| Learning objectives |
- Understand and explain the relationship between different roles
of procurement and analysis techniques rooted in management
accounting.
- Explain how management accounting methods can be applied to
solving specific decision problems within procurement.
- Critically reflect on financial and non-financial performance
metrics and evaluate in which context they are suitable to manage
the procurement function.
|
| Examination |
|
Performance
Measurement in Procurement Organizations:
|
| Exam
ECTS |
7,5 |
| Examination form |
Oral exam |
| Individual or group exam |
Individual exam |
| Duration |
20 min. per student, including examiners'
discussion of grade, and informing plus explaining the
grade |
| Preparation time |
With the listed preparation time: 20
Minutes |
| Grading scale |
7-step scale |
| Examiner(s) |
Internal examiner and second internal
examiner |
| Exam period |
Winter |
| Aids |
Open book: all written and electronic aids
The student is
allowed to bring to the preparation room: Simple writing and
drawing utensils, laptop/tablet as a reference book (NB: there are
no electric outlets available), any calculator, books including
translation dictionaries, compendiums, notes. PLEASE NOTE: Students
are not allowed to communicate with others during the preparation
time. |
| Make-up exam/re-exam |
Same examination form as the ordinary exam
|
Description of the exam
procedure
Oral exam. 20 min. per student, including examiners'
discussion of grade, and informing plus explaining the
grade.
|
|
| Course content and structure |
|
The overall aim of the course is to outline how decision
problems in the procurement function of an organisation can be
solved based on analysis techniques rooted in management
accounting.
The course begins with a discussion of the different roles of
the procurement function. Subsequently, management accounting
methods to derive and analyse key performance indicators of the
procurement function are discussed and illustrated based on Harvard
Business School case studies. In addition to strategic cost
management in procurement with a focus on financial metrics,
non-financial performance indicators are covered in the course.
The highlight of the course is the Live-Case where selected
theoretical content of the course will be applied to a practical
problem. Students receive a presentation by company representatives
and get the opportunity to ask questions. Thereafter, they have
time to define and delimit the problem and to work on a solution.
The solution is presented in front of company representatives where
students receive individual and group feedback.
|
| Description of the teaching methods |
| Lectures, case discussions, student
presentations, and guest lectures. |
| Feedback during the teaching period |
| Class feedback during and after cases solved in
class. |
| Student workload |
| Lectures |
33 hours |
| Reading and preparation of cases |
173 hours |
|
| Further Information |
|
The course is part of the Minor in Strategic
Procurement.
|
| Expected literature |
- Cooper, R.; Slagmulder, R. (2003a): Interorganizational
Costing, Part 1. In Cost Management Sept/Oct, pp. 14–21.
- Cooper, R.; Slagmulder, R. (2003b): Interorganizational
Costing, Part 2. In Cost Management Nov/Dec, pp. 12–24.
- Cooper, R., and R. Slagmulder. 2004. Interorganizational cost
management and relational context. Accounting, Organizations and
Society 29 (1): 1–26.
- Ellram, L. (1995): Total cost of ownership - An analysis
approach for purchasing. In International Journal of Physical
Distribution & Logistics Management 25 (8), pp. 4-23.
- Hofmann, E.; Maucher, D.; Kotula, M.; Kreienbrink, O. (2014):
Performance measurement and incentive systems in purchasing. More
than just savings. Heidelberg: Springer.
- Kaplan, R.; Norton, D. P. (2001): Transforming the Balanced
Scorecard from Performance Measurement to Strategic Management:
Part I. In Accounting Horizons 15 (1): 87-104.
- Kaplan, R. S.; Norton, D. P. (2008): Mastering the Management
System. Harvard Business Review January: 1- 16.
- Lockamy, A.; Smith, W. I. (2000): Target costing for supply
chain management: criteria and selection. In Industrial Management
& Data Systems 100 (5), pp. 210–218.
- Mena, C.; van Hoek, R. I.; Christopher, M. (Eds.) (2014):
Leading procurement strategy. Driving value through the supply
chain. London, Philadelphia: Kogan Page. Chapter 1.
- Trent, R. J., and L. R. Roberts. 2010. Managing global supply
and risk: Best practices, concepts, and strategies. Fort
Lauderdale, Fla. J. Ross Pub. Chapter 4.
- Wouters, M., J. C. Anderson, and F. Wynstra. 2005. The adoption
of total cost of ownership for sourcing decisions - a structural
equations analysis. Accounting, Organizations and Society 30 (2):
167–91.
|
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