Role: Procurement
Role Description:
Procurement is the acquisition of products and services. Both individuals and corporations have certain items, which they must acquire; procurement is the name for the process by which they do so and that takes into account budgeting, supply chain and payment. Procurement decisions involve many additional factors, including shipping and delivery, the marginal benefit of the good compared to the cost of procuring it, and the fluctuating prices of many goods and services. With good information, a consumer can analyze the costs and benefits of their acquisition and make the best decision.
Key Courses:
- OM725 Creating Value Through Operations and Technology or OM726 Creating Value Through Operations and Technology or OM710 Topics in Operations Management
- OM855 Project Management
- OM854 Supply Chain Management
- QM880 Business Analytics: Spreadsheet Optimization and Simulation
- OM840 Managing and Improving Quality: Lean Six Sigma Green Belt Certification
- OB853 Negotiations
- PL815 Competitive Decision Making
Clubs:
Supply Chain Management Club