing and

    Service Level Agreements, guest lecture by
    Suvituulia Taponen, Uudenmaan Liitto / SOTE

     

    Purchasing in a retail organization,

    Harri Hellman, Kesko

     

    Negotiation exercise

    Ilkka Heikkilä, Telia


Assessment Methods and Criteria
  • Valid 01.08.2020-31.07.2022:

    100% Assignments

  • Applies in this implementation:

    This course is graded 100% based on assignments and
    in-class exercises.

     

    Specifically, 30% of course grade is gained by participation in three separate
    in-class purchasing games / exercises:

    ·        
    Cocoa purchasing game (10 % of grade based on
    participation)

    ·        
    Beat the Dice – supply risk game (10% of grade based
    on participation)

    ·        
    Negotiation exercise (10% of grade based on
    participation)

     

    Students get the 10% of grade based on being present
    in class throughout the full game/exercise (and having conducted the required
    preparations), i.e. this is not performance based (grade not based on how well
    you do in the game relative to peers).

     

    If you are unable to participate in class to one of
    the games/exercises (see dates in schedule later in the syllabus), please
    contact the instructor for an alternative assignment (worth 10% but graded,
    i.e. a performance-based alternative assignment).

     

    The remaining 70% of the course grade is gained by
    graded group-work assignments:

    ·        
    Spend analysis exercise 20%

    ·        
    Panopto video analyzing a procurement news item 20%

    ·        
    Service level agreement exercise 15 %

    ·        
    Total cost of ownership case 15 %

     

    For
    details, deadlines and instructions of the assignments, see the appropriate
    sections in the mycourses page of the course.


Workload
  • Valid 01.08.2020-31.07.2022:

    Lectures and simulation games 36 h
    Independent and group work 124 h

DETAILS

Study Material
  • Valid 01.08.2020-31.07.2022:

    Collection of articles and reports.

  • Applies in this implementation:

    For details of the readings, see PDF syllabus document under "Materials" section. The links to the articles and other readings can also be found under "Materials", in the folder for each lecture.

Substitutes for Courses
  • Valid 01.08.2020-31.07.2022:

    This course replaces the earlier Bachelor's level course kurssi 35C00200 Purchasing and Supply Management (35C00250 Hankintojen johtaminen), you can only take one of these courses.

Prerequisites
  • Valid 01.08.2020-31.07.2022:

    Recommended: 35A00310 Tuotantotalouden perusteet

FURTHER INFORMATION

Details on the schedule
  • Applies in this implementation:

    For details of the schedule, see PDF syllabus document under "Materials" section