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Principles pf Buying

Course Code CEPA-901
Lecture hours per week
Lab hours per week
Course Availability: Open

Many organizations are recognizing the strategic importance of purchasing and supply management and its impact on their overall effectiveness. This course provides a comprehensive introduction to purchasing and supply management practices and techniques. Topics covered include supply scope, organization, procedures, computerization, quality, specification and inspection, quantity considerations, supplier selection and make a buy (outsourcing), supplier relations and supply chain management, price and price determination, investment recovery and public purchasing.