Procurement, Contracts & Supply Management (OPMT 1240)
In this course, students will examine the complexities of Procurement, Contracts & Supply Management, including strategic sourcing decisions, hidden costs of outsourcing, centralized versus decentralized purchasing, and tactical supply chain choices. Students will explore advanced supplier selection methods, including Vendor-Managed Inventory (VMI) strategies and technology integration. Students will also develop expertise in acceptance sampling plans and negotiation, while focusing on legal, ethical, and sustainable aspects integral to modern procurement practices.
Course code: OPMT 1240
Credits: 3.0
Tuition: $0
Length: 45.0 hours
Course outline:
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https://www.vcc.ca/vccphp/courseoutline?subject=OPMT&number=1240
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Additional Information
- Introduction to Procurement and Purchasing Management
Strategic Sourcing and Supplier Selection
Supplier Relationship Management
Contract Management and Negotiation
Ethical and Sustainable Procurement Practices
Procurement and Supply Chains within, to, and from Indigenous businesses
E-Procurement and Technology in Purchasing
Supplier Performance Measurement and Evaluation
This course is offered as part of a VCC program only.
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* The amount shown is the approximate cost of tuition (for courses with tuition) or fees (for courses that do not have tuition).
Tuition and Fees are approximate and subject to change. Students are required to pay any applicable fee increases. Fees listed are for domestic students. For international programs, visit VCC International.
† This information is intended as a guideline only. Program and course details are subject to change with the approval of VCC's Board of Governors.