Course content

Historical development of the discipline; strategic issues and co-ordination of manufacturing, purchasing and logistics; economic considerations related to logistical and purchasing decisions; logistics and purchasing as strategic tools; sourcing strategies and strategies for selection of suppliers; organisation and control of the purchasing function; development of supplier relationships and networks; as well as use of information and communication technology within the fields of logistics and purchasing.

Learning outcome

The course aims to provide insight into purchasing and logistics, and in particular, how companies are connected to each other in value chains and networks dominated by economic transactions. It is expected that students who take the course understand and master central concepts within the field as well as the challenges that the management in a company face when organising logistics and purchasing activities in order to contribute to value creation as well as interact with the environment of the company.

Learning methods and activities

Lectures and assignments. The course will be taught in English and all course material is in English. Portfolio assessment is the basis for the grade in the course. The portfolio includes a final written exam (60%) and exercises (40%). The results for the parts are given in %-scores, while the entire portfolio is assigned a letter grade. If there is a re-sit examination, the examination form may change from written to oral.

Recommended previous knowledge

Requires TIØ4265 Strategic Management or similar background.

Course materials

To be announced by the start of the semester.

Credit reductions