Procurement and Sourcing Strategies: Balancing Cost, Risk, and Value

Introduksjon

Procurement is a key function in many organizations across industries and sectors, and procurement costs often constitute over 50% of the cost of goods sold (COGS). The procurement function is responsible for ensuring the supply from external sources (i.e., suppliers) of products and services that the organization needs. Procurement contributes to sustainability by balancing cost reduction, value adding, and risk management. Central in this balancing act is to develop proper sourcing strategies. How procurement can develop and exectute such strategies in an effective, efficient, and responsible manner is at the core of this course. The course is a mix of theoretical insights and high level analyses on the one hand, and application of practical tools, methods, and examples on the other.

Kursets innhold

The course includes a variety of topics that are relevant for achieving the learning outcomes. The list below gives an overview but is not exclusive:  

• Procurement function and tasks
• Procurement strategies at different levels
• Spend analysis, category management, and portfolio management
• Sourcing, supplier selection, and performance measurement
• Procurement planning
• Negotiation and contracting
• Managing supplier relationships and networks
• Procurement organizing and capabilities

Forbehold

Dette er et utdrag fra den komplette kursbeskrivelsen for kurset. Dersom du er aktiv student på BI, kan du finne de komplette kursbeskrivelsene med informasjon om bl.a. læringsmål, læreprosess, pensum og eksamen på portal.bi.no. Vi tar forbehold om endringer i denne beskrivelsen.