|UNIVERSITY OF MAKATI
Bachelor of Science In Business Administration Major in Supply Management
|JOSE RIZAL UNIVERSITY
Bachelor of Commercial Science Major in Supply Management
The supply management concentration prepares students to assume roles as supply management professionals in profit making and not-for-profit organizations. We provide students with the necessary theoretical, analytical and practical skills required to manage the flow of materials and products from the original source to the final consumer. The program of study emphasizes the demand and replenishment, purchasing, logistics operations and customer service dimensions of the field in supply management.
At the end of the two years, the student can be given a Certificate of Completion to certify their readiness to assume entry level positions in supply management.
A total of 162 credits is required to satisfy degree requirements.
General Education: 66 total credits
The University Core provides undergraduates with a common intellectual foundation for their college careers. Core courses focus on issues and values central to the tradition and mission of the university. These courses are not merely preparation for professional study, but for life long learning.
Basic Business Requirements/other major: 42 total credits
Business requirements professionally prepare students to meet the challenge of a business career through an application of initiative and responsibility; by developing to work harmoniously with others and to adjust to changing circumstances; by encouraging logical thinking and analytical reasoning; and by developing an awareness of the important role of quantitative measurements in today’s business world.
Major Requirements (including electives): 54 total credits
Major requirements provide the theoretical background and specific skills particular to the field of Supply Management.
First Year, First Semester Subjects (total of 9 units)
Introduction to Supply Chain Management (3 units)
The course aims to define the various functions of supply chain management. The discussion will cover what supply chain is, the goals of supply chain and the four pillars of supply management. It will cover the key functions of demand and replenishment, logistics operations, purchasing and customer service. The course will allow the students to understand the inter-relationships of all the supply management functions as well as the application of strategies to optimize supply management performance.
Fundamentals of Purchasing (3 units)
This course will cover Purchasing’s roles and responsibilities. Students will learn Purchasing’s key objectives, Purchasing policies, organization and processes. The course will allow the students to understand the importance of purchasing in the business and its roles in a business enterprise as well as the core functions of purchasing to include vendor sourcing, purchasing negotiation and determination of the right price. It will also cover the purchasing functions and processes.
Introduction to Customer Service and Logistics Operations (3 units)
The course is an introduction to Customer Service and Logistics Operations providing the students with an understanding of the role of customer service and logistics operations in the organization. It will provide basic knowledge and skills in warehousing, transportation and distribution and learn about the basic customer service concepts and its emerging role in the supply management functions. Topics will include customer expectations, customer service objectives, order management, introduction of warehousing, materials handling, record keeping and communication as well as performance measurement. It will also provide basic understanding on the various modes of transportation and basic considerations in selecting the appropriate mode of transportation for distribution.
First Year, Second Semester Subjects (total of 6 units)
Inventory Management and Demand Forecasting (3 units)
This subject will provide the students with a basic understanding of inventory management and demand forecasting, its importance in the supply chain and the financial impact in the organization. The students will learn and understand the main types of inventory replenishment systems and control of the physical aspects of inventories. It will also allow the students to learn the various forecasting techniques and how to generate a sales forecast. Topics will include types and functions of inventories, objectives of inventory management, accounting valuation of inventories, cost of inventories and inventory management responsibilities.
Fundamentals of Warehousing (3 units)
Pre-requisite: Introduction to Customer Service and Logistics Operations
The subject will cover the various aspects of warehouse operations to include warehousing systems, record keeping and stock control. The subject aims to provide students with knowledge on stock control, safety and security in the warehouse.
Second Year, First Semester Subjects (total of 6 units)
Negotiation in Supply Management (3 units)
Negotiation is a key competency requirement for the supply management practitioner. The course will teach the student on how to prepare for, and conduct, a negotiation in a professional manner. It will help the student understand how to set realistic and achievable negotiation objectives and targets, and to develop negotiation strategies. Subjects covered include the definition of negotiation and why it is important, negotiation objectives and strategies, pricing theory and practices, stages of the negotiation process, techniques for negotiation and the characteristics of a successful negotiator.
Storage Systems and Materials Handling (2 units lecture + 1 unit lab)
Pre-requisite: Fundamentals of Warehousing
This is a laboratory subject on storage systems and materials handling.
The course will allow the student to understand the various storage systems available and its application in the industry. Students will undergo off site exposure to warehouse operations and give them actual experience in handling stocks in the warehouse. The course includes materials handling operations techniques as well as safety issues.
