Course Description
Name of University : Assumption UniversitySchool/Faculty/Department : Martin de Tours School of Management
Department of Marketing
1. General Information
1. Course ID: MKT3515Course Title: Purchasing and Supply Chain Management
2. Credit Units:
3 Credit Units
3 hours/week, totally 45 hours
Lecture, Workshop and Self Study
3. Programme and Categorization of course:
Bachelor of Business Administration Program in Marketing
Major required courses
4. Responsible faculty member and list of instructors:
Dr. Yokfar P.
A. Suppasit S.
5. Semester/Year level:
3-4/Junior-Senior
6. Pre-requisite Course:
MKT2280 Principles of Marketing
7. Co-requisite Course:
N/A
8. Place of study:
Assumption University, Suvarnabhumi Campus
Assumption University, Huamark Campus
9. Date of preparation or latest update:
January 10, 2010
2. Learning Objectives and Development Objectives
1. Learning objectives:- Students should gain contextual insights and knowledge into the strategies, processes, and practices of purchasing through use of the many cases and examples.
- Understand the thorough approach to the conduct and management of purchasing and materials management functions.
- Focus on the principles and strategies in the field, coupled with the function’s interrelationships with the other principal business functions-product design, operations, marketing, and finance.
2. Objectives for course development/improvement
- Update the course content and add some new examples, especially through online, case study applied to theoretical concept.
- Emphasize more for the knowledge of purchasing and supply chain management.
3. Course Content and Activities
1. / Course content:This course is designed to provide students with solution for providing current and thorough coverage for critical area of the supply chain. Topics include the scope and objective of negotiation in procurement, participation and relationship of functional elements of the organization of the purchasing department; preparation, conduct and recording of negotiations; analysis of sources of supply, contract cost, price, profit, investment and risk; cost principles; techniques of negotiation; make or buy, transportation service.
2. / Number of hours per each semester:
Lecture / Tutorial / Lab/Field Study/Workshop / Self-study
Lecture 45 hours / Upon requested / Case study/ Assignment/Field trip/ Special lecture by guest speakers / 3 hours per week
3. / Number of hours per week for advising and academic counseling for individual students:
- Students can request for academic advices prior/after classes or in class hours.
- Students can make appointment or stop by at the faculty members’ offices during the specified office hours (18 hours per week).
- Students can request academic help through the website of the Department or emails of faculty members.
- Students can download course materials from the Department website.
4. Learning Outcomes
1. / Morals and ethics:1.1 / Morals and ethics needed to develop
- Possess ethical, moral and honest behavior academically and professionally
- Have self disciplinary and punctuality
- Pay respect to other people’s rights and their opinions
- Comply with rules and regulations of the university, the organizations and the society
- Comply with professional codes of conducts
- Make valuable contributions to the society
1.2 / Methodology
- Emphasis on the importance of ethical and moral issues in the real business world
- Case study of problems of unethical purchasing behavior in the real business world
- Examples of unethical and immoral purchasing behavior in class lecture and discussion
- Code of ethics in purchasing as stipulated by The International Federation of Purchasing and Supply Management (IFPSM)
1.3 / Assessment
- Students’ manners in class (pay respect to classmates and lecturer, come on time to the class, etc.)
- Students’ disciplines (follow the university’s policy and classroom policies, on time submission of assigned works, no plagiarism, etc.)
- Students’ self contributions to the society
- Performance evaluation on assignments and discussions, exams and project
2. / Knowledge:
2.1 / Expected knowledge to be gained
- Gain overall knowledge in purchasing and supply chain management field
- Possess clear understanding of theories and principles of and new development in the purchasing and supply chain management and related industries
- Possess analytical skills, problem-solving skills, communication skills, ICT skills, business skills to be successful entrepreneurs/ purchasing and supply chain management managers or related positions
- Able to integrate purchasing and supply chain management knowledge in making effective business decisions
- Able to apply the research findings to handle business problems and develop new business and purchasing and supply chain management knowledge
- Update and understand changes in professional norms, values, rules, and regulations under purchasing and supply chain management and related industries
2.2 / Methodology
- Class lecture on theories and practical knowledge
- Examples of real world situations
- Class discussion on case study, concerned purchasing and supply chain management problems, etc.
