Department of Management, Marketing, and International Business

MGT 383 - Purchasing and Materials Management

College of Business, Stephen F. Austin State University

Note: This "standard" course syllabus is only a guide. Actual requirements for a particular course and section of this course are described in the course section syllabus, which should be obtained from the course instructor at the beginning of the respective semester. Requirements listed herein are subject to change without notice.

Catalog Description:  Purchasing function and its integration as a subsystem into material planning, procurement, movement, and storage activities within an organization.  Includes purchasing management, purchasing policy and procedures, and material and logistic system components.

Prerequisite: Junior standing

Course Objectives: Upon completion of this course, the student should be able to demonstrate a knowledge of the basic concepts of purchasing and materials management. This will include the process and procedures involved in purchasing and materials planning, procurement, and movement. Students should be able to research vendor, product, and market information. Students should be able to integrate knowledge to analyze and solve purchasing related problems.

Current Textbook: Benton. Purchasing and Supply Management. Current Edition. McGraw Hill Publishing.

Additional readings as assigned.

Evaluation: Student performance will be measured through a combination of examinations, class assignments, and oral presentation. Sufficient examinations should be given during a semester to provide a sound basis for the evaluation of student performance, with a minimum of a mid-term and a final. Exams should contain a combination of objective and short answer or essay questions. Other types of evaluation may be employed at the discretion of the professor.

Course Coordinator:  Ms. Cathy R. Henderson

Course Content:

Required Topics

• Role in Business
• Policies and Procedures
• Computer Based Systems/EDI
• Organization and Strategy
• Legal Considerations
• Description/Specifications
• Make-or-Buy Decisions
• Value Analysis
• Sourcing
• International/Global Sourcing
• Price/Cost Analysis
• Negotiation
• Materials Management
• Ethics and Social Responsibility
• Managing the Buying Plan Forecasting
• Quality Considerations

Optional Topics

• Capital Equipment
• Purchasing Services
• Public and Non-Profit Sector
• Reclamation and Salvage
• Transportation

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