Second Year, Second Semester Subjects (total of 9 units)
Legal Aspects of Purchasing and Distribution, Ethics and Contract
(3 units) Pre-requisite: Obligations and Contract
Subject outlines buyer’s and supplier’s obligations and describes the overall context under which a contract is prepared and managed. It explains how the contract fits into the purchasing and supply process. Topics include types of contracts and applicable clauses, applicable laws and common laws background, contract preparation, types of risks and applicable inco terms, contract default and how to avoid it, settling disputes and termination of contracts, contract administration and review. It will also cover measuring and controlling performance. The subject will include discussions on the ethical dilemma in Purchasing. It includes topics on standards of buying and selling, conflict of interest, and development of Ethics Policy and Guidelines. Adoption of the ISM and PISM Codes of Ethics in the Purchasing Practice
Transportation and Distribution Operations(3 units)
The course will cover topics on how to optimize logistics performance levels, evaluate opportunities to reduce cost and minimize errors and achieve international standards in logistics operations. It will include discussion on the need for logistics support infrastructures, inbound and outbound transportation operations, distribution systems and operations, logistics equipment and packaging and evaluating the performance of the logistics function.
Warehouse Operations (3 units lab- OJT)
Pre-requisite: Fundamentals of Warehousing and Storage systems
and Materials Handling
Complete 500 hours of On-The-Job training on warehousing. Projects to develop skills in warehouse operations or inventory control management will be graded.
Third Year, First Semester Subjects (Total of 6 units)
Procurement and Sourcing Strategies including Global Sourcing (3 units)
Types of sourcing strategies will be discussed in this subject to include nature of sources, degree of competition and locating sources of supply. Local sourcing vs. foreign outsourcing, decisions to “make or buy” or decision to “lease or buy” equipment is part of the course outline. This course will include supplier evaluation and selection under the following topics: supplier accreditation process, developing basic model for assessing suppliers, determining and weighing criteria for “appraising’s supplier capabilities, methods of rating suppliers and maintaining and managing supplier database. The course will also examine the operational requirements of purchasing and logistics in the international market. The subject will include the opportunities and complexities of sourcing from other countries. It explains the most important aspects associated with global sourcing and logistics management as it related to importation, selection of freight providers, choice of logistic equipment and packaging, evaluating performance and cost optimization. It also includes basic import requirements and procedures as well as those of exports.
Customer Service Priorities and Strategies (3 units)
Pre-requisite: Introduction to Customer Service
The course will help the students in setting customer service priorities and service standards. The subject will also show how customer service can contribute to the over-all business as well as understand how to establish customer service strategies.
Third Year, Second Semester Subjects (Total of 6 units)
e-Procurement and Reverse Auctions (3 units)
Pre-requisite: Fundamentals of Purchasing
e-Procurement and reverse auctions are the latest additions to Purchasing strategies today. The course will allow the students to understand what e-Procurement is and how it is used to provide efficiency and effectiveness to the organization. Topics will include why companies adopt e-Procurement as a strategy, benefits as well as discussions on reverse auction. It will include topic on data network communication.
Demand Management and Production Management(3 units)
Pre-requisite: Inventory Management and Demand Forecasting
The course will cover the analysis of the forecast and match it with the available resources. It will teach the student to translate the demand into a Production Plan to support the business requirements. It will also include discussions on the preparation of the Master Production Schedule (MPS) as well as use of Capacity Planning and Materials Requirements Planning to support the MPS.
Fourth Year, First Semester Subjects (Total of 6 units)
Strategic Purchasing (3 units)
Pre-requisite: Fundamentals of Purchasing
The course aims to provide the students with an understanding of the corporate environment and the role of purchasing in the various types of organization and culture. It will help the student to analyze supply markets, appraise market segments and provide information support. The subject will also cover how to develop supply strategies based on the material segmentation
Advanced Warehousing and Distribution Practices (3 units)
Pre-requisite: Fundamentals of Warehousing
The course is designed to provide the students with knowledge in warehouse planning and operations, The subject will cover topics such as warehouse space planning and lay-outing, improved packaging, handling and delivery, warehouse management systems, bar coding and other electronic data processes, issues on liability, claims and insurance as well as warehouse audits and performance measurements. It will also cover distribution strategies and practices.
Fourth Year, Second Semester Subjects (total of 6 units)
Financial Management for Supply Management Practitioners (3 units)
Course should be able to define the various financial tools and techniques relative to the purchasing and supply management function. The student should be able to learn how to read and analyze financial statements and report which will enable them to effectively evaluate supplier’s financial health. The course includes topics such as Scope of Financial Management and basic financial metrics.
Practicum for Supply Management/On-the-Job Training (3 units of OJT)
Complete 500 hours OJT in any area of supply management. This will allow the student to be exposed to real work life environment and provide an opportunity to gain experience professional expectations and explore working situations and prepare Project Study Proposal for improvements that commonly encountered in the area of Supply Management.