MATM70004
SMT - Procurement
Sheridan
 
  I: Administrative Information   II: Course Details   III: Topical Outline(s)  Printable Version
 

Land Acknowledgement

Sheridan College resides on land that has been, and still is, the traditional territory of several Indigenous nations, including the Anishinaabe, the Haudenosaunee Confederacy, the Wendat, and the Mississaugas of the Credit First Nation. We recognize this territory is covered by the Dish with One Spoon treaty and the Two Row Wampum treaty, which emphasize the importance of joint stewardship, peace, and respectful relationships.

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Section I: Administrative Information
  Total hours: 39.0
Credit Value: 0.0
Credit Value Notes: N/A
Effective: Spring/Summer 2021
Prerequisites: N/A
Corequisites: N/A
Equivalents: N/A
Pre/Co/Equiv Notes: N/A

Program(s): Supply Chain Management Assoc
Program Coordinator(s): N/A
Course Leader or Contact: N/A
Version: 20210517_00
Status: Approved (APPR)

Section I Notes: Access to course materials and assignments will be available on Sheridan's Learning and Teaching Environment (SLATE). Students will need reliable access to a computer and the internet.

 
 
Section II: Course Details

Detailed Description
From recognizing a need to issuing a purchase order, learn the essentials of determining quantity, specifications and price that are the cornerstone of procurement. Scenarios covered: repetitive purchases of production materials, procuring one-time low-cost items, large capital goods acquisition and securing commodities under long-term supply contracts. Discuss the opportunities and challenges of international procurement versus domestic. Gain a broad understanding of the role of procurement and the various ways it can be organized.

Program Context

 
Supply Chain Management Assoc Program Coordinator(s): N/A
This course is part of the Supply Management Association of Canada (SCMAO) Program


Course Critical Performance and Learning Outcomes

  Critical Performance:
N/A
 
Learning Outcomes:

To achieve the critical performance, students will have demonstrated the ability to:

  1. Describe the historical developments of Procurement and how it fits within an overall Supply Chain
  2. Define supply chain management, value chain, and purchasing
  3. Define types of tender processes and explain their uses
  4. Understand the integration of the supply chain with enterprise objectives
  5. Explain best practices for sourcing, selecting, and evaluating suppliers
  6. Explain contract formation, the competitive bidding laws of Canada and ethics
  7. Apply negotiation tactics and techniques appropriately
  8. Appreciate the use of calculations for the total cost of ownership, the break-even point, cost management, and the learning curve
  9. Understand the need for quality from suppliers
  10. Describe the basics and need for lean inventory management
  11. Explain the differences between commercial, government, and retail buying of goods and services

Evaluation Plan
Students demonstrate their learning in the following ways:

 Evaluation Plan: IN-CLASS
 Five Quizzes (worth 5% each)25.0%
 Total Cost of Ownership Assignment15.0%
 RFQ Assignment Self-study & In-Class10.0%
 In-Class Participation/ Self-Study Discussion Board (5 questions)10.0%
 Final Exam40.0%
Total100.0%

Evaluation Notes and Academic Missed Work Procedure:
Quizzes are open book. You may bring in your notes and textbook for reference. You will need a minimum mark of 60% to pass the final exam, and an overall minimum mark of 60 % is required to pass the Introduction to Procurement Course.

Provincial Context
The course meets the following Ministry of Colleges and Universities requirements:


 

Prior Learning Assessment and Recognition
PLAR Contact (if course is PLAR-eligible) - Office of the Registrar

  • Not Eligible for PLAR

 
 
Section III: Topical Outline
Some details of this outline may change as a result of circumstances such as weather cancellations, College and student activities, and class timetabling.
Instruction Mode: In-Class
Professor: N/A
Resource(s):
 TypeDescription
RequiredOtherPurchasing and Supply Chain Management, 6th Edition; AUTHORS: Monczka/Handfield/Giunipero/Patterson -©2016; ISBN13:9781285869681; Nelson eBook- ISBN13: 9781305833395

Applicable student group(s): Continuing and Professional Studies students
Course Details:

Lesson 1: Introduction

  • Supply chain management and value chains
  • Purchasing history
  • Government purchasing
  • Resale/retail buying

Lesson 2: The Purchasing Process

  • Steps & flow
  • Types of purchases
  • Tendering types and uses

Lesson 3: Supply Chain Integration

  • Internal and external processes
  • Cross-functional teams
  • Internal (functional) and external (supplier) supply chains

Quiz #1: 5%

Lesson 4: Developing Sourcing Strategies

  • Sourcing strategy
  • Commodities
  • Reverse e-auctions

Lesson 5: Supplier Evaluation & Selection

  • RFQ project issued (due week 11)

Quiz #2: 5%

Lesson 6: Negotiation

  • Exercise

Lesson 7: Contract Formation, Competitive Bidding Laws of Canada and Ethics

Quiz #3: 5%

Lesson 8: Quality Management of the Supply Chain

Lesson 9: Cost Management & Tools

  • Cost analysis
  • Total cost of ownership
  • Learning curve
  • Value analysis
  • Take home exercise issued (TCO)

Quiz # 4: 5%

Lesson 10: Lean Supply Chain Management

  • Inventory basics

Total Cost of Ownership Assignment: 15%

Lesson 11: Purchasing Services

  • RFQ project (from week 5) due

Quiz #5: 5%

RFQ: 10%

Lesson 12: Performance Measurement & Evaluation

Lesson 13: Final Exam 

Final Exam 40%



Sheridan Policies

It is recommended that students read the following policies in relation to course outlines:

  • Academic Integrity
  • Copyright
  • Intellectual Property
  • Respectful Behaviour
  • Accessible Learning
All Sheridan policies can be viewed on the Sheridan policy website.

Appropriate use of generative Artificial Intelligence tools: In alignment with Sheridan's Academic Integrity Policy, students should consult with their professors and/or refer to evaluation instructions regarding the appropriate use, or prohibition, of generative Artificial Intelligence (AI) tools for coursework. Turnitin AI detection software may be used by faculty members to screen assignment submissions or exams for unauthorized use of artificial intelligence.

Course Outline Changes: The information contained in this Course Outline including but not limited to faculty and program information and course description is subject to change without notice. Nothing in this Course Outline should be viewed as a representation, offer and/or warranty. Students are responsible for reading the Important Notice and Disclaimer which applies to Programs and Courses.


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