BA 4500 Purchasing

Course Description: BA 4500 Purchasing is the study of how materials, supplies, and equipment are evaluated for business consumption. It is a step-by-step analysis of the purchasing function from the purchase request to the decision to buy.  Included are the principles of vendor evaluation, material, management and, procurement.

Textbook: Purchasing and Supply Chain Management: Monczka, Trent and Handfield. South-western College.

Prerequisites: BA 2500 Marketing

Specific Concepts to Address:

• Purchasing/Materials Management Function
• Purchasing System
• Description and Specification
• "Best Buy"
• Inventories, Analysis and Control of
• Appraisal Criterion
• Cross-functional Teams
• Supply Chain Management
• Early Supplier Design Involvement
• Just-In-Time
• Benchmarking

Suggested Emphases:

• Application of the Steps in the Purchasing System
• Selection of appropriate methods of description and specification for products
• Analysis of Inventory Information
• Appraising Performance of a Purchasing Department

Helpful Documentation:

• Current Resume
• Job description
• Recent performance evaluation(s) with appropriate signatures
• Letter from immediate supervisor documenting your involvement in related issues