INTERNATIONAL PROCUREMENT MANAGEMENT

This course enables students to understand the fundamental principles of international procurement process. The globalization of many businesses has lead to an increasingly strong linkage of international value added processes. With this development the management of materials, information and cash flows is becoming the decisive factor. In today’s business the international procurement approach is an important factor for increasing the performance of the supply-chain network Course objectivesAt the end of this course, students should be able to:

• Define international procurement
• Describe the international procurement process
• understand the elements of procurement from a international perspective
• source materials internationally and manage the supply chain professionally 
• evaluate the impact of trade agreements and considerations.