Free MOOC on Purchasing and Supply Management (PSM) Fundamentals

  • Self-study course
  • Free of charge
  • Material available

What is this course about?

More than half of the total turnover of a modern industrial firm in Europe is directly transferred to suppliers and the bulk of supplies is no longer of domestic origin but European and international. Network economies with a low depth of production and high reliance on international suppliers let firms struggle to cope with the complexity and the new responsibilities. There is no harmonised skill profile and competence set for Purchasing & Supply Management (PSM).

This course arises from the Erasmus+ project “Purchasing Education and Research for European Competence Transfer“ (PERFECT) (www.project-perfect.eu) which develops a harmonised curriculum in PSM and aims at an increase in the number of highly qualified students who are suitable for entering the workplace in PSM related jobs in any size of organization and industrial setting.

For Sttafordshire Business School Dr Steve Kelly (now at Edge Hill) and Marzena Reska were the staff involved in the project.

What do you learn in this course?

  • Identify the basic role, benefits, processes and aspects of a PSM department and a variety of specific job roles.
  • Apply a range of purchasing techniques and tools to purchasing activities.
  • Describe cross-functional connections between purchasing and other departments, and departments’ connections to external stakeholders.
  • Identify opportunities and challenges when acting as the interface between internal customer requirements and external supply networks.
  • Understand the impact of supplier relationship management on PSM performance and apply collaboration tools.
  • Evaluate trends and developments in PSM and interpret their consequences.

How is the course structured?

Over the course, you have the chance to participate in the following sequences on Purchasing & Supply Management (PSM) basics.

  • Introduction to project PERFECT
  • Definition and Meaning of PSM
  • PSM Organisation and Roles
  • PSM Processes
  • Strategic Procurement
  • Offers, negotiations, contracts
  • Supplier Relationship Management
  • Procurement Technology & Digitalisation
  • PSM Controlling
  • Risk Management in PSM

Enrol free now: www.oncampus.de/weiterbildung/mooc/perfect?lang=en

Funded by the ERASMUS + PROGRAMME

 

 

 

Disclaimer
The creation of these resources has been (partially) funded by the ERASMUS+ grant program of the European Union
under grant no. 2015-1-DE01-KA203-002174.
Neither the European Commission nor the project‘s national funding agency DAAD are responsible for the content or liable for any losses or damage resulting of the use of these resources.

Project PERFECT and the University of Twente Purchasing Conference

The PERFECT Project, funded by the ERASMUS+ scheme, is developing a pan-European harmonised higher education curriculum for Purchasing and Supply Management (PSM). The Project is Coordinated by Dortmund University of Technology (Germany), and Staffordshire University are working alongside the Universities of Mainz (Germany), Twente (Netherlands) and Lappeenranta (Finland). Regular partner meetings bring together representatives from the different institutions to discuss progress on the different parts of the project and ensure that the outputs of the project are timely and meet the diverse needs of the potential audience for the curriculum.

Members of the PERFECT team recently conducted a series of interviews with individuals at a wide variety of European companies in order to develop understanding of what skills and knowledge are required by PSM practitioners now and in the future. The University of Twente is currently developing a questionnaire to broaden this understanding. This work will inform the development of a robust and industry-focused curriculum that can be used by educational institutions across Europe and also inform in-house training for companies.Project PERFECT Team at University of Twente

Last week Dr Steve Kelly and Tom Ward were at the University of Twente in the Netherlands for a project transnational meeting at which representatives from all the partners were present. The meeting ended with the participants joining the annual University of Twente Purchasing Conference (UTPC), hosted by Professor Dr habil. Holger Schiele. Steve was delighted to be invited give the keynote address to an audience of practitioners, students and academics. In addition, other members of the project team delivered a workshop based on the findings of the project so far. The UTPC was organised by the students of the University of Twente who had designed a superb day, full of a variety of interesting talks and interactive workshops, and a great opportunity for networking. The participants found the work of the PERFECT project interesting and stimulating, and the workshop has opened up further opportunities for collaboration between industry and academia.Project Perfect logo

EU flag Erasmus+ logo

The creation of these resources has been (partially) funded by the Erasmus+ grant programme of the European Union under grant number 2015-1-DE01-KA203-002174. Neither the European Commission nor the project’s national funding agency DAAD are responsible for the content or liable for any losses or damage resulting from the use of these resources.

For further details of the project go to http://www.perfect.lfo.tu-dortmund.de/.

Contact Steve at stephen.kelly@staffs.ac.uk and Tom at t.ward@staffs.ac.uk.