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Analyze the role of purchasing within an organization and how it relates to supply chain
Assessment Strategies
Case study, project, written test/quiz, and/or written product
Criteria
Describe the difference between purchasing and supply chain
Identify the types of purchases made by the organization and who is involved in purchasing decisions
Summarize the basic steps of the purchasing process and purchasing cycle
Explain the role of procurement tools, technologies, and e-procurement
Explain how organizations are seeking to improve the procurement process
Identify internal and external stakeholders and corresponding interests
Relevant facts are identified, utilized, and/or analyzed
Submission response is written from a business perspective
Submission includes proper capitalization and grammar
Submission includes persuasive arguments supported by data when requested
Submission meets or exceeds 70% of requirements
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Compare differences between strategic sourcing and conventional purchasing
Assessment Strategies
Case study, project, written test/quiz, and/or written product
Criteria
Summarize conventional purchasing objectives and supply chain management objectives
Explain how supply and enterprise strategies must align to drive value
Summarize each of the different types of supply chain management strategies
Cascade supply chain management strategies to supply chain tactics
Summarize the concept of total cost of ownership
Relevant facts are identified, utilized, and/or analyzed
Submission response is written from a business perspective
Submission includes proper capitalization and grammar
Submission includes persuasive arguments supported by data when requested
Submission meets or exceeds 70% of requirements
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Evaluate suppliers that align with the business objectives
Assessment Strategies
Case study, project, written test/quiz, and/or written product
Criteria
Describe the seven-stage supplier selection process
Describe different methods of rating suppliers
Identify key criteria to narrow the supplier selection pool
Link the principles of total quality management, ISO, and Lean Six Sigma to supplier management best practices
Relevant facts are identified, utilized, and/or analyzed
Submission response is written from a business perspective
Submission includes proper capitalization and grammar
Submission includes persuasive arguments supported by data when requested
Submission meets or exceeds 70% of requirements
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Identify risk management practices and procedures
Assessment Strategies
Case study, project, written test/quiz, and/or written product
Criteria
Describe methods to manage the various forms of supply base risk
Rationalize managing for sustainability and socially responsible sourcing in the supply base
Outline the legal and ethical considerations for building and managing a supply chain
Relevant facts are identified, utilized, and/or analyzed
Submission response is written from a business perspective
Submission includes proper capitalization and grammar
Submission includes persuasive arguments supported by data when requested
Submission meets or exceeds 70% of requirements
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Conduct negotiations
Assessment Strategies
Case study, project, written test/quiz, verbal skill demonstration, and/or written product
Criteria
Defend the role of effective planning within the negotiation process
Describe the characteristics of effective negotiators and the central role of concession management during negotiation
Summarize interest-based negotiation
Relevant facts are identified, utilized, and/or analyzed
Submission response is written from a business perspective
Submission includes proper capitalization and grammar
Submission includes persuasive arguments supported by data when requested
Submission meets or exceeds 70% of requirements
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Describe the costs, benefits, and other implications of global supply chains
Assessment Strategies
Case study, project, written test/quiz, and/or written product
Criteria
Explore cultural practices on procurement
Conduct supplier benefit risk analysis
Identify legal and ethical implications of global sourcing
Describe global purchasing policies and business practices
Relevant facts are identified, utilized, and/or analyzed
Submission response is written from a business perspective
Submission includes proper capitalization and grammar
Submission includes persuasive arguments supported by data when requested
Submission meets or exceeds 70% of requirements
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Summarize supplier and vendor contract management cycle
Assessment Strategies
Case study, project, written test/quiz, and/or written product
Criteria
Outline the components of contact planning and management
Evaluate the contract development and execution process/cycle
Identify the internal and external stakeholders involved in contract development
Identify the key components of a contract and purchase order
Identify types of contracts and purchase
Compare different types of contracts and purchase orders (pros and cons)
Relevant facts are identified, utilized, and/or analyzed
Submission response is written from a business perspective
Submission includes proper capitalization and grammar
Submission includes persuasive arguments supported by data when requested
Submission meets or exceeds 70% of requirements
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Identify strategies for managing supplier relations
Assessment Strategies
Case study, project, written test/quiz, and/or written product
Criteria
Identify legal and ethical implications of managing supplier relations
Compare the pros and cons of supplier involvement with quality management processes
Identify strategies to improve supplier relations
Relevant facts are identified, utilized, and/or analyzed
Submission response is written from a business perspective
Submission includes proper capitalization and grammar
Submission includes persuasive arguments supported by data when requested
Submission meets or exceeds 70% of requirements