Week |
Subject |
Related Preparation |
1) |
• Introduce the course to the students
• Describe the importance of the course
• Explain the outcomes of the course
• Explain how to get prepared for the topics
• Explaining the concepts of business ethics and social responsibility. Describe the factors that influence business ethics.
• Listing the stages in the development of ethical standards, and discuss how organizations shape ethical behavior.
• Describing how businesses’ social responsibility is measured, and summarize the responsibilities of business to the general public, customers, and employees.
• Explaining why investors and the financial community are concerned with business ethics and social responsibility
• Discuss Course Outline, Instructor to verify completion
• The concepts of business ethics and social responsibility
• Discuss ethical standards
• Discuss why business ethics and social responsibility is important to companies
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|
1) |
• Describe how prices are set.
• Describe the right price.
• Discuss price and cost analyses.
• Explain how to build a price formula.
• Discuss the components of price formula.
• Discuss the psychology of what people think as value can depend on
• How prices are set.
• Cost analyses
• Relationship between price, cost, and value
• Price Analyses
|
None |
2) |
• Identify the types of organizations in purchasing department
• Describe the centralized end decentralized structure of purchasing department
• Describe and recognize the advantages and disadvantages of both centralized end decentralized structure of purchasing department.
• Describe the organization types and centralized end decentralized structure of purchasing department
• Describe when to use each type of organizations
• Organization of Purchasing
• Structure of Purchasing Department
• Job Titels and Descriptions in Purchasing
|
Review the Syllabus
Homework: assigned reading for next class session
|
3) |
• Describe all team types
• Identify characteristics of purchasing personnel
• Describe team structure in purchasing department
• Explain four desirable design features common to all teams
• Explain what characteristics competent buyers show.
• Characteristics of purchasing personnel
• Team structure in purchasing department
• Characteristics of competent buyers
• Ethics in Purchasing
|
Homework: assigned reading for next class session, pp. 17-27 |
4) |
• Describe what vision and mission is.
• Identify the difference between vision and mission.
• Describe organizational planning of purchasing.
• Explain how corporate planning and purchasing plans integrate.
• Identify corporate planning considerations.
• Explain strategic factors of purchasing.
• The relationship between purchasing and other departments
• Purchasing and Competition Strategy
• Vision and mission of an organization in strategic purchasing and corporate planning
|
Homework: assigned reading for next class session, pp. 29-39 |
5) |
• Describe what acquisition logistics is.
• Describe acquisition options.
• Explain what the logistics support elements are
• Explain human – system integration in acquisition logistics.
• Explain and distinguish life cycle support and life cycle support analyses.
• What is acquisition logistics?
• Logistics support elements
• Human-system integration
• Life Cycle support analyses
• Integrated product and process development
|
Homework: assigned reading for next class session, pp. 41 - 53 |
6) |
• Describe what negotiation is.
• List and explain the component of negotiation environment.
• Explain how to asses negotiation environment.
• Discuss on the difference between negotiation and bargaining.
• Describe supplier’s situation analyses
• Nature of competition
• Negotiation and bargaining
• Evaluation of negotiation environment
• Preparation for negotiation and execution
|
Homework: assigned reading for next class session, pp. 55 -78 |
7) |
• List and explain the environmental factors to be considered in negotiation.
• Identify the role of market forces.
• Explain what early involvement is.
• Explain the importance of gathering information before negotiation.
• Discuss the impact of existing relations on negotiations.
• Preparation for negotiation and execution
• Analyses of internal and external factors in negotiations
• Bargaining and tactics
|
Assigned reading for next week, pp. 79-94 |
8) |
• Evaluate students with midterm exam
• Structure of Purchasing Department
• Characteristics of purchasing personnel
• Team structure in purchasing department
• Characteristics of competent buyers
• Ethics in Purchasing
• Purchasing and Competition Strategy
• Vision and mission of an organization in strategic purchasing and corporate planning
• What is acquisition logistics?
• Logistics support elements
• Human-system integration
• Life Cycle support analyses
• Integrated product and process development
|
Homework: assigned reading for next class session, pp. 79 - 94 |
10) |
• List supplier selection criteria
• Explain supplier evaluation form
• Explain the relationship between purchaser-supplier
• List the characteristics of a proper supplier
• List what to do during and after supplier selection process.
• Supplier selection criteria
• Supplier evaluation form
• Relationship between purchaser-supplier
• The proper supplier
|
Homework: assigned reading for next class session, pp. 95 - 106 |
11) |
• Identify the goods into the system.
• Describe the purchasing request.
• Discuss how to get the reminder indicating having a new request.
• Explain the purchasing flow.
• Discuss how to design the approval flow.
• Purchasing Flow
• Approval Flow of Purchasing Process
• The design and components of purchase order.
|
Homework: assigned reading for next class session, pp. 123 - 138 |
12) |
• Identify the contract types used in purchasing
• Identify contract essentials
• Identify containments of a contract.
• Describe the contract requirements.
• Describe how to build a contract legally
• Forming a contract legally
• Types of Contract
• Chapters of a Contract
• Authorization of Signature
|
Homework: assigned reading for next class session, pp. 251-263 |
12) |
• Identify the contract types used in purchasing
• Identify contract essentials
• Identify containments of a contract.
• Describe the contract requirements.
• Describe how to build a contract legally
• Forming a contract legally
• Types of Contract
• Chapters of a Contract
• Authorization of Signature
|
Homework: assigned reading for next class session, pp. 251-263 |
13) |
• Describe quality in purchasing
• Explain the relationship between quality and purchasing
• Explain how to establish quality on supplier’s side
• Explain corrective action process
• Describe certification, statistical process control, tolerance
• Description of Quality
• The relationship between quality and purchasing
• Quality control during and after delivery
|
Homework: assigned reading for next class session, pp. 107-122 |
14) |
• Discussion of student project teams about their analysis of an international /multinational / global company
• Project Presentations
|
Editing & Revision of Final Project Report & Preparing the presentation of the project |
15) |
• Evaluate students with Final Exam
• How prices are set.
• Cost analyses
• Relationship between price, cost, and value
• Price Analyses
• Supplier selection criteria
• Supplier evaluation form
• Relationship between purchaser-supplier
• The proper supplier
• Forming a contract legally
• Types of Contract
• Chapters of a Contract
• Authorization of Signature
• Description of Quality
• The relationship between quality and purchasing
• Quality control during and after delivery
|
None |