Mar 30, 2025  
2024-2025 University Catalog 
    
2024-2025 University Catalog

MGMT 56500 - Strategic Sourcing And Procurement


Credit Hours: 2.00.  This course will address the process of procurement including terminology, metric, and decision making. Additionally, we will investigate the best practices and processes for managing the relationships with suppliers and their performance. We will also explore the sourcing decision and the strategic ramifications of producing/ providing goods and services internally or purchasing them from external organizations. Prerequisites: Students are expected to have taken a basic course on operations (such as the masters core class MGMT 66000: Introduction to Operations Management) and a basic course on supply chain management (such as the masters elective MGMT 66400: Supply Chain Management). Credits: 2.00