OPM620 - Advanced Purchasing and Materials Management

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Last revision date Sep 30, 2019 12:54:41 AM
Last review date Dec 2, 2019 12:15:23 AM

Subject Title
Advanced Purchasing and Materials Management

Subject Description
OPM620 is a continuation of OPM600 - Purchasing and Materials Management. Global Sourcing as well as other advanced topics in procurement are covered. Cost analysis and negotiation, procurement of services, capital equipment acquisition and Green purchasing are key topics that todays procurement professional must be prepared to navigate. Supply partnerships and supplier development are key themes in this course.

Credit Status
One credit.

Note: This is a core subject for the BAO Operations Management specialization, as well as a Professional Option for 5th and 6th semester students of other programs.

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

  1. Understand the role of purchasing in corporate strategy.
  2. Understand the opportunities as well as the barriers of international purchasing.
  3. Critically analyze various global sourcing alternatives.
  4. Explain the nature and benefits of various relationships between firms in the supply chain.
  5. Illustrate how learning curves relate to purchase price.
  6. Discuss environmental best practices and their impact on the purchasing function.
  7. Understand types of contracts along with benefits and risks associated with long-term contracts.
  8. Understand the role of quality in purchasing.

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.

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

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

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.

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.