Description
In this course, students will explore the nuances of procurement, contracts, and supply management, specifically within the automotive parts industry. Emphasis will be placed on strategic sourcing decisions, recognizing the often-overlooked costs of outsourcing, evaluating centralized versus decentralized purchasing approaches, and making tactical supply chain choices. Students will also learn advanced supplier selection methods, including how to implement Vendor-Managed Inventory (VMI) systems, zero-emissions transportation alternatives, and leverage technology solutions pertinent to automotive components. In addition, they will develop expertise in acceptance sampling plans and negotiation strategies, while staying attuned to the legal, ethical, and sustainable considerations critical to contemporary automotive parts procurement.
Prior Learning Assessment & Recognition (PLAR)
Methods of assessment may include a challenge exam, submission of a product or portfolio for review, or a practical demonstration. Please contact the Department for details.
Hours
Lecture, Online, Seminar, Tutorial: 45
Total Hours: 45