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LG 424 Purchasing & Vendor Management
Vazquez, Ruben


Mission Statement: Park University provides access to a quality higher education experience that prepares a diverse community of learners to think critically, communicate effectively, demonstrate a global perspective and engage in lifelong learning and service to others.

Vision Statement: Park University, a pioneering institution of higher learning since 1875, will provide leadership in quality, innovative education for a diversity of learners who will excel in their professional and personal service to the global community.

Course

LG 424 Purchasing & Vendor Management

Semester

F2T 2012 DL

Faculty

Vazquez, Ruben

Title

Adjunct Faculty/Instructor

Degrees/Certificates

Masters of Business Administration, University of Phoenix, 2007.
BS Management of Human Resources Excelsior College, 2006.

Office Location

Virtual

Office Hours

7:30-8:30PM Monday-Friday and Sat/Sun 10AM-8PM, EST

Other Phone

703-554-5631 by appointment only

E-Mail

ruben.vazquez@park.edu

Semester Dates

October 22 – Dec 16, 2012

Class Days

Distance Learning

Class Time

TBA

Credit Hours

3


Textbook:
 Irwin/ McGraw-Hill, Supply Management, 8th edition by Burt, ISBN 978-0-07-338145-9; MAKE SURE YOU HAVE THE 8th EDITION

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:
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:
 I believe that learning is an adventure in which you will get as much as you put in. I expect the student’s full participation in discussion question, assignments, completing the week’s text chapter readings. I will do my best to ensure the learning objectives are achieved. I encourage each student to build a mental template and as we go through the chapters of the text book begin to place each course objective as an idea, concept or method that forms the whole to enhance understanding. One must know that to have knowledge is different from having understanding of a subject.

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 each week and participating in required discussions. Students will be assessed on the quality of contributions made during discussions and on assignments.
 
Overview of Learning Assessments
 
 

Each week, you will have regular assessments:

  • Case Study Discussions: Each week, complete the assigned case studies and post your answers to the case study questions directly into the discussion area. There are two case studies each week. Answers to the case questions must be posted by midnight THURSDAY each week in each case. In addition, provide at least three comments on your peers’ postings (other than your own) in the classroom discussion area by midnight SUNDAY each week. Your comments must add significant or new information to the discussion. Comments that are simple or elaborate “I agree” statements will not receive credit. See the grading rubric below for more details. The instructor will be reviewing and grading each week, providing feedback to include confirmation of "correctness" and any other comments he/she deems necessary to ensure an understanding of the material.
  • Internet Comparison: In Week 6, you will be given instructions to review internet websites provided and assess the information and the potential benefit to a career - in the logistics field. You will provide your response in a paper which is due by Friday of Week 8.
  • Quiz: Answer and submit a weekly quiz on learning objectives to the instructor for grading and feedback. The quizzes are in essay format open book and you will have 2.5 hours each week to complete the quiz. The instructor will grade the essay questions and provide feedback as appropriate.
  • Lesson Learned: After completing all the assignments, develop a 'one paragraph' comment on individual course activities during the week. The paragraph may include topics that are key points, particularly useful items, or any other information that will be beneficial to the class. The instructor will respond and comment as appropriate.
  • Extra Credit: Extra credit assignments are offered during some weeks of the course. Note: Extra credit will only be given if ALL the weekly required assignments are completed.
  • Final Exam/Core Assessment: Complete a final exam during Week 8. The exam will contain 10 short answer/essay questions worth 10 points each. You will have only 2 hours to complete the exam. The exam will be closed book/no notes. To prevent cheating, students are strictly forbidden from keeping the final exam, the solutions, or copies of either.
  • The final will be proctored. You must follow the Park University procedures for obtaining an approved proctor by week 6 of the course. Please refer to the Online Student Help and Resources page to review the requirements for locating a proctor and the procedure for completing a Proctor Request Form.

 

Assignment

Possible Points

Total Points

Total %

7 Weekly Quizzes
(Weeks 1-7)

25 pts each

175

17.5%

7 Case Studies
(Weeks 1-7)

30 pts each week

210

21%

7 Weekly Peer Reviews (Weeks 1-7)

30 pts each week

210

21%

8 Weekly Lessons Learned

6.25 pts each (1pt Week 8)

50

5%

Internet Comparison

105 pts

105

10.5%

Final Exam
(Week 8)

250 pts

250

25%

TOTAL

--

1000 pts

100%

Grading:
 

Grading:

A = 90% and higher

B = 80% - 89.9%

C = 70% - 79.9%

D = 60% - 69.9%

F = Below 60%

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 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.

Late Submission of Course Materials:
 

Arrangements must be made in advance to make up class assignments. Discussions cannot be made up.

Classroom Rules of Conduct:
Students are expected to participate in all discussions in a mutually respective and civil manner.

Course Topic/Dates/Assignments:
 

Week 1: Chapters 1-4, discussion, lessons learned, quiz

Week 2: Chapters 5-9, discussion, lessons learned, quiz

Week 3: Chapters 10-12, discussion, lessons learned, quiz

Week 4: Chapters 13-16, discussion, lessons learned, quiz

Week 5: Chapters 17-19, discussion, lessons learned, quiz

Week 6: Chapters 20-21, discussion, lessons learned, quiz

Week 7: Chapters 22, discussion, lessons learned, quiz

Week 8: Review, Final Exam, Internet Comparison 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 students and faculty members are encouraged to take advantage of the University resources available for learning about academic honesty (www.park.edu/current or http://www.park.edu/faculty/).from Park University 2011-2012 Undergraduate Catalog Page 95-96

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. from Park University 2011-2012 Undergraduate Catalog Page 95

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.
ONLINE NOTE: Students must participate in an academically related activity on a weekly basis in order to be marked present in an online class. Examples of academically-related activities include but are not limited to: contributing to an online discussion, completing a quiz or exam, completing an assignment, initiating contact with a faculty member to ask a course related question, or using any of the learning management system tools.

Park University 2011-2012 Undergraduate Catalog Page 98

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:10/19/2012 2:01:04 PM