- Project
- Presentations
- Debates
- Role plays
- Field trips
- Supplier evaluation and selection survey
- Interviews with purchasing and/or supply chain managers/practitioners
2.3 / Assessment
- Assignments, midterm and final examinations
- Project evaluation
- Questions and answers in class discussion
3. / Intellectual Skills:
3.1 / Intellectual skills needed to develop
- Able to critically and logically analyze business/ purchasing and supply chain management problems
- Able to apply theories to develop effective action plans for business/ purchasing and supply chain management problems
- Have innovative and initiative ideas in utilizing theoretical knowledge to solve business problems concerning purchasing and supply chain management
- Able to solve the problems intellectually, wisely and professionally
- Able to analyze and predict the expected outcomes from decision making, problems solving, business practices and investment decision
- Able to perform routine and assigned tasks effectively
- Able to initiate and develop systematic, effective, efficient working process with respect to the real situation
- Able to evaluate data and ideas as well as gather new evidences from various sources of information
3.2 / Methodology
- Self learning and searching information from the Internet and other sources of information
- Project
- Class discussion on concerned topics
- Case study analysis
3.3 / Assessment
- Assignments, midterm and final examinations
- Project evaluation
- Questions and answers in class discussion
4. / Interpersonal skills and responsibility:
4.1 / Interpersonal skills and responsibility needed to develop
- Able to manage emotional behaviors in oneself and others
- Able to cope with changing environmental issues and work pressures
- Open and willing to learn and reasonably accept criticism
- Able to work as a team
- Able to communicate effectively in a diverse team
- Have responsibility in the assigned tasks
- Continuously engage in self and professional development
- Have good time management
- Possess ability of being a good leader and a good follower and solving problems based on their priority
- Contribute in making effective solutions to group problems
4.2 / Methodology
- Group discussion in class
- Group project
4.3 / Assessment
- Self evaluation on group project
- Peer evaluation on group project
- Class observation in students’ engagement and responsibility
5. / Quantitative skills, communication skills, and ICT skills:
5.1 / Quantitative skills, communication skills, and ICT skills
- Possess and able to apply appropriate quantitative skills and techniques in mathematics, statistics, finance and accounting to solve problems
- Possess information and communication technology skills
- Possess ability in acquiring and analyzing information in making business/ purchasing and supply chain management decisions
- Possess ability in summarizing, communicating and presenting information effectively
- Possess discretion in the use of communication and information technology in an appropriate manner
5.2 / Methodology
- Self learning and searching information from the Internet
- Class discussion
- Presentation
- Class assignments for case study, problems-solving, etc.
5.3 / Assessment
- Project evaluation
- Class discussion evaluation
- Presentation evaluation
- Assignment evaluation
5. Course Planning and Assessment
1. Course planning (follow มคอ.3,book #15, page 6)Class
/ Topics
/ Learning Objectives
/
1. / Introduction / Understand the course syllabus and the term project to prepare for the company contacts
2. / Ch.1 Purchasing & Supply MGT / - Understand and realize importance of purchasing function
- Understand activities that are part of supply chain management
- Understand procurement, supply chains, value chains, logistics
3. / Ch.1(2) / - Have clearer pictures of supply chains and purchasing roles
4. / Ch.2 Supply Organization / - Recognize the important role of organizational design in purchasing and supply chain success
- Understand differences between centralized, decentralized, and hybrid purchasing structures
5. / Ch.3 Supply Processes / - Understand purchasing process and different forms needed
- Understand how organizations are seeking to improve the purchasing process by using different approaches and methods
6. / Ch.4 Information Systems and Technology / - Appreciate use of technology in the purchasing process
- Understand the role of e-procurement tools in the purchasing process
7. / Ch.4(2) / - Realize the uses of technology in the supply chains in the real business environment
8. / Term Project / Discuss (in detail) term project guideline and all requirements of the term project paper and presentation (Students must bring project outline.)
