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LG 424 Purchasing & Vendor Management
Bales, Kathryn L.


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 & Vendor Management

Semester

S1T 2008 DL

Faculty

Bales, Kathryn L.

Title

Adjunct Instructor

Degrees/Certificates

Master Of Science - Workforce Education
Master of Arts - Procurement and Acquisition
Certified Professional Contract Manager/Certified Federal Contract Manager

Office Location

Virtual

Office Hours

5 PM - 9 PM CST

Daytime Phone

314-960-0452 All messages will be answered after 5 PM

Other Phone

Fax 314-714-4916

E-Mail

lynn.bales@park.edu

Semester Dates

Jan 14- Mar 9, 2008

Class Days

VIrtual

Class Time

Virtual

Credit Hours

3


Textbook:
 

Textbook:

World Class Supply Management, 7th Edition, Burt, Dobler, Starling, McGraw Hill Irwin, ISBN:0-07-229070-6

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/.
Advising - Park University would like to assist you in achieving your educational goals. Please contact your Campus Center for advising or enrollment adjustment information.
Online Classroom Technical Support - For technical assistance with the Online classroom, email helpdesk@parkonline.org or call the helpdesk at 866-301-PARK (7275). To see the technical requirements for Online courses, please visit the http://parkonline.org website, and click on the "Technical Requirements" link, and click on "BROWSER Test" to see if your system is ready.
FAQ's for Online Students - You might find the answer to your questions here.


Course Description:
A study of the procurement and contracting process including planning, developing and contracting for major systems. Topics include purchasing policy and strategy, value, analysis engineering, quality assurance, make-or-buy decisions, principles of inventory management, institutional and government purchasing management. 3:0:3

Educational Philosophy:
The instructors philosophy is one of interaction based on student homework and assignment submittal, timely feedback,  and phone conversations (if needed/desired). Various websites and articles will be introduced and reviewed.

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:
 

Class Assessment:

Assignment

Possible Points

Total Points

Total %

7 Weekly Quizzes
(Weeks 1-7)

100 pts each

700

23

8 Homework
(Weeks 1-8)

150 pts each

1200

40

4 Weekly Peer Reviews

12.5 pts each

50

2

Business Article Review

Final Exam (Week 8)

50

1000 pts

50

1000

2

33

TOTAL

3,000 pts

100

Grading:
 

Letter

Points

A

2700 - 3000

B

2400 - 2699

C

2100 - 2399

D

1800 - 2099

F

0 - 1799

The course grade for students will be based on the overall average of homework and tests taken during the course in accordance with the weighting of the various requirements as stated in the syllabus.

All final exams in all School of Business and Management courses will be comprehensive and will be closed book and closed notes. They will constitute 30% of the total course grade and will not be a take-home exam. They will be completed during the test week in the period designated by the registrar or by the Proctor in the case online courses. 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 Dean of the School of Business and Management.

Late Submission of Course Materials:
 

Course material will not be accepted if submitted late without prior permission. Any excuses for late work and absences must be documented-doctor notices, etc. 

Classroom Rules of Conduct:

The student will read all material, participate in on line discussions, turn in all assignments and take all tests.  There will be no rude or complaining postings.  All problems will be discussed with instructor via emal. 

ONLINE NOTE: An attendance report of "P" (present) will be recorded for students who have logged in to the Online classroom at least once during each week of the term. Recording of attendance is not equivalent to participation. Participation grades will be assigned by each instructor according to the criteria in the Grading Policy section of the syllabus 

Course Topic/Dates/Assignments:
 

 

Week 1: Chapters 1-4

Week 2: Chapters 5-9

Week 3: Chapters 10-13

Week 4: Chapters 14-16

Week 5: Chapters 17-20

Week 6: Chapters 21-24

Week 7: Chapters 25-26

Week 8: Chapters 27-28

 

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 2007-2008 Undergraduate Catalog Page 85-86

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 2007-2008 Undergraduate Catalog Page 85

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.
  3. Work missed through unexcused absences must also be made up within the semester/term of enrollment, but unexcused absences may carry further penalties.
  4. 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 "F".
  5. A "Contract for Incomplete" will not be issued to a student who has unexcused or excessive absences recorded for a course.
  6. 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.
  7. 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.
ONLINE NOTE: An attendance report of "P" (present) will be recorded for students who have logged in to the Online classroom at least once during each week of the term. Recording of attendance is not equivalent to participation. Participation grades will be assigned by each instructor according to the criteria in the Grading Policy section of the syllabus.

Park University 2007-2008 Undergraduate Catalog Page 87-88

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
 

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Last Updated:12/12/2007 10:51:39 PM