MGMT 3374. Strategic Sourcing/Procurement. 3 Hours.
Students gain in-depth knowledge of the concepts, methods, and responsibilities of the purchasing function for manufacturing and service organizations. Topics may include the organizational role of strategic sourcing, procurement, contract and pricing practices, negotiation, quality assurance and reliability, inventory management, make-or-buy decisions, material management, and the acquisition of transportation and other services.
Prerequisite: 42 credit hours and MGMT 3370.