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Principles pf Buying

Course CodeCEPA-901
Lecture hours per week
Lab hours per week
Course AvailabilityOpen
Description

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.

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