*Core Subjects/Syllabus* 

*Semester 1: Foundations of Purchase Management* 

1. *Introduction to Procurement and Supply Chain* 

   - Role of procurement in organizational success. 

   - Types of procurement (direct, indirect, global). 

   - Supply chain fundamentals (suppliers, manufacturers, distributors). 

 

2. *Principles of Purchasing* 

   - Purchase cycle (requisition to payment). 

   - Tendering processes (RFQ, RFP, RFI). 

   - Purchase order management and documentation. 

 

3. *Materials Management* 

   - Inventory classification (ABC, VED analysis). 

   - Stock keeping and warehouse management. 

   - Just-in-Time (JIT) and Economic Order Quantity (EOQ). 

 

4. *Vendor Management* 

   - Supplier selection criteria (cost, quality, reliability). 

   - Vendor rating and performance evaluation. 

   - Contract negotiation strategies. 

 

5. *Business Communication and Ethics* 

   - Effective negotiation and stakeholder communication. 

   - Ethical sourcing and anti-corruption practices. 

   - Tools: ERP systems (SAP MM, Oracle Procurement). 

 

*Semester 2: Advanced Procurement Strategies* 

6. *Strategic Sourcing* 

   - Cost reduction techniques (total cost of ownership, value analysis). 

   - Supplier relationship management (SRM). 

   - Global sourcing challenges (currency risks, tariffs). 

 

7. *Supply Chain Logistics* 

   - Transportation modes (road, rail, air, sea). 

   - Incoterms 2020 and freight management. 

   - Third-party logistics (3PL) and reverse logistics. 

 

8. *Inventory Control and Demand Forecasting* 

   - Techniques: Moving averages, exponential smoothing. 

   - Safety stock and reorder point calculations. 

   - Tools: MRP (Material Requirements Planning), DRP (Distribution Requirements Planning). 

 

9. *Legal Aspects of Procurement* 

   - Contract law (breach, termination, force majeure). 

   - Compliance with labour and environmental regulations. 

   - Dispute resolution (arbitration, mediation). 

 

10. *Cost Accounting and Budgeting* 

    - Cost analysis (fixed, variable, overheads). 

    - Budget preparation and variance analysis. 

    - Cost-benefit analysis for procurement decisions. 

 

*Semester 3: Specializations and Practical Training* 

11. *E-Procurement and Digital Tools* 

    - E-auctions, B2B platforms (Alibaba, Ariba). 

    - Blockchain in supply chain transparency. 

    - AI-driven procurement tools (predictive analytics, chatbots). 

 

12. *Sustainable Procurement* 

    - Green sourcing and circular economy principles. 

    - Carbon footprint reduction in supply chains. 

    - Ethical sourcing (fair trade, conflict minerals). 

 

13. *Project Procurement* 

    - Procurement in construction, IT, and infrastructure projects. 

    - Risk management in project procurement. 

    - Case studies: EPC (Engineering, Procurement, Construction) projects. 

 

14. *ERP Systems in Procurement* 

    - Hands-on training with SAP MM, Oracle Procurement Cloud. 

    - Automating purchase workflows and reporting. 

    - Data analytics for procurement optimization. 

 

15. *Internship/Capstone Project* 

    - Practical training with manufacturing firms, retail chains, or logistics companies. 

    - Final project: Designing a procurement strategy for cost reduction or sustainability. 

 

*Elective Subjects* 

- *Retail and FMCG Procurement* 

- *Government and defence Procurement* 

- *Automotive Supply Chain Management* 

- *Pharmaceutical Procurement Compliance* 

- *Lean and Six Sigma in Procurement* 

 

*Assessment Methods* 

- *Theory exams*: Procurement laws, inventory models, cost accounting. 

- *Practical assignments*: ERP simulations, vendor negotiation role-plays. 

- *Case studies*: Solving supply chain disruptions or ethical dilemmas. 

- *Internship evaluation* and capstone project presentation.