SU - 503 Strategic Procurement and Financial Risk Management

Credits: 3

This course covers decisions made regarding a wide range of options depending upon the level of vertical integration employed by an enterprise. Once the decision to engage outside suppliers has been made, leadership in the supply chain organization must evaluate, select, and effectively manage suppliers and their performance to ensure marketplace and financial performance of the enterprise. This includes negotiation, contract management, and analysis of proposals. Outsourcing of functional and business activities within and outside an enterprise will be explored.

Prerequisite: SU 501