Sourcing and Supply Management

OBJECTIVES:

• To provide understanding of the framework.
• To illustrate current practices in industries.
• To provide knowledge on certain tools & techniques.

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UNIT I - INTRODUCTION TO PURCHASING AND SUPPLY CHAIN MANAGEMENT

The Purchasing Process. Purchasing Policies and Procedures. Supply Management Integration for Competitive Advantage, Purchasing and Supply Management Organization.

UNIT II - STRATEGIC SOURCING

Supply Management and Commodity Strategy Development, Supplier Evaluation and Selection Supplier Quality Management Supplier Management and Development, Creating a World-Class Supply Base, Worldwide Sourcing.

UNIT III - STRATEGIC SOURCING PROCESS

Strategic Cost Management, Purchasing and Supply Chain Analysis: Tools and Techniques, Negotiation and Conflict Management Contract Management Purchasing Law and Ethics.

UNIT IV - SUPPLIER PERFORMANCE AND QUALITY MANAGEMENT

Performance Measurement and Evaluation: Strategies, tools and techniques for measuring and managing supplier performance, Supplier performance evaluation, Purchasing services, Supply Chai Information Systems and Electronic Sourcing.

UNIT V - FUTURE DIRECTIONS

Purchasing and Supply Strategy Trends Green Buying, Sustainability, material research, Lean supply Chain Management