9. / Ch.5 Quality, Specification, and Service / - Understand the role of purchasing in describing needs
- Understand methods of description and importance of the right specifications
10. / Ch.6 Quantity and Inventory / - Understand functions and forms of inventory
- Understand costs of inventories
- Understand how to reduce investment in supply chain inventories
- Understand how to determine economic order quantities (EOQ)
11. / Ch.6(2) / - Understand how to classify inventories using ABC approach
12. / Ch.7 Transportation and Delivery / - Understand the involvement of supply in transportation
- Understand different modes of transportations
- Understand how to select the best transportation mode and carrier
13. / Ch.7(2) / - Recognize the use of the 3rd party logistics providers
14. / Ch.8 Price / - Understand the different types of purchases made by organizations
- Understand how purchasers establish price of different categories of items being purchased
- Understand how competitive bidding is used to establish price
15. / Review for mid-term exam
16. / Ch.9 Cost Management, Discounts, and Negotiation / - Understand the concept of total cost of ownership (TCO) and TCO calculation
- Understand how to plan and prepare for negotiation
- Understand negotiation strategy and practice
17. / Ch.10 Supplier Selection / - Understand how to evaluate and select potential suppliers
- Understand key supplier evaluation criteria
- Understand the differences between single sourcing and multiple sourcing
18. / Ch.10(2) Supplier Selection / Understand how to define the strategic importance of the purchase requirement by using Supply Risk and Dollar Extended matrix or Portfolio Analysis
19. / Ch. 12 Supply Law and Ethics / - Understand why it is important for purchasing to act in an ethical manner
- Understand social responsibility of purchasing
20. / Ch.14 Global Supply Management / - Understand the reasons why companies pursue global sourcing
- Understand barriers to global sourcing and how to cope with them
- Appreciate the potential benefits from taking a global perspective to sourcing
21. / Ch.17 Services / - Understand the differences between service purchasing and product purchasing
- Understand how to evaluate and select potential service providers
22. / Ch.18 Make or Buy, In sourcing & Outsourcing / - Understand the reasons why companies pursue in sourcing and outsourcing strategies
- Understand the role of third-party logistics providers in supply chain management
23. / Ch.18(2) Make or Buy, In sourcing & Outsourcing / Understand outsourcing in the real business practice
24. / Term project / Discuss and prepare for the term project submission and presentation
25. / Ch.19 Supplier Relations / - Understand how supplier relation is important
- Understand how early supplier involvement is important
26. / Ch.20 Strategic Supply / - Understand why purchasing policies are important
- Understand the different types of purchasing policies
- Understand how to formulate supply strategies
27. / Review for final exam
28. / Term project / Project presentation
29. / Term project / Project presentation
30. / Term project / Project presentation
2. Assessment (follow มคอ.3,book #15, page 11)
In-class participation and attendance / 5%
In-class group assignments (related to individual attendance) / 10%
Individual assignments / 5%
Group Project Report / 15%
Individual Project Presentation / 5%
Midterm Examination / 25%
Final Examination / 35%
Total / 100%
6. Course Resources
1. Required text books and readings:Leenders, Johnson, Flynn, Fearon, Purchasing and Supply Management with 50 supply chain cases, 13th edition, 2006
Case reading 1: Managing Maverick Spend at Deere and Delphi - An Interview with
Jon Stegner, by Rob Handfield, SCRC (2004) (Source: http://scm.ncsu.edu/public/hot/hot040317.html)
Case reading 2: How Harley-Davidson uses cross-functional teams by Mark Brunelli - Purchasing (1999) (Source: www.purchasing.com)
2. Supplementary reading list/references:
www.lms.au.edu
1. Purchasing & Supply Chain Management, 3rd edition by Robert M. Monczka, Robert J. Trent, and Robert B. Handfield [Published by South-Western (Thomson Corporation)].
2. Project reports of students in previous semesters
3. Michels, B. (2008). The skills you need today. Purchasing, 137 (11), 72.
4. Goh, M. & Pinaikul, P. (1998). Research paper: logistics management practices and development in Thailand. Logistics Information Management, 11 (6), 359-369.
5. Green, K., Morton, B., & New, S. (1998). Green purchasing and supply policies: do they improve companies’ environmental performance?. Supply Chain Management, 3 (2), 89-95.
6. Fitzsimmons, J. A., Seay, W. H., Noh, J., & Thies E. (1998). Purchasing business services, Journal of Business & Industrial Marketing, 13 (4/5), 370-380.
3. Recommended reading list/references:
1. Purchasing & Supply Chain Management, 3rd edition by Robert M. Monczka, Robert J. Trent, and Robert B. Handfield [Published by South-Western (Thomson Corporation)].
2. Strategic Logistics Management by James Stock and Douglas Lambert (Published by Mc-Graw Hill).
3. Purchasing & Supply Management, 12th edition by Leenders, Fearon, Flynn, Johnson, (Published by McGraw–Hill).
4. Supply Chain Management by Chopra and Meindl (Published by Prentice Hall).
5. Supply Chain Logistics Management by Bowersox, Closs and Cooper (Published by Mc-Graw Hill).
6. Fundamentals of Logistics Management by Douglas Lambert, James Stock and Ellram (Published by Mc-Graw Hill).
Websites
www.gprocurement.go.th
www.logisticstimeclub.com
www.logisticsdigest.com
www.logisticsmgmt.com
www.logisticsthailand.com
www.logisticsasia.net
www.inboundlogistics.com
www.thailogistics.in.th
www.bjclogistics.co.th
www.logisticsbusiness.com
www.automotivelogisticsmagazine.com
www.foodlogistics.com
www.outsourced-logistics.com
www.cscmpthailand.org
www.logisticsfocus.net
www.supply-chain.org
www.pscmt.or.th
www.purchasing.com
www.nextlevelpurchasing.com
www.supplymanagement.com
www.impgroup.org
www.pantavanij.com
www.ifpmm.org
http://www.bangkokpost.com/business/economics
7. Course Feedback and Improvement