We're still actively developing this site. If you encounter any issues, please report them! - Report an issue

PROCUREMENT AND SUPPLY MANAGEMENT

MARKETNG/OTM 423
Course Description

Procurement and supply management is the business function concerned with an organization's acquisition of required materials, services, and equipment. Explores the key aspects of modern supply management including the purchasing process, cost management, negotiation, sourcing strategies, supplier management, category management, acquisition methods for materials and services, and outsourcing.

Prerequisties

Sophomore standing and (MARKETNG 300 or OTM 300 ) or declared in undergraduate Business Exchange program

Satisfies

This course does not satisfy any prerequisites.

Credits

3

Offered

Not Applicable

Grade Point Average
3.56

-0.01% from Historical

Completion Rate
100%

0.61% from Historical

A Rate
25%

-44.61% from Historical

Class Size
24

-32.6% from Historical

Instructors (2025 Fall)

Sorted by ratings from Rate My Professors

Similar Courses

FUNDAMENTALS OF SUPPLY CHAIN MANAGEMENT

MARKETNG/OTM 421

Supply chain management (SCM) is a dynamic, cross-functional discipline that encompasses the areas of strategy, product development/innovation, marketing, finance, sourcing, production, logistics, and technology in both product and service industries. The supply chain is responsible for the sustainable and efficient movement of products, services, funds, and data along the value chain. Companies must effectively coordinate these functions not only within the firm, but with business partners and customers around the world. SCM is a critical, strategic component of any business or organization, from high-tech to healthcare, and it is a fundamental knowledge base for any student of business.

LOGISTICS MANAGEMENT

MARKETNG/OTM 722

A foundation in transportation, order fulfillment, warehousing, materials planning including MRP, demand planning, import/export fundamentals, ERP systems, supply chain metrics, and leading supply chain technologies such as RFID.

STRATEGIC GLOBAL SOURCING

MARKETNG/OTM 724

Supply management (procurement) is widely recognized as one of the most critical elements in global supply chain management. The function plays a major role in maximizing the value and the integration of supply chain operations. Explores the key aspects of modern supply management including functional responsibilities and exemplary practices for major industry sectors.

SUPPLY CHAIN STRATEGY

MARKETNG/OTM 726

Focuses on strategic issues and current theory and practice in supply chain management. Effective design and management of supply chain resources is a key source of competitive advantage for organizations. Supply chain management is a cross-functional discipline that concentrates on the management of goods, services, and information among all links in the value chain.

LOGISTICS MANAGEMENT

MARKETNG/OTM 422

Provides a management perspective on the fundamental activities, concepts, and current practices in logistics. Transportation management, order fulfillment, warehousing, global logistics, key performance indicators, outsourcing, and introduction to radio frequency identification and barcoding. Use of case studies and industry speakers.