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
Length: 45.0 hours
Course outline: view https://www.vcc.ca/vccphp/courseoutline?subject=OPMT&number=1240
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