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LG 424 Purchasing & Vendor Management
Wagner, Peter G.


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

F1HH 2008 PA

Faculty

Wagner, Peter G.

Title

Senior Instructor

Degrees/Certificates

MS, Systems Managemnt/Logistics
BS, Accounting

Office Hours

before or after class, or by appointment

Other Phone

937 640 1619

E-Mail

207057@park.edu

Semester Dates

August 4 - October 5, 2008

Class Days

--T----

Class Time

5:30 - 10:30 PM

Credit Hours

3


Textbook:
Dobler and Burt, World Class Supply Management - the Key to Supply Chain Management; 7th ed.; Southwestern Publishing; ISBN 0324007515

Textbooks can be purchased through the MBS bookstore

Textbooks can be purchased through the Parkville Bookstore

Additional Resources:

Numerous titles on topics related to Purchasing and Vendor Management, Supply Chain Management, and Acquisition Management, are available at the WPAFB Base library, Dayton/Montgomery County Public Libraries, Greene County Public Libraries, and other area libraries (e.g., Wright State University, Sinclair Community College, etc.)

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:
LG424 Purchasing and Vendor Management: 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 instructor´s educatioanl philosophy is one of interactiveness based on lectures, readings, quizzes, dialogues, examinations, and writings.  The instructor will seek to engage each learner in the lively exploration of ideas, issues, and contradictions

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:

Each student will be graded on a hierarchical scale of academic achievement as follows:

 

QUIZZES 

 

Quizzes may be given at any time during the course. Quizzes are short, 10 multiple choice question exercises. They are designed to provide current feedback to both the student and the instructor. Quizzes may include questions related to independent reading material in the text (see addendum to the syllabus). Quizzes will be unannounced in advance, and there will be no quiz make-ups. Students in an “unexcused absence” status at the time a quiz is given receive a grade of zero for that quiz.

 

TESTS

 

Major tests (“Milestone Examinations”) will be given at appropriate course milestones as indicated in the course outline.  These tests may require the interpretation and solution of problems or case studies, and/or responding to multiple-choice questions and/or essays. Students in an “excused absence” status at the time of an exam will have the opportunity to take a make-up exam.

 

FINAL EXAM

 

May include problems/case studies as well as objective (T/F and/or MC) and essay questions, which will be comprehensive.
 

 

HOMEWORK

 

Homework assignments will be reviewed

for credible effort and accomplishment.

Grading:

Your final numerical rating will be calculated based on:

 

CRITERIA FOR EVALUATION

 

Type of Performance:

    

·        Homework                                               20

·        Quizzes                                                     15       

·        Milestone Exams                                       30
         (I & II 5 points, III 20 points) 
         Milestone exam III will measure CORE ASSESSMENT: All Park University courses must include a core assessment that measures the relevant Departmental Learning Outcomes. The purpose of this assessment is to determine if expectations have been met concerning mastery of learning outcomes across all instructional modalities. The core assessment will measure at least 75% of the Core Learning Outcomes (CLO’s). The milestone exam III core assessment will be week 7 of the term and will count for at 20% of the final grade.

·        Final Examination                                      35

          100 points/% total possible

 

 

Final course letter grades will be assigned as follows:

 

A 89.5 - 100%

B 79.5 - 89.4%

C 69.5 - 79.4%

D 59.5 - 69.4%

E 59.4% or lower

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.

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:
 INCOMPLETES

Only to be given in place of a grade in extenuating circumstances beyond the student’s control (excessive TDY hospitalization, etc.) If a student does not show up for the final, an incomplete is never automatically given. Only if you contact the instructor and provide documentation for an excused absence will an incomplete be given. All incompletes are subject to approval by the Park University Administrator. Students have 60 days from the last day of the term to make up their grade. If not made up, incompletes become “F’s”.

  ATTENDANCE POLICY

The instructor may excuse absences for cogent reasons, but missed work must be made up within the term of enrollment. What determines an excused absence other than TDY or medical reason is up to the instructor’s discretion. THREE UNexcused absences will result in a grade of F.

