BMI502 - Global Sourcing Procurement I

Outline information
Semester
Schools offering this subject
Last revision date Sep 22, 2020 5:36:39 PM
Last review date Sep 22, 2020 5:36:39 PM

Subject Title
Global Sourcing Procurement I

Subject Description
This course provides a comprehensive introduction to the basics of international purchasing and supplier management and examines the critical aspects of the sourcing and procurement of goods and services within the context of the global supply chain. The student will formulate and assess purchasing and supply management techniques and practices as a mechanism to increase the firm's competitive advantage.

Credit Status
One degree level credit.

Learning Outcomes
Upon successful completion of this subject the student will be able to:

  1. Analyze Procurement's role within supply chain management.
  2. Evaluate and describe the central role of Procurement and Supply in supporting other functional areas within the organization.
  3. Analyze and connect the stages in the Procurement and Supply process.
  4. Evaluate and recommend options for the development and management of information systems technology to improve supplier performance and Supply management.
  5. Examine sourcing criteria such as quality, price, delivery and service within the global arena.
  6. Examine the process by which organizations move goods and services within the Supply context.
  7. Discuss the principles and practices of storage and warehousing management.
  8. Apply cost management and reduction techniques, discounts and negotiation strategies to affect cost savings.
  9. Assess the importance of Purchasing and Supply in providing a competitive edge and increasing the profitability of the firm and assess sustainability and supply chain risk when considering and recommending a purchasing plan/strategy.
  10. Analyze and discuss critical factors in global sourcing and vendor appraisal.

Essential Employability Skills
Communicate clearly, concisely and correctly in the written, spoken and visual form that fulfils the purpose and meets the needs of the audience.

Respond to written, spoken, or visual messages in a manner that ensures effective communication.

Execute mathematical operations accurately.

Apply a systematic approach to solve problems.

Use a variety of thinking skills to anticipate and solve problems.

Locate, select, organize, and document information using appropriate technology and information systems.

Analyze, evaluate, and apply relevant information from a variety of sources.

Show respect for diverse opinions, values, belief systems, and contributions of others.

Interact with others in groups or teams in ways that contribute to effective working relationships and the achievement of goals.

Manage the use of time and other resources to complete projects.

Take responsibility for one's own actions, decisions, and consequences.

Academic Integrity
Seneca upholds a learning community that values academic integrity, honesty, fairness, trust, respect, responsibility and courage. These values enhance Seneca's commitment to deliver high-quality education and teaching excellence, while supporting a positive learning environment. Ensure that you are aware of Seneca's Academic Integrity Policy which can be found at: http://www.senecacollege.ca/about/policies/academic-integrity-policy.html Review section 2 of the policy for details regarding approaches to supporting integrity. Section 2.3 and Appendix B of the policy describe various sanctions that can be applied, if there is suspected academic misconduct (e.g., contract cheating, cheating, falsification, impersonation or plagiarism).

Please visit the Academic Integrity website http://open2.senecac.on.ca/sites/academic-integrity/for-students to understand and learn more about how to prepare and submit work so that it supports academic integrity, and to avoid academic misconduct.

Discrimination/Harassment
All students and employees have the right to study and work in an environment that is free from discrimination and/or harassment. Language or activities that defeat this objective violate the College Policy on Discrimination/Harassment and shall not be tolerated. Information and assistance are available from the Student Conduct Office at student.conduct@senecacollege.ca.

Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Accessibility Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.