Knowledge

The student ...

has knowledge of the terms purchasing, buying, procurement and supplying
has knowledge of purchasing functions and practices
has knowledge of purchases related to a company's customers, and purchases for internal needs
has knowledge of various types of purchases
has knowledge of the main activities of the purchasing process
has knowledge of organization, management and control of the purchasing function
has knowledge of the differences in purchasing procedures in the private and public sectors
has knowledge of the impact of new technology on purchasing processes

Skills

The student …

can evaluate the elements in complex purchasing agreements with regard to product specification, additional services, delivery conditions, re-supply, service, and follow-up of operativity, repurchasing and return
can use IT-based tools in the purchasing process
can carry out purchasing assessments and be able to use the information

General competence

The student …

can plan and implement purchasing processes
can carry out purchasing analyses as the basis of purchasing decisions
can present the principles of management and development of functional departments in an organization
have knowledge of relevant professional and ethical issues related to the environment, social responsibility, procurement, and can make ethical assessments in practice
can present key subject matter such as theories, issues and solutions
can exchange views with others with a background in purchasing and sustainability and participate in discussions on the development of good practice

Subject description ILE100

Purchasing Management