BUSN 2451 - Procurement Principles and Applications

Institution:

Saint Paul College

Subject:

Description:

The course covers a broad overview of the objectives of Procurement; its authority, responsibility, management function and expectations. Students learn how and why the procurement function has far-reaching effects on a company's profit or loss. Procurement is a dynamic business function and is important in controlling costs in large dollar expenditures. The Procurement department deals with Production, Engineering, Marketing, Sales, Logistics, Stores, Inventory Control, Transportation, Quality Assurance and Finance. The primary objective of procurement is to buy the right materials, of the right quality, in the right quantity, at the right time, at the right price, from the right source. 3C/3/0/0

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.saintpaul.edu

Phone Number:

(651) 846-1600

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Semester

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