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LG 424 Purchasing and Vendor Management
Hunn, Heather M.


Mission Statement: The mission of Park University, an entrepreneurial institution of learning, is to provide access to academic excellence, which will prepare learners to think critically, communicate effectively and engage in lifelong learning while serving a global community.

Vision Statement: Park University will be a renowned international leader in providing innovative educational opportunities for learners within the global society.

Course

LG 424 Purchasing and Vendor Management

Semester

S1R 2007 SC

Faculty

Hunn, Heather M.

Title

Adjunct Faculty

Degrees/Certificates

B.A. Biology, University of Toledo, Toledo, Ohio
M.S. Logistics Management, Air Force Institute of Technology

Office Location

Scott AFB

Office Hours

By appointment

Daytime Phone

618-977-5608

Other Phone

618-256-1054

E-Mail

heather.hunn@pirate.park.edu

ehhunn@prodigy.net

Semester Dates

12 Jan - 2 Mar 07

Class Days

-----F-

Class Time

5:00 - 10:00 PM

Credit Hours

3


Textbook:
 McGraw-Hill, World Class Supply Management, 7th edition by Burt, Dobler, & Sterling, ISBN-13 9780072831566

Textbooks can be purchased through the MBS bookstore

Textbooks can be purchased through the Parkville Bookstore

Additional Resources:

McAfee Memorial Library - Online information, links, electronic databases and the Online catalog. Contact the library for further assistance via email or at 800-270-4347.
Career Counseling - The Career Development Center (CDC) provides services for all stages of career development.  The mission of the CDC is to provide the career planning tools to ensure a lifetime of career success.
Park Helpdesk - If you have forgotten your OPEN ID or Password, or need assistance with your PirateMail account, please email helpdesk@park.edu or call 800-927-3024
Resources for Current Students - A great place to look for all kinds of information http://www.park.edu/Current/.


Course Description:
An overview of purchasing and vendor management as it applies to the civilian world and government institutions.  Specific topics include supply management, vendor relationships, sourcing, outsourcing, contracts, and negotiations.

Educational Philosophy:
Learning through interactive lecture, in-class discussion, structured group activities, web-based discovery, internet exploration, and multi-media presentations.

Learning Outcomes:
  Core Learning Outcomes

  1. Explain the term supply management. Contrast supply management with government procurement.
  2. Define and explain the three types of buyer-supplier relationships. The student should include a discussion of transactional, collaborative and alliance relationships.
  3. Explain the significance of specifications and standards in the requirements process. The student should include a discussion of the categories of specifications, to include standardization.
  4. Discuss the issues involved in sourcing and outsourcing. The student should include a discussion of the make or buy decision, selection of suppliers, and global supply management
  5. List the general types of contract compensation. The student should include a discussion of firm fixed price, firm fixed price with price adjustment, incentive, fixed price incentive fee, cost plus incentive fee, cost plus fixed fee, and cost sharing.
  6. Explain the objectives of negotiation. The student should include a discussion of the process and techniques.


Core Assessment:
CORE ASSESSMENT: All Park University courses must include a core assessment the measures the relevant Departmental Learning Outcomes. The purpose of this assessment isto determine if expectations have been met concerning mastery of learning outcomes across all instructional modalities. The core assessment must measure at least 75% of the Core Learning Outcomes (CLO's). The assessment cannot be due until at least the 6th week of the term and must count for at least 20% of the final grade. The following assessment instrument can be given separately or as part of a final test. In either case, the test and results must be kept for further review. The assessment should be evaluated using the attached rubrics.

Link to Class Rubric

Class Assessment:
Students are responsible for reading all assignments prior to class.  Homework assignments may be assigned and will be due at the beginning of each class.  Students will be assessed on the quality of contributions made during in-class discussions and participation in group activities.  Students will take two exams during the course and present an in-class seminar the last week of the class.  A paper covering the in-class seminar topic will also be due the last week of class.  Quizzes may be given at the instructor's discretion.

Grading:

2 Tests  - 50% of grade

Presentation and Paper - 20% of grade

Homework/Quizzes - 10% of grade

Class participation - 20% of grade

 

A = 90% and higher

B = 80% - 89.9%

C = 70% - 79.9%

D = 60% - 69.9%

F = Below 60%

 

 

All final exams will be comprehensive and will be closed book and closed notes.  If calculators are allowed, they will not be multifunctional electronic devices that include features such as: phones, cameras, instant messaging, pagers, and so forth.  Electronic Computers will not be allowed on final exams unless an exception is made by the Associate Dean.

Late Submission of Course Materials:
Arrangements can be made in advance to make up class time or tests. 

Classroom Rules of Conduct:
Students are expected to come to all classes, be on-time, and stay until the end of the class.  Attendance will be taken at the beginning of each class.  Students are expected to participate in class activities and discussions in a mutually respective and civil manner.

