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_kauppiCEFR 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
objectivesL2 - Purchasing impact on performance and purchasing
toolsL3 - 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 / SOTEPurchasing 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