SCM702 Purchasing and Supply Theory (Autumn 2021)

About the course

The course aims to provide knowledge about relevant theories that explain phenomena within purchasing and supply field as well as practical insights related to the execution of the purchasing function. Elaboration of the relationship between relevant purchasing and supply theories and the analysis of purchasing and supply problems is an important element of the course, which traditionally has contributed to improving students’ ability to apply relevant theories in their master theses. The course takes a triple bottom line perspective by drawing on diverse theoretical frameworks such as resource-based view, natural resource based view, activity-based view, institutional theory, stakeholder theory, resource dependence theory, principal-agent theory, transaction costs economics, and relational contracting theory. To achieve its objectives and learning outcomes, the course will cover the following modules:

1.       Strategic role of purchasing and supply management

2.       Industrial buying behavior and purchasing process

3.       Purchasing, corporate social responsibility and integrity

4.       Negotiation, contracting and contract management

5.       Outsourcing and control

6.       International purchasing and global sourcing

7.       Spend analysis and category management

8.       Procurement of services

9.       Supplier relationship management

10.     Fundamentals of public procurement

The course is connected to the following study programs

• Master of Science in Logistics
• Master in Change and Management
• Experience-based Master in Logistics
• Exchange programme - Master's level

Recommended requirements

Same as acceptance to the MSc program in logistics.

The student's learning outcomes after completing the course

After having completed the course, the candidate should:

• have knowledge about purchasing and inter-organizational theory and the organization of business-to-business relationships upstream.
• have insight and knowledge about current theory and literature within the purchasing and supply field and
• know how purchasing firms are to perform economic transactions with their suppliers and will elaborate the conditions for efficient organization of supplier-buyer relationships.

 

Forms of teaching and learning

3 hours of lectures per week

Examination

• Form of assessment: Written school assessment
• Proportion: 100%
• Duration: 4 Hours
• Grouping: Individual
• Grading scale: Letter (A - F)
• Support material: Calculator that may contain data + general dictionary in mother tongue/Norwegian/English in paper version

Course evaluation

A 4-hour written exam at the end of the semester.