MY519 Purchasing ManagementIstanbul Okan UniversityDegree Programs Engineering Management with thesisGeneral Information For StudentsDiploma SupplementErasmus Policy StatementNational Qualifications
Engineering Management with thesis
Master TR-NQF-HE: Level 7 QF-EHEA: Second Cycle EQF-LLL: Level 7

General course introduction information

Course Code: MY519
Course Name: Purchasing Management
Course Semester: Fall
Course Credits:
Theoretical Practical Credit ECTS
3 0 3 10
Language of instruction:
Course Requisites:
Does the Course Require Work Experience?: No
Type of course: Department Elective
Course Level:
Master TR-NQF-HE:7. Master`s Degree QF-EHEA:Second Cycle EQF-LLL:7. Master`s Degree
Mode of Delivery: Face to face
Course Coordinator : Ar.Gör. AHMET SELÇUK YALÇIN
Course Lecturer(s):
Course Assistants:

Course Objective and Content

Course Objectives: It aims to define the role of purchasing and procurement processes in retail stores and to develop strategies in accordance with the company strategy.
Course Content: It includes the integration of the company strategy into the store purchasing and supply strategy, performance measurement and financial control.

Learning Outcomes

The students who have succeeded in this course;
Learning Outcomes
1 - Knowledge
Theoretical - Conceptual
1) Student will be able to explain purchasing processes and models
2 - Skills
Cognitive - Practical
3 - Competences
Communication and Social Competence
Learning Competence
Field Specific Competence
Competence to Work Independently and Take Responsibility

Lesson Plan

Week Subject Related Preparation
1) The Concept of Procurement and the Procurement Management Framework
2) Strategic Procurement, Material Management and Procurement Planning
3) Preparation of Purchasing Budget, Compliance of Purchasing Activities with Business Objectives and Objectives
4) Business Purchasing Organization Structure
5) Management of Purchasing Process, Forms Used in Purchasing Management, Bargaining Management
6) Specifications and Contracts in Purchasing Management
7) Procurement and Business Ethics, Performance Criteria (KPI) and Measurement for Purchasing Department, Procurement Future Trends and General Evaluation
8) Midterm
9) Supply and Stock Concept
10) Supplier Selection and Preliminary Evaluation, Supplier Relationship Management, Supplier Performance Evaluation, Supplier Development
11) ISO 9000 and Purchasing Management
12) Supply and Inventory Policies, Costs in Inventory Control
13) ABC Method, Deterministic Stock Control Models; Economic Order Quantity, Reorder Point, Quantity Discounts, Economic Party Volume, Order Waiting Models
14) Safety Stocks and Service Level, Common Order Period in Stock Renewal, Multistage Stock Management in Supply Chain.
15) Preparation for the final exam
16) Final Exam

Sources

Course Notes / Textbooks:
References:

Course-Program Learning Outcome Relationship

Learning Outcomes

1

Program Outcomes

Course - Learning Outcome Relationship

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution

Learning Activity and Teaching Methods

Brainstorming/ Six tihnking hats
Lesson
Group study and homework
Reading
Homework
Problem Solving
Project preparation

Assessment & Grading Methods and Criteria

Written Exam (Open-ended questions, multiple choice, true-false, matching, fill in the blanks, sequencing)
Homework
Application
Individual Project
Group project
Presentation

Assessment & Grading

Semester Requirements Number of Activities Level of Contribution
Midterms 1 % 40
Final 1 % 60
total % 100
PERCENTAGE OF SEMESTER WORK % 40
PERCENTAGE OF FINAL WORK % 60
total % 100

Workload and ECTS Credit Grading

Activities Number of Activities Duration (Hours) Workload
Course Hours 14 3 42
Study Hours Out of Class 15 10 150
Presentations / Seminar 5 3 15
Project 7 3 21
Quizzes 7 3 21
Midterms 1 3 3
Paper Submission 10 3 30
Final 1 3 3
Total Workload 285