The professional seminar supplements the core and elective courses in the area of procurement and acquisitions management by focusing on issues of current and special interest. Course may be repeated for credit if content differs. Graduate students may apply a maximum of 3 credit hours of these seminars as electives to meet the credit-hour requirements for graduation. This course may not be completed by directed study. The legal framework for acquisition contracts is examined.
Students review the Uniform Commercial Code as it relates to acquisitions and basic contract law.
Needs assessments are translated into facilities procedures and operating methodologies. The course involves scope, strategies, and objectives related to negotiated acquisitions. The preparation, conduct, and documentation of the negotiation process are included. The student reviews the area of physical distribution management, including warehouse management and layout, transportation, and customer service. The course focuses on existing theories and practices, with emphasis given to new and emerging topics in the field.