Purchasing and Supply Management
Part -1:
Based on your experience or readings, discuss the interface between Purchasing and Supply Management and Logistics Management - specifically with respect to selection of a third party logistics provider, analysis of the total cost of ownership, use of e-procurement capability, integration of the transportation (in-coming and out-going) spend, and management of just-in-time inventory control.
How do Purchasing and Supply Management and Logistics Management “fit” within the framework of distribution management - particularly control of in-process and finished goods inventory?
What is the role of Purchasing and Supply Management and Logistics Management professionals in the implementation of a supply chain management strategy?
Part -2:
Based on your experience or readings, discuss the role of higher education and professional development providers in the preparation of Purchasing and Supply Management professionals to meet the challenges of the profession in first quarter of this century.
What, in your judgment, is the basic difference between attaining a degree or achieving certification in Purchasing and Supply Management?
What, in your judgment, is the basic difference between attaining a Masters degree in Purchasing and Supply Management as opposed to completing a Masters Certificate in Purchasing and Supply Management? In both cases, take an employer’s perspective.