MGMT - 8430 Strategic Procurement and Materials Management (3)

Presents the basic principles, policies and procedures governing the procurement of raw materials, components, finished products, and capital equipment. Focuses on the interrelationships of purchasing with other functional areas (marketing, finance, logistics, operations management, etc.) of business. Students are exposed to the tools and techniques for the management of strategic sourcing, materials management and quality management. Equivalent to MGMT-846. Prerequisite: take MGMT-8400.