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Traditional vs. Modern Purchasing and Supply Management

Traditional vs. Modern Purchasing and Supply Management

Course Features

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  • Lesson: 0
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  • Prerequisites: No
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  • Course Capacity: 50
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Descriptions

    • This is a course on how the principles of Total Quality Management/continuous improvement (kaizen) have been applied by forward-looking and innovative organizations to modernize their purchasing and supply management function.
    • The course leads to an identification of a set of strategies and best practices that have been proven to work and show great promise of improving an organization’s quality, productivity, competitiveness, and profitability levels, provided that they are correctly and consistently applied.
    • This set of best practices is known as Quality Purchasing and Supply Management (QPSM).  The course describes these practices and recommends how they can be properly applied in the Philippine environment.

 

Introduction

All business organizations engage in procurement from external vendors, suppliers, contractors or subcontractors. Purchasing and supply management is vital to the operations of any business firm, especially a manufacturer. But even firms engaged in service businesses need dependable sources of supply.

 

Course Description

This is a course on how the principles of Total Quality Management/continuous improvement (kaizen) have been applied by forward-looking and innovative organizations to modernize their purchasing and supply management function. The course leads to an identification of a set of strategies and best practices that have been proven to work and show great promise of improving an organization’s quality, productivity, competitiveness, and profitability levels, provided that they are correctly and consistently applied.

This set of best practices is known as Quality Purchasing and Supply Management (QPSM).  The course describes these practices and recommends how they can be properly applied in the Philippine environment.

Learning Outcomes

At the end of this course, the participants will have been able to:

  1. Identify the strategic issues that are embodied in the procurement of goods and services from external entities
  2. Compare and contrast the traditional paradigms of purchasing or procurement vs. those of QPSM
  3. Create a roadmap for change in their organization from traditional purchasing to QPSM using the principles and concepts of TQM/continuous improvement (kaizen)

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