Course Topic/Dates/Assignments:

Week 1 (12 Jan):  Ch 1 - 4 Read prior to first class

Week 2 (19 Jan):  Ch 5-9

Week 3 (26 Jan):  Ch 10 -13

Week 4 (2 Feb):  Test 1 and Ch 14 - 16

Week 5 (9 Feb):  Ch 17 - 19

Week 6 (16 Feb):  Ch 20-22
Week 7 (23 Feb):  Wrap-up, test review, case studies
 
Week 8 (2 Mar):  Test 2, Oral Presentations, Paper Due

Academic Honesty:
Academic integrity is the foundation of the academic community. Because each student has the primary responsibility for being academically honest, students are advised to read and understand all sections of this policy relating to standards of conduct and academic life.   Park University 2006-2007 Undergraduate Catalog Page 87-89

Plagiarism:
Plagiarism involves the use of quotations without quotation marks, the use of quotations without indication of the source, the use of another's idea without acknowledging the source, the submission of a paper, laboratory report, project, or class assignment (any portion of such) prepared by another person, or incorrect paraphrasing. Park University 2006-2007 Undergraduate Catalog Page 87

Attendance Policy:
Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.

  1. The instructor may excuse absences for valid reasons, but missed work must be made up within the semester/term of enrollment.
  2. Work missed through unexcused absences must also be made up within the semester/term of enrollment, but unexcused absences may carry further penalties.
  3. In the event of two consecutive weeks of unexcused absences in a semester/term of enrollment, the student will be administratively withdrawn, resulting in a grade of "W".
  4. A "Contract for Incomplete" will not be issued to a student who has unexcused or excessive absences recorded for a course.
  5. Students receiving Military Tuition Assistance or Veterans Administration educational benefits must not exceed three unexcused absences in the semester/term of enrollment. Excessive absences will be reported to the appropriate agency and may result in a monetary penalty to the student.
  6. Report of a "F" grade (attendance or academic) resulting from excessive absence for those students who are receiving financial assistance from agencies not mentioned in item 5 above will be reported to the appropriate agency.

Park University 2006-2007 Undergraduate Catalog Page 89-90

Disability Guidelines:
Park University is committed to meeting the needs of all students that meet the criteria for special assistance. These guidelines are designed to supply directions to students concerning the information necessary to accomplish this goal. It is Park University's policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, regarding students with disabilities. In the case of any inconsistency between these guidelines and federal and/or state law, the provisions of the law will apply. Additional information concerning Park University's policies and procedures related to disability can be found on the Park University web page: http://www.park.edu/disability .



Rubric

CompetencyExceeds Expectation (3)Meets Expectation (2)Does Not Meet Expectation (1)No Evidence (0)
Synthesis                                                                                                                                                                                                                                                  
Outcomes
1, 2, 4, 5                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
Able to describe supply chain management as related
to government acquisition. Able to formulate a discussion
of three types of buyer-supplier relationships. Able to  
describe the general types of contract compensation.
 
Able to describe supply chain management as related
to government acquisition. Able to formulate a discussion
of three types of buyer-supplier relationships. Un unable to  
describe the general types of contract compensation.
 
Cannot apply basic understanding
 
No basic understanding
 
Analysis                                                                                                                                                                                                                                                   
Outcomes
1, 4, 6                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
Analyze the difference in application of supply management
in industry as compared with the government.
Contrast the issues involved in sourcing and outsourcing.
Examine the objectives of contract negotiation, should
include a discussion of when used.
 
Analyze the difference in application of supply management
in industry as compared with the government.
Contrast the issues involved in sourcing and outsourcing.
Unable  to examine the objectives of contract negotiation.
 
Cannot apply basic understanding
 
No basic understanding
 
Evaluation                                                                                                                                                                                                                                                 
Outcomes
1, 2                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
Assess the difference in application of supply
management in industry as compared with the
government. Assess the differences or the three types of
buyer-supplier relationships. Evaluate the issues involved in
outsourcing (organizationally)
 
Assess the difference in application of supply
management in industry as compared with the
government. Assess the differences or the three types of
buyer-supplier relationships. Unable to evaluate the issues involved in
outsourcing (organizationally)
 
Cannot apply basic understanding
 
No basic understanding
 
Terminology                                                                                                                                                                                                                                                
Outcomes
3, 5, 2                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
Delineate the significance, define specifications and
standards. List the general types of contract compensation.
Name and define the three types of buyer-supplier
relationships
 
Delineate the significance, define specifications and
standards. List the general types of contract compensation.
Unable to name and define the three types of buyer-supplier
relationships
 
Cannot apply basic understanding
 
No basic understanding
 
Concepts                                                                                                                                                                                                                                                   
Outcomes
1, 2, 5                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
Explain the term supply chain management. Identify the
buyer-supplier relationships and the general types of contract
compensation.
 
Explain the term supply chain management. Identify the
buyer-supplier relationships. Unable to identify the general types
of contract compensation.
 
Cannot apply basic understanding
 
No basic understanding
 
Application                                                                                                                                                                                                                                                
Outcomes
1                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
Demonstrate a complete understanding of supply chain
management. Apply an understanding of transactional
collaborative and alliance relationships. Understand issues
involved in sourcing and outsourcing.
 
Demonstrate a complete understanding of supply chain
management. Apply an understanding of transactional
collaborative and alliance relationships. Does not understand issues
involved in sourcing and outsourcing.
 
Cannot apply basic understanding
 
No basic understanding
 
Whole                                                                                                                                                                                                                                                      
Outcomes
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
No errors in writing
 
1-3 errors in writing
 
4-6 errors in writing
 
7 or more errors in writing
 

Copyright:

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Last Updated:1/3/2007 9:49:30 AM