Purchasing Inventory Control
Course Description
Purchasing and inventory management is a critical component of an organization’s quality management system. This 3 credit course will focus on an organization’s need to have a well-managed system for purchasing and inventory maintenance. Course content involves supplier evaluation and negotiations techniques, as well as an examination of the purchasing function within an organization. Classroom activities and discussion will also address inventory management issues, including inventory turns and carrying costs. In addition, product receiving, inspection storage and logistics will be discussed.