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Nov 26, 2024
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PRCH* 2500 - Introduction to Purchasing
This course will begin the study of review of purchase requests, identification and selection of potential sources of supplies, make or buy decisions, determine appropriate order systems and procedures, solicitation of competitive offerings, conducting of supplier visits and site evaluations, the negotiation process, including pre-planning and actual, selection of vendors, preparing and issuing purchase orders and contracts, obtaining legal review and approval of a contract, expediting deliveries, developing following-up procedures, using vendor rating systems, resolving contract differences, utilization of current developments in computerized systems and planning and development of departments and procedures for systematic handling of purchase requests.
Credits: 3
Lecture/Lab Hours
3 lect hrs/week
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