Curriculum subject

Organisation of the Purchase Process

Subject
Subject code	LOK005
Subject name	Organisation of the Purchase Process
Credit points	3 ECTS
Grading method	Grade prelim

Curriculum subject
Curriculum	2020 OK
Study year	1
Semester	Spring semester
Subject type	Mandatory

Subject loads
Lecture	32

General description
The subject introduces the processes of purchasing and procurement and teaches to analyse and digitalise them

General aim
In this subject you will learn how to solve everyday problems in purchasing and procurement processes: • a huge amount of unstructured information • communication problems between team members and stakeholders • non-transparent processes • delivery activities are time consuming and inflexible • financial and time losses in purchasing and procurement processes • team motivation is weak

Aim
The student knows and feels • goals and tasks of purchasing activities • purchasing strategies and policies • the ways and principles of performing purchasing operations • ordering systems and ordering methods • the principles of purchasing negotiations • purchasing and supply management • ethical principles of purchasing • the principles of performing the analysis of the efficiency of purchasing activities • opportunities to increase the efficiency of purchasing activities • opportunities to develop supplier relationships • the links between purchasing and inventory management • ways and means of assessing the supplier's capacity • principles of purchasing and procurement processes digitalisation: • can define and visualise business processes • finds opportunities to improve processes • conducts an analysis of process digitalisation

Literature
Lean Demand-Driven Procurement How to Apply Lean Thinking to Your Supply Management Processes By Paul Myerson 2019

Evaluation methods
Assessment is based on the following partial results: • solving of classroom assignments – 20% • solving of individual assignments – 50% • reviewing an article published in a professional journal- 30%

Study outcome
The student is able to • use an appropriate purchasing strategy and policy as appropriate • identify the need to buy and set purchase criteria • make inquiries, compare offers and identify the best offer (supplier) • prepare procurement and purchase agreements • identify purchase costs and assess their level • calculate the total cost of the purchase • organize the measurement of purchasing activities and evaluate the effectiveness of purchasing activities • map and analyze processes using business process management software • introduce and use digitization software for purchasing and procurement

Current rounds
None