After completing the programme...
• students have been familiarised with the structural and process particularities of purchasing organisation, such as lead-buyer concepts or centralised purchasing units and gained advanced knowledge on designing purchasing organisations
• students have learned to recognise the global sourcing environment in which many firms operate and gained advanced knowledge and skills on how to implement global sourcing processes
In detail: Students will demonstrate mastery to the understanding of advanced issues in on global sourcing and the risks involved as well as organisation of purchasing. Students will be able to explain how the structure of a purchasing department influences its goal fulfilment and performance and how the processes within a purchasing department influence its goal fulfilment and performance. They will explain approaches to global sourcing of goods and services and the underlying cultural and operational aspects. Students will be able to independently and critically describe, structure and analyse complex managerial problems and processes within the areas covered by the course, covering key theoretical insights in the field. Students will be able to assess the maturity of a purchasing function within an organization and make recommendations for its further development. They will develop introductory consultancy skills in conducting and recommending maturity-based solutions including suggestions for improvement.
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This course is designed with the aim to develop knowledge in the fields of global sourcing and global organisation of the purchasing and supply management function of a firm.
Organising the department consists of one of the prominent responsibilities of the chief purchasing officer, the CPO. Since the master programme aims at preparing students to perform in managerial roles in purchasing, this course provides the necessary insights into organising purchasing on a global level. Hardly any business function is globalising at a similar speed as purchasing. Therefore, co-ordinating global sourcing efforts are often also a managerial task in purchasing, which is why this course also aims at establishing awareness of opportunities and risks and providing a basic understanding on particularities of global sourcing.
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