 

This is the official Park University policy. Please note that for an absence to be an officially excused absence (1) I must agree and (2) you must provide documentation (which I have to turn in to the Administrator

Classroom Rules of Conduct:

A credible level of effort appropriate to the course material, which may vary from student to student (e.g., time required for independent study), is expected. Students are expected to initiate communication with the instructor regarding absences, perceived deficiencies in coursework performance, etc. Park University policies regarding attendance and student conduct, which includes academic honesty, will be enforced. Submitting someone else’s work as your own, for example, will not be tolerated. Penalties for violating ethical standards can include receiving an “F” for the course and suspension or expulsion from the College. On the issue of academic honesty/plagiarism Park University policies regarding academic honesty will be enforced. Academic honesty is required of all members of a learning community. Hence I will not tolerate cheating or plagiarism on tests, examinations, papers, or other course assignments. Students who engage in such dishonesty may be given failing grades or expelled from Park. Plagiarism is the appropriation or imitation of the language or ideas of another person and presenting them as one’s original work –sometimes occurs through carelessness or ignorance. Students who are uncertain about proper documentation of sources should consult their instructors.

The following is excerpted from the Park Undergraduate Catalog:

 

The following codes have been adopted as a structure by which Park University will function. The major emphasis in any disciplinary action is the education and development of the student for responsible citizenship and the protection of the rights of the other students to participate fully in the educational process.

 

The student conduct standards apply to behavior on Park University Property and at all Park University sponsored activities held off-campus or students attending Park University extended campus centers. Park University has the right to subject off-campus students to Student conduct Code. Regulations apply to both individual students and student organizations. Violations of either civil law or Park University regulations, which are subject to disciplinary action include, but are not limited to, the following:

 

A.       Dishonesty, whether cheating, plagiarism, or knowingly providing false or misleading information to Park University or to persons of authority who are in the process of discharging their responsibilities.

C. Obstruction or disruption of teaching, classes, research, administration, disciplinary procedure, or other Park University activities…

D. Abuse of any person on…Park University Campus Centers, whether physical, emotional, or verbal.

G. Possession, consumption, or being under the influence of or impaired by alcoholic beverages in Park University

H. Use, manufacture, possession, or distribution of drug paraphernalia, narcotic, and illegal and/or illicit drugs…

J. Smoking or other use of tobacco. Tobacco use is only permitted out of door in designated areas.

K. Failure to comply with directions of Park University officials acting in the performance of their duties.

 

Absences: The instructor may excuse absences for cogent reasons, but missed work must be made up within the term of enrollment. What determines an excused absence other than TDY or medical reason is up to the instructor’s discretion. THREE UNexcused absences will result in a grade of F. This is the official Park University policy. Please note that for an absence to be an officially excused absence, (1) I must agree and (2) you must provide documentation (which I have to turn in to the Administrator)

Course Topic/Dates/Assignments:
1 Introduction; Course Overview & Administration

 The Foundation Chapters 1 - 4

 

 2 Supply Chain Management Concepts Chapters 5 - 9

3 Milestone Examination I
The Requirements Process Chapters 10 - 13

 4 Strategic Sourcing Chapters 14 - 16

 5 Milestone Examination II

 Strategic Cost Management Chapters 17 - 20

6 Relationship Management Chapters 21 - 24

7 Milestone Examination III :  Assessment of Core Objectives Learning

 Milestone exam III will measure CORE ASSESSMENT: All Park University courses must include a core assessment that measures the relevant Departmental Learning Outcomes. The purpose of this assessment is to determine if expectations have been met concerning mastery of learning outcomes across all instructional modalities. The core assessment will measure at least 75% of the Core Learning Outcomes (CLO’s). The milestone exam III core assessment will be week 7 of the term and will count for at 20% of the final grade.

Institutional and Government Procurement Chapters 25 - 26
 
 
8 World Class Supply Chain Management Chapter 27
 
Course Synthesis and Concluding Remarks
 
9 FINAL EXAMINATION

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 2008-2009 Undergraduate Catalog Page 87

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 2008-2009 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 "F".
  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 2008-2009 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
 

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Last Updated:7/18/2008 12:09:27 PM