LOG796 Purchasing and Inventory Management (Spring 2027)

This course offers advanced knowledge and skills in purchasing and supply chain management specifically aimed at the healthcare sector. The discipline of procurement has emerged as a critical area of focus for numerous organizations. Within the healthcare sector, procurement expenses constitute a significant portion of overall costs. Concurrently, there is a general upward trend in healthcare expenditures and consequently, possessing a comprehensive understanding of supplier management and the various stages of the procurement process is essential for effectively overseeing the supply chain in such organizations.

The subject will cover:

• Theoretical foundations and practical strategies for effective purchasing management and procurement process.
• Technological aspects such as ERP systems and AI applied to warehouse management.
• Project management with a focus on procurement.
• Principles of inventory management, including the DuPont model.

Knowledge

• Advanced knowledge of challenges and opportunities in purchasing management and inventory management in the healthcare sector.
• In-depth knowledge of strategic methods for cost-effective purchasing decisions.
• Advanced knowledge of technological solutions in purchasing processes and inventory management.
• Can apply knowledge to new areas within the field of study.

Skills

• Analyse and critically approach various sources of information and use these to structure and formulate academic reasoning.
• Analyse and apply strategic methods in purchasing products and services in the healthcare sector.
• Analyse and evaluate technological solutions for purchasing processes and inventory management.
• Identify and analyse legal aspects of procurement.
• Applying ethical and sustainable principles in practice.

General Competence

• Analyse relevant issues in procurement management for the healthcare sector.
• Analyse existing theories, methods and interpretations within purchasing and inventory management.
• Work independently with practical and theoretical problem solving.
• Communicate professional issues related to purchasing and inventory management.
• Contribute to new thinking and innovation processes.

Work requirements - conditions for taking the exam

• Mandatory work requirement: Assignment(s)
• Number of work requirements: 2
• Required work requirements: 2
• Comment: Mandatory work requirements must be approved in order to take the exam. Work requirements must be completed in the same semester as the course is taught and then provide access to the ordinary exam. Approved work requirements also provide access to the first “New and postponed exam” if such an exam is arranged. Work requirements are not valid further in time. This means that students who retake the course must do the mandatory work requirements again.

• Assessment method: Home exam in group, 2-4 students per group
• Share: 100%
• Grading scale: Letter grades
• Aids: Everything except AI.