BMI601 - Global Sourcing and Procurement II

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Last revision date Sep 30, 2019 12:55:24 AM
Last review date Dec 2, 2019 12:15:23 AM

Subject Title
Global Sourcing and Procurement II

Subject Description
Global Sourcing has emerged as a key element in business strategy.  This course is a continuation of the concepts introduced in BMI502 - Global Sourcing and Procurement I
and focuses on the strategic importance of the supply function to the organization.  This advanced course addresses the procurement of goods and services as a key element in organizational planning and explores the critical issues involved in making and implementing domestic and offshore sourcing decisions.  The course utilizes ERP to demonstrate the application of key concepts.

Credit Status
One credit towards the Bachelor of Commerce - International Business Managemend Degree program.

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

  1. Explain the strategic function of Procurement within the organization.
  2. Apply the cultural, legal and financial/currency complexities of global sourcing and procurement to vendor appraisal and selection.
  3. Evaluate the ethical and legal issues that affect Purchasing and Supply Chain professionals.
  4. Assess investment, recovery and renewable resources for use as a strategic source of competitive advantage.
  5. Conduct research and use metrics in the Procurement process to assist in achieving the firm’s goals.
  6. Investigate and select methods of payment appropriate for international purchases.
  7. Compare the public and private supply management processes including Procurement of goods and services from abroad.
  8. Analyze  the strategies involved in the purchase of capital goods.
  9. Appraise the advantages and disadvantages of Make or Buy, In-sourcing and Outsourcing.
  10. Demonstrate management of supplier relationships as a facet of the firm’s strategy.
  11. Apply ERP and implementation of strategic change together with the concepts and theories of international procurement.